Dear Mr Tan
You have recommended to invest in government bonds. It now earns less than 3% p.a. and you have to lock it for 5 years or more. I do not find it to be attractive. Is there a better return from other safe investments?
If you wish to have a safe investment, it is better to buy government bonds to earn 3% p.a. for 5 years, or a total of 15%, instead of investing in a financial product that requires you to bet on the outcome of certain stocks.
Many people invested in the financial products during the past years, and obtained a poor return of less than 1% p.a. For example, the Swing fund gave a return of 2% for 5 years, or just 0.4% p.a.
If you do not wish to lock up your money to earn 3% for 5 years, you can invest in a money market fund and earn about 2% p.a. at the current rate. If interest rate goes up, your return will increase, and it changes with the money market.
- ► 2013 (310)
- ► 2012 (1270)
- ► 2011 (1873)
- ► 2010 (2369)
- ► 2009 (1655)
- ► 2008 (2105)
06/17 - 06/24
- Global stockmarkets
- Financial Adviser in Australia
- Look after the interest of ordinary people
- Importance of savings - a view from an elderly per...
- Improve the call center of the Telcos
- Improve the public transport now (not later)
- Does Land Transport Authority listen to the public...
- Invest in a unit trust
- Invest in an index fund
- Difference between Logic9 and Sudoku
- Learn Logic9 (Sudoku) at Prime of Life Exhibition
- Travel Insurance Claims
- Inflated Claims on Travel Insurance
- Target savings at retirement
- Buy Insurance For A Discount
- Financial Planning for Teachers
- Hong Kong's public transport system
- What is Research?
- Difficult life of a taxi driver in Singapore
- Make my blog more interesting
- Strange simple English
- Universal ID - now known as OpenID
- Photos of my grand-daughter
- A piece of inspiration
- Is the stockmarket too highly valued?
- Talk on Financial Planning
- Visitors to my blog
- Grouses of taxi drivers
- Overcrowded Singapore - a comment
- Bad customer service from Telcos
- Singapore is getting over-crowded
- Best Public Service in the World
- Universal ID for website
- Feedback on the Telcos
- Call centers of our Telcos
- Yield on Money Market Fund
- Visit the financial adviser
- Singapore is 14th most expensive city in the world...
- Tan Kin Lian Has A Blog
- Comments on Dr Lee Kum Tatt's blog
- Save for an early retirement
- Help a friend
- Save adequately for your child
- Sponsored article
- Rating of assets backing financial products
- Government bonds
- Fund earned 20% during past 8 months
- Cost of betting on a financial product
- Look for Solutions Not Scapegoats
- ▼ 06/17 - 06/24 (51)
- ► 2006 (696)
- ► 2005 (159)