tag:blogger.com,1999:blog-11702093.post696421759749722934..comments2024-03-28T22:56:40.743+08:00Comments on Tan Kin Lian's Blog: Minibond - misconceptions and unfair criticismsTan Kin Lianhttp://www.blogger.com/profile/00617069056914635271noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-11702093.post-35843496886888493422009-07-31T15:15:52.803+08:002009-07-31T15:15:52.803+08:00Hi A Tan,
There are many investment options avail...Hi A Tan,<br /><br />There are many investment options available for a retail investor:<br />1)Fixed deposit: return is around 1.5%. (return of 1 risk of 1)<br />2)5 years Government bonds: return is around 2.33%.(return of 1 risk of 1)<br />3)Local banks preference shares: return is around 4% to 6%. (return of 3 risk of 3) <br />4)Unit trusts: long term returns is around 5%. (return of 3 risk of 3) <br />5)Blue chips share: long term returns is around 6% to 10%. (return of 4 risk of 4)<br />6)Trading of shares: the return could be more than 10% within weeks, this translates to yearly return of more than 100%. (return of 8 risk of 8) <br />7)Trading of speculative shares: the return could be more than 10% within days, this translates to yearly return of few hundred percents. (return of 9 risk of 9) <br /> Therefore, a long return of 5% (215% of government bonds) offered by minibond, can not be considered as high and it should not causes any alarm to the investors. <br /><br />PangAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-75876006404985999182009-07-24T17:20:50.536+08:002009-07-24T17:20:50.536+08:00So all the injured pedestrian can do is to tell yo...So all the injured pedestrian can do is to tell younger generations to AVOID CROSSING ANY ROADS TOTALLY AND STAY AT HOME ALL THEIR LIVES...good luck for the bus companies...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-29733423760423559652009-07-24T08:21:42.534+08:002009-07-24T08:21:42.534+08:00Pang
True 12 mth FD rate is bad benchmark.
So u...Pang<br /><br />True 12 mth FD rate is bad benchmark. <br /><br />So use the yield of 5 yr govmin bonds (2.33% pa in 2007), this shows minibond interest rate of 4.88% is 209% more than the yield on 5 yr govmin paper. That of DBSHN5 is 215%.<br /><br />The 200% difference should have alerted investors.<br /><br />I'm sure that investors will claim that 5 yr bond yield benchmark is unfair because they didn't know abt it. <br /><br />I can only respond by using longest FD rate available at time which I've been told is 2.8% for 3<br />yrs (HLF). <br /><br /><br />And to tell them to join FiSCA http://www.fisca.sg/ Chairman one Tan Kin Lian to educate consumers.A Tannoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-495779493031704792009-07-22T23:18:43.562+08:002009-07-22T23:18:43.562+08:00pay ministers $millions and they deliver peanuts. ...pay ministers $millions and they deliver peanuts. Looks like we sgp MB investors paid a high price to learn our system sucks....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-90202281930116633532009-07-22T23:18:26.338+08:002009-07-22T23:18:26.338+08:00Great work and recommendation by MAS and the govt ...Great work and recommendation by MAS and the govt to protect the small people so far hit by the MAS appoved toxic products... minibonds, pinnacle notes... We all should trust the govt more with such great experience and should continue to vote for them come the next election????? God BlessAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-29280101221703703892009-07-22T23:06:14.209+08:002009-07-22T23:06:14.209+08:00The bus driver joined another bus company as its c...The bus driver joined another bus company as its chief driving instructor and look forward to more good years aheadAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-38899160772775580282009-07-22T22:26:16.652+08:002009-07-22T22:26:16.652+08:00You complained you were badly injured and have yet...You complained you were badly injured and have yet to receive any compensation from the bus company for your medical fee. The government say: "I've already issued an unprecedent punishment of not allowing the driver to hit you for 6 months, what else you want? Also his reputation is tarnished"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-80869544328679590982009-07-22T21:37:12.057+08:002009-07-22T21:37:12.057+08:00when the government finally investigates the hit a...when the government finally investigates the hit and run, it finds that indeed the driver did hit you, so the governemnt says to the drive, "you naughty boy, you hit the man but refuse to admit, I will have to punish you." The punishment is "you cannot hit him again for six months!"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-81226112195842205442009-07-22T21:32:00.894+08:002009-07-22T21:32:00.894+08:00when you get hit by a bus, the governemnt would as...when you get hit by a bus, the governemnt would ask you "go complain to the bus driver, don't complain to me." when the bus driver lies and says "I did not hit you, go away," you complian to the government again, which says "if he says that he did not hit you, he must be right and you must be wrong."<br /><br />this is how silly the situation in singapore is.<br /><br />we have not one to turn to, god help us.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-91011705269029864992009-07-22T21:14:12.746+08:002009-07-22T21:14:12.746+08:00Me too, bite the bullet, move on and learn to deal...Me too, bite the bullet, move on and learn to deal with FIs with extra care.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11702093.post-61964445288023966752009-07-22T21:04:27.995+08:002009-07-22T21:04:27.995+08:00yeap, fell for the same trick but the government a...yeap, fell for the same trick but the government asks us to deal directly with the FIs that choose not to believe you. It means goes to court but I have no money so I have to swallow my loss.Anonymousnoreply@blogger.com