Trying to Figure out How Much You Need to Retire

[mobo]

So are most unit trust funds. B4 you make any money you are down 1 to 5 %.

The difference is for equity / alternative investment funds, the theoretical LT hurdle rate is 9%-10% and you pay 1.5% management fee.

A bond fund on the other hand wants you to pay 1% when the instruments they purchase yield 3%. Management fee becomes much more pronounced in a bond fund.

[Temperament]

Ah! Individual bond and bond fund. It's really not the same as stock and STF Index fund. Thinking both pairs in terms of safety of capital invest is parallel, is a big mistake. i may have thought in this way until i read a warning if you want to go into bond, buy individual bond and not bond fund. Bond fund can have many funny things happen to your capital invested. Hey! How about subprime CDO bonds as a product again?

The key words is financial literacy IMO.

There are risks involved, and there are means to mitigate e.g. buying bond to maturity, and staggered approach etc.

I prefer equity over bond. A follower of Peter Lynch who believe more in equity than bond investment.

i mean it is natural for most people to think since buying STI ETF is safer than buying individual stock , so bond fund should be safer than individual bond. You got diversification since both are funds. Which actually, it is like comparing apple to orange.

STI ETF should be more risky than individual stocks. Otherwise why would SGX put it under SIP and only those with experience, or guided by some qualified advisors, are allowed to trade. They do not put such restrictions to individual stocks. Unless I get it wrong...

i also don't know why. But i don't think so. it should be safer in one sense. On the other hand, out of the 30 component stocks, from time to time, one or two may be replaced. But if you only have 5 stocks, one of them kaput, then what?

[Penguin Papa]

Ah! Individual bond and bond fund. It's really not the same as stock and STF Index fund. Thinking both pairs in terms of safety of capital invest is parallel, is a big mistake. i may have thought in this way until i read a warning if you want to go into bond, buy individual bond and not bond fund. Bond fund can have many funny things happen to your capital invested. Hey! How about subprime CDO bonds as a product again?

The key words is financial literacy IMO.

There are risks involved, and there are means to mitigate e.g. buying bond to maturity, and staggered approach etc.

I prefer equity over bond. A follower of Peter Lynch who believe more in equity than bond investment.

i mean it is natural for most people to think since buying STI ETF is safer than buying individual stock , so bond fund should be safer than individual bond. You got diversification since both are funds. Which actually, it is like comparing apple to orange.

STI ETF should be more risky than individual stocks. Otherwise why would SGX put it under SIP and only those with experience, or guided by some qualified advisors, are allowed to trade. They do not put such restrictions to individual stocks. Unless I get it wrong...

i also don't know why. But i don't think so. it should be safer in one sense. On the other hand, out of the 30 component stocks, from time to time, one or two may be replaced. But if you only have 5 stocks, one of them kaput, then what?

I dunno how these regulators do their work. Their thoughts are very profound...

[Temperament]

The key words is financial literacy IMO.

There are risks involved, and there are means to mitigate e.g. buying bond to maturity, and staggered approach etc.

I prefer equity over bond. A follower of Peter Lynch who believe more in equity than bond investment.

i mean it is natural for most people to think since buying STI ETF is safer than buying individual stock , so bond fund should be safer than individual bond. You got diversification since both are funds. Which actually, it is like comparing apple to orange.

STI ETF should be more risky than individual stocks. Otherwise why would SGX put it under SIP and only those with experience, or guided by some qualified advisors, are allowed to trade. They do not put such restrictions to individual stocks. Unless I get it wrong...

i also don't know why. But i don't think so. it should be safer in one sense. On the other hand, out of the 30 component stocks, from time to time, one or two may be replaced. But if you only have 5 stocks, one of them kaput, then what?

I dunno how these regulators do their work. Their thoughts are very profound...

i think STI ETF can be purchased under CPFIS; If so no need SIP liao.

---

So are most unit trust funds. B4 you make any money you are down 1 to 5 %.

The difference is for equity / alternative investment funds, the theoretical LT hurdle rate is 9%-10% and you pay 1.5% management fee.

A bond fund on the other hand wants you to pay 1% when the instruments they purchase yield 3%. Management fee becomes much more pronounced in a bond fund.

After a little experience (even use to be CPF approved fund) with both about 20 years ago, i never touch them again. It's too "complicated" to select the better ones; that's for me only. i hardly could make any money out of them.

[whizzard]

After a little experience (even use to be CPF approved fund) with both about 20 years ago, i never touch them again. It's too "complicated" to select the better ones; that's for me only. i hardly could make any money out of them.

Me too! Have invested in funds over the years. In fact, put a lump of money into one when my son was born for his university funds. At the rate it is performing (or rather not performing), if he has to depend on it for his university fees, he will have to go local!

Second go at it was when a friend came to me. He left his job and became an independent financial advisor and asked me to invest som money with him. Put some money with him and till date (more than 5 years later), it is still under water. Sigh!

I have sworn off funds.

[Alaraph]

The Nikko AM STI ETF (G3B) is no longer classified as a specified investment product (SIP) as of earlier this year. So there is no need to pass an exam to trade it. The SPDR STI ETF (ES3) still is an SIP, however.

[KopiKat]

On the subject of retirement, something I read from the internet...



After I retired, my wife insisted that I accompany her on her trips to Walmart. Unfortunately, like most men, I found shopping boring and preferred to get in and get out. Equally unfortunate, my wife is like most women – she loves to browse.

Yesterday my dear wife received the following letter from the local Walmart

Dear Mrs. Woolf,

Over the past six months, your husband has caused quite a commotion in our store. We cannot tolerate this behavior and have been forced to ban both of you from the store. Our complaints against your husband, Mr. Woolf, are listed below and are “documented by our video surveillance cameras”:

1. June 15: He took 24 boxes of condoms and randomly put them in other people’s carts when they weren’t looking.

2. July 2: Set all the alarm clocks in Housewares to go off at 5-minute intervals.

3. July 7: He made a trail of tomato juice on the floor leading to the women’s restroom.

4. July 19: Walked up to an employee and told her in an official voice, ‘Code 3 in Housewares. Get on it right away’. This caused the employee to leave her assigned station and receive a reprimand from her Supervisor that in turn resulted in management getting involved causing management to lose time and costing the company money.

5. August 4: Went to the Service Desk and tried to reserve a bag of chips.

6. August 14: Moved a ‘CAUTION – WET FLOOR’ sign to a carpeted area.

7. August 15: Set up a tent in the camping department and told the children shoppers they could come in if they would bring pillows and blankets from the bedding department – to which twenty children obliged.

8. August 23: When a clerk asked if they could help him he began crying and screamed, ‘Why can’t you people just leave me alone?’ Emergency Medics were called.

9. September 4: Looked right into the security camera and used it as a mirror while he picked his nose.

10. September 10: While handling guns in the Sports department, he asked the clerk where the antidepressants were.

11. October 3: Darted around the Store suspiciously while loudly humming the ‘ Mission Impossible’ theme.

12. October 6: In the auto department, he practiced his ‘Madonna look’ by using different sizes of funnels.

13. October 18: Hid in a clothing rack and when people browsed through, yelled ‘PICK ME! PICK ME!’

14. October 22: When an announcement came over the loud speaker, he assumed the fetal position and screamed ‘OH NO! IT’S THOSE VOICES AGAIN!

15. Took a box of condoms to the checkout clerk and asked where the fitting room was.

And last, but not least:

16. October 23: Went into a fitting room, shut the door, waited awhile, and then yelled very loudly, ‘Hey! There’s no toilet paper in here.’ One of the Staff passed out.



Reference for #12 for those not so familiar with 'Madonna look' (courtesy of internet search) ,

[Image: madonna-blonde-ambition-gold-bra-for-two...=488&h=366]

[kazukirai]

The Nikko AM STI ETF (G3B) is no longer classified as a specified investment product (SIP) as of earlier this year. So there is no need to pass an exam to trade it. The SPDR STI ETF (ES3) still is an SIP, however.

Looks like State Street is trying to get their SPDR ETF classified as a EIP too. (link here)

"With effect from the Effective Date, the Manager will be re-classifying the Units as Excluded Investment
Products (“EIPs”) under the Notice and in this connection, the Fund shall not invest in any product or
engage in any transaction which may cause the Units not to be regarded as EIPs."

[shoeboxlife]

Hahahahaha kopikat. Good one!!!!!!