NOT worth to invest <5k on T bills USING OA & SA - Printable Version
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NOT worth to invest <5k on T bills USING OA & SA - talky - 06-11-2022
APPLICATION is $2.50/**
every qtr $2/**
RE: NOT worth to invest <5k on T bills USING OA & SA - sgh - 06-11-2022
(06-11-2022, 04:11 PM)talky Wrote: APPLICATION is $2.50/**
every qtr $2/**
Not only that due to the way CPF calculate interest they based it on the lowest amount within the month so if you withdraw depend on the T-bill auction date, you need to beat the CPF interest of maybe up to 8 months (1 to apply, 1 to go back after mature). But recent 4.19% means it really can beat so a long queue is formed in bank as CPF for T-bill need to be done at the bank branch cannot online DIY.
RE: NOT worth to invest <5k on T bills USING OA & SA - Napoleon Porlumpar - 09-11-2022
(06-11-2022, 04:11 PM)talky Wrote: APPLICATION is $2.50/**
every qtr $2/**
okay lah...............the interests can more than cover these charges easily leh.............
(06-11-2022, 04:43 PM)sgh Wrote: Not only that due to the way CPF calculate interest they based it on the lowest amount within the month so if you withdraw depend on the T-bill auction date, you need to beat the CPF interest of maybe up to 8 months (1 to apply, 1 to go back after mature). But recent 4.19% means it really can beat so a long queue is formed in bank as CPF for T-bill need to be done at the bank branch cannot online DIY.
so i must withdraw CPF money into CPF investment account for months before the auction date ??
enlighten me on this leh, bro ?
RE: NOT worth to invest <5k on T bills USING OA & SA - talky - 10-11-2022
(06-11-2022, 04:43 PM)sgh Wrote: Not only that due to the way CPF calculate interest they based it on the lowest amount within the month so if you withdraw depend on the T-bill auction date, you need to beat the CPF interest of maybe up to 8 months (1 to apply, 1 to go back after mature). But recent 4.19% means it really can beat so a long queue is formed in bank as CPF for T-bill need to be done at the bank branch cannot online DIY.
I BOT ON LINE USING CASH, NO $2/** CHARGED FOC PROCESSING FEES
RE: NOT worth to invest <5k on T bills USING OA & SA - talky - 10-11-2022
(10-11-2022, 12:24 PM)talky Wrote: I BOT ON LINE USING CASH, NO $2/** CHARGED FOC PROCESSING FEES
next t bills aution next wk get yr bullets ready
RE: NOT worth to invest <5k on T bills USING OA & SA - Levin - 10-11-2022
(10-11-2022, 07:39 PM)talky Wrote: next t bills aution next wk get yr bullets ready
24 Nov. Should be week after next.
RE: NOT worth to invest <5k on T bills USING OA & SA - talky - 10-11-2022
resuts out latest was only 4% lower than 4.19% the preceding one
too many apply
RE: NOT worth to invest <5k on T bills USING OA & SA - Levin - 11-11-2022
(10-11-2022, 08:31 PM)talky Wrote: resuts out latest was only 4% lower than 4.19% the preceding one
too many apply
Expected. I just don't know how low it will go. Thankfully, still at 4% and not lower. Better than FD. Issue now is what will be the interest rate 6 months later.
RE: NOT worth to invest <5k on T bills USING OA & SA - talky - 11-11-2022
(11-11-2022, 07:59 AM)Levin Wrote: Expected. I just don't know how low it will go. Thankfully, still at 4% and not lower. Better than FD. Issue now is what will be the interest rate 6 months later.
used 3k cash to apply non competitive rtn 1k means got 2 k
luckily did not use cpf to apply otherwise is a lost in earned interest
interest also given together w the 2 k rtn
RE: NOT worth to invest <5k on T bills USING OA & SA - talky - 11-11-2022
so now no more guarantee if apply non competitive will get all.
RE: NOT worth to invest <5k on T bills USING OA & SA - ysh02 - 11-11-2022
Still got money in CPF OA ?...why don't use it to buy most of blue chips the return is it better ? Or worse? T bill can trade easily in SGX ?
RE: NOT worth to invest <5k on T bills USING OA & SA - talky - 11-11-2022
(11-11-2022, 11:24 AM)ysh02 Wrote: Still got money in CPF OA ?...why don't use it to buy most of blue chips the return is it better ? Or worse? T bill can trade easily in SGX ?
V HARD TO SELL T BILLS V ILLIQUID N MAY LSE MONEY
BUY BLUE CHIPS BETTER
RE: NOT worth to invest <5k on T bills USING OA & SA - Levin - 11-11-2022
(11-11-2022, 11:24 AM)ysh02 Wrote: Still got money in CPF OA ?...why don't use it to buy most of blue chips the return is it better ? Or worse? T bill can trade easily in SGX ?
Treat T-Bill as FD lah. Better that way. I put T-Bill in the same basket as SSB and FD for my investment. Shares is in another basket.