Sunday, June 04, 2006

Our investments are doing well

I received a monthly e-mail statement on my investments with the funds operated by NTUC Income.

I invested $208,000 of my money from CPF, SRS and cash. The average duration is 3 years. They are invested in several combined and specialised funds.

The total value of my investments is $245,000 (even after the 5% correction in May). I get a return of 18% for the 3 years.

My wife invested $201,000 of her cash savings. The average duration is 2 years. Most of her investments are in the combined fund.

Her investments are now worth $230,000, giving a return of 14% for 2 years. This is a better return than mine.

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