[sgbuffett]

[starbugs]

I was vaguely interested until the very last part, which is that you must visit a bank branch to do buy SGS. The time cost is not worth the extra 0.7%. Even with $100k, it's only an extra of $700 a year non-compounded. Hare-brained idea unless your time is cheap or you buy >10-year tenure.

[Napoleon Porlumpar]

I was vaguely interested until the very last part, which is that you must visit a bank branch to do buy SGS. The time cost is not worth the extra 0.7%. Even with $100k, it's only an extra of $700 a year non-compounded. Hare-brained idea unless your time is cheap or you buy >10-year tenure.

so use CPF funds to go bank buy SGS.................what the heck is SGS ?

[sgbuffett]

so use CPF funds to go bank buy SGS.................what the heck is SGS ?

https://www.mas.gov.sg/bonds-and-bills/S...ndividuals

[p1acebo]

Nice titties

[p1acebo]

Just to note there is an additional $10 per counter costs if he needs to transfer the bond/stock  to CDP for whatever reasons

[p1acebo]

Interesting actually… for the more risk adverse.

[Napoleon Porlumpar]

https://www.mas.gov.sg/bonds-and-bills/S...ndividuals

thanks, bro..............but can use how much of Ordinary Account ?

also non-compounded, right ?

let's not forget the 1st 20K of OA get extra 1% interest, right ?................if so then like not worth the trouble lah............