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 SG Savings Bond (SSB) & Treasury Bills (T-bills), Guaranteed by Singapore Government

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SUSyklooi
post Jun 1 2022, 07:22 PM

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Not sure if I calculates it correctly....
For a 10yrs holding period.... @2.x%pa....

I would prefer to put in kwsp @abt 5.5%pa...
That is a plus of abt 3%pa.....
I think SGD cannot appreciates at a 3%pa over MYR.
What do you think?
SUSyklooi
post Jun 1 2022, 08:34 PM

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QUOTE(LuckyBai @ Jun 1 2022, 07:48 PM)
20 years ago many think ringgit wont be breaching 3.xx to a Sing dollar, 4.xx to a US dollar

What does that tell? Is savings with KWSP really help the people to have a better retirement years???
*
QUOTE(umboy @ Jun 1 2022, 08:12 PM)
I agree with u
Ringgit is a depreciating asset
*
3% pa variance....
@10 yrs = 30%
Now is 3.1 MYR to sgd
30% = 4.0 MYR to sgd in 10 yrs??
🤔🤔

Is savings with KWSP really help the people to have a better retirement years???
🤔🤔Unless you want to retired in sg.
Being abt to hv abt 5.5-6%pa compounded... Much better than those that aimed at riskier asset or capital protected vehicle?? 🤔🤔

This post has been edited by yklooi: Jun 1 2022, 08:40 PM

 

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