A real rate of return of 4%, after deducting inflation, is an acceptable rate. However, it is also the rate that can be achieved by a low cost index fund.
I wonder what is the expense ratio of managing the funds under GIC?
http://www.channelnewsasia.com/news/singapore/dip-in-annualised-real/2991978.html?sc_customer=10b49691-b4ce-46cc-9e58-1e4cec0f9b99&sc_src=email&sc_llid=1233&sc_lid=44070760&sc_uid=22K6jmHe3A
I wonder what is the expense ratio of managing the funds under GIC?
http://www.channelnewsasia.com/news/singapore/dip-in-annualised-real/2991978.html?sc_customer=10b49691-b4ce-46cc-9e58-1e4cec0f9b99&sc_src=email&sc_llid=1233&sc_lid=44070760&sc_uid=22K6jmHe3A
https://en.wikipedia.org/wiki/S%26P_500_Index
ReplyDeleteS&P 500 has 20 years annualized return of 8.18% at year 2015
It's good of you to ask for the expense ratio.
ReplyDeleteIs there an expense ratio for CPF money?