Unit Trust

[Sorbxe]

Originally Posted by atee

Most products are expensive. Except fixed deposit.

Saw this brochure at Ntuc ILF. Put 60k lum sum. Get immediate @$230 every mth. Better returns than Fd. Ever heard such product?

That’s not bad!

12 x $230 / $60,000 = 4.6% yield

Even better than CPF’s retirement top up plan min 5yr. Put in $109,150 get back $2000/month and total u get $120K only. Capital depleted to ZERO

It’s based on:

6% for 1st $30K
5% for next $30K
4% for the rest.

You can also opt to receive min$ every month and leave the rest in there to accumulate the above yield which averages just slightly over 4%

I know of an investment that is based on lots of $10K and after 2yrs gives you 124% back (not gteed but backed by real estate holdings) which works out to nearly 12%

Interested can ask me for invite to talk on investment participation.

[nitecrawllerr]

Mine simple M$ FD for 12mths at 3.95% pledge with Public bank yr 2016. I invested S$50k at 3.10. Maturing dec 2017. Today M$ 3.09. 7weeks time mature. By then if rate hover around 3.10 or lower i already get better returns than putting into stupid sillypore FD.

[lipe]

Originally Posted by atee

In any investment it come with certain risks. I am just a novice. Just hope to have some professional advice. I am aware of Lehman Bros saga. But NTUC quite stable i thought. Putting into FD save but returns sucks

It all depends on risk that you are willing to take. The higher risk the higher returns.

You can put in NTUC Combined Growth if you want less risk.

If you are in the market for investments, be aware there will be many "snake oil saleman" who will promise high returns without telling you the high risks.

[sionglim]

wait now fd or unit trust?

[Shiofukis]

Originally Posted by atee

In any investment it come with certain risks. I am just a novice. Just hope to have some professional advice. I am aware of Lehman Bros saga. But NTUC quite stable i thought. Putting into FD save but returns sucks

Money don't drop from sky. U need to do some homework before you proceed.

[moltenwolf]

Originally Posted by atee

I did ask him. He told me fees minimal as its being shared by investors. The only downside is when u wish to sell theres a 3% fees incurred and also the difference in share price when u bought and sold. So it could be either to or against your favour.

You should report him to MAS. Mis-selling or simply don’t understand his product. It’s these people that makes UT and insurance have a bad name.

[nitecrawllerr]

Originally Posted by sionglim

wait now fd or unit trust?

Actually i just gave TS some idea. He can try M$ FD. A yr ago most of my sillyporean frds told me forget abt M$ FD cos when u convert back to S$ bound to lost in ex rate. Tats the risk i took. But i think my frds may have to take back their stmt. M$6122.55 interest gain.

[nitecrawllerr]

Originally Posted by Sorbxe

I know of an investment that is based on lots of $10K and after 2yrs gives you 124% back (not gteed but backed by real estate holdings) which works out to nearly 12%

Interested can ask me for invite to talk on investment participation.

12%. Sounds good. But projected yield. So 2 years locked in period?

[lipe]

"after 2yrs gives you 124% back (not gteed but backed by real estate holdings) "


If can give 124% - too good to be true, every sucker will make a beeline to this investment.

Not gteed means you can kiss goodbye to your principal amount (even though backed by real estate) if an "unfortunate event" happened.

Perhaps bro can give the name of this investment for others to evaluate.

Originally Posted by Sorbxe

That’s not bad!

12 x $230 / $60,000 = 4.6% yield

Even better than CPF’s retirement top up plan min 5yr. Put in $109,150 get back $2000/month and total u get $120K only. Capital depleted to ZERO

It’s based on:

6% for 1st $30K
5% for next $30K
4% for the rest.

You can also opt to receive min$ every month and leave the rest in there to accumulate the above yield which averages just slightly over 4%

I know of an investment that is based on lots of $10K and after 2yrs gives you 124% back (not gteed but backed by real estate holdings) which works out to nearly 12%

Interested can ask me for invite to talk on investment participation.

[atee]

Originally Posted by moltenwolf

You should report him to MAS. Mis-selling or simply don’t understand his product. It’s these people that makes UT and insurance have a bad name.

I went to NTUC income. Thats where the Manager introduced me Asian Income fund. Explained to me quite detail.

[atee]

Originally Posted by lipe

"after 2yrs gives you 124% back (not gteed but backed by real estate holdings) "


If can give 124% - too good to be true, every sucker will make a beeline to this investment.

Not gteed means you can kiss goodbye to your principal amount (even though backed by real estate) if an "unfortunate event" happened.

Perhaps bro can give the name of this investment for others to evaluate.

No risks no gain. But better not to invest heavily in one particular product

[atee]

Originally Posted by nitecrawllerr

Mine simple M$ FD for 12mths at 3.95% pledge with Public bank yr 2016. I invested S$50k at 3.10. Maturing dec 2017. Today M$ 3.09. 7weeks time mature. By then if rate hover around 3.10 or lower i already get better returns than putting into stupid sillypore FD.

Not bad. But then again 1 year ago one wouldnt know where M$ exchange is heading.

[yobyella]

Originally Posted by Sorbxe

That’s not bad!

12 x $230 / $60,000 = 4.6% yield

Even better than CPF’s retirement top up plan min 5yr. Put in $109,150 get back $2000/month and total u get $120K only. Capital depleted to ZERO

It’s based on:

6% for 1st $30K
5% for next $30K
4% for the rest.

You can also opt to receive min$ every month and leave the rest in there to accumulate the above yield which averages just slightly over 4%

I know of an investment that is based on lots of $10K and after 2yrs gives you 124% back (not gteed but backed by real estate holdings) which works out to nearly 12%

Interested can ask me for invite to talk on investment participation.

Bro can PM me more info? Tia.

[zeeepher]

Any bros here invest in REITs?

[secreta]

yes. my entire portfolio in business trusts and reits. I am totally against insurance link investments. as of 2017, I can get $25000 yearly from a $350k portfolio. I do dollar cost averaging to mitigate the volatility. it will be my retirement plan