Dear Mr. Tan,
I have written a series of posts this time on Singapore Government Securities i.e. SGS T-Bills and Bonds. Some of the topics I covered includes on an introduction to SGS, how to buy SGS and the advantages of SGS over fixed deposits. If you think it's useful for your readers, I would be glad if you can post on it on your blog. The link is http://www.moneytalk.sg/search/label/SGS . Thanks.
7 comments:
Dear Mr Tan
In your opinion, do you think that the latest product SAIL from NTUC income is good to invest? Are the projected returns in the brochure reasonable? It seems to me like an annuity kind of plan. Should I invest in it? Thank you for your advice.
No wonder DBS was not interested in helping me to get Government Bond. They always give the the excuse that The Government was not offering bond at this moment. Bloody Hell.
Why making Government Securities hard to invest if it is truly sounded good to investors?
Just curious why SGS T-Bills and Bonds exist but the public has no access to these kind of investments?
Everlearning, banks cant make much money from you via SGS - low commission..
another more fundamental reason : the commercial banks want you to keep your money with them in FD, savings, current acct, etc.. this allows them print money out of thin air via the fractional-reserve banking.. naturally ppl who gets to print money will be the wealthiest in the economy..
Randy Leow,
if you are a young person forget it. it is not worth the risk you take.For the same risk you can get much higher return.About 60% of the return is subject to risk AND HIGHER IF YOU CHOOSE THE LONG LOCK IN.
If you are old and have already accumulated your retirement saving this product may be a good way of PROTECTING what you have saved by taking the shortest or 10 year plan.
Remember, this is NOT growing your money in real time. It is just hedging against inflation which is expected to be 3.5% over the long term.Don't be fooled and misrepresented by the insurance agents that the bank rate is the benchmark , the inflation rate is.
Hi, ym,
Thanks for answering my questions.
Regarding printing money out of thin air, isn't there some kind of control by the government leaders of that particular country?
Surely this is a scam. If I were to print money, I am considered breaking the law and be jailed. If the country will to print money, it is legitimate? Double-standard?
I don't watch American movie; but Wall Street is a BIG MOVIE. Hopefully, all people will take heed and guard their hearts from greed and vanity.
AXA's Golden Saver is better than the SAIL in term of return and also protection and yet low riask.
Post a Comment