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smooth

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #15 on: May 01, 2018, 01:32:48 pm »
how does SSB work?  go ATM apply.  I've provided the links above,  particularly some very helpful analysis from @kyith on his blog,  giving you monthly blow by blow account

you still have high concentration risk in a few stocks and in a single market.

STI ETFs could help somewhat in the diversification

and since you are a retiree,  you should have a proportionate and appropriate exposure to bonds.

do you have some REITs for income?

OCBC, KEPCORP, SEMBCORP ETC have very very little risk when hold longterm for many years, they always bounce back very fast!

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beaverjuice

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #16 on: May 01, 2018, 01:44:26 pm »
Becos local media advised sporeans to deposit only $50K max in 1 bank and to deposit several $50K in many different banks.

Even the present 9pm channel 8 show also portrayed CHW depositing twenty $50K FD into twenty different banks.

But this HL Bank states their 1.7% rate is only applicable for minimum $100K FD hence my thread's question on whether is it safe to deposit $150K into this HL BANK larrrr!

My question back to you is whether you think HLB may become insolvent in 2 years? ???

Quote
And also my 2nd part qns on whether is FD rates likely to rise even more next year? Becos I remembered in 2015 my FD rate in Maybank was 1.9% for 1 year but now Maybank's FD rate is only abt 1.35%

That's exactly my point about about "duration" risk for locking your money $150k for 2 years.

So u could split the money into 2 or 3 tranches and put some in shorter dated F.D.

PS:  but frankly why bother since interest rates on F.D.s are so low?
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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beaverjuice

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #17 on: May 01, 2018, 01:48:10 pm »
OCBC, KEPCORP, SEMBCORP ETC have very very little risk when hold longterm for many years, they always bounce back very fast!

That i completely agree .... but stocks have risk profiles above bonds and FDs yeah?

Otherwise you would have parked your $150k in OCBC right? ???

You need to read more on risk premia and how to price risk for different assets across the investible universe appropriately.

« Last Edit: May 01, 2018, 01:52:54 pm by beaverjuice »
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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smooth

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #18 on: May 01, 2018, 02:47:31 pm »
My question back to you is whether you think HLB may become insolvent in 2 years? ???

That's exactly my point about about "duration" risk for locking your money $150k for 2 years.

So u could split the money into 2 or 3 tranches and put some in shorter dated F.D.

PS:  but frankly why bother since interest rates on F.D.s are so low?

you are wrong!

Why you unable to comprehend?!

I already said many times their 1.7% rate is not applicable for 50K FD hence cannot split into 2 or 3 tranches


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smooth

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #19 on: May 01, 2018, 02:52:16 pm »
I jst clicked on Kyith's blog but his blog never explain the singapore savings bonds!
« Last Edit: May 01, 2018, 02:53:48 pm by smooth »

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beaverjuice

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #20 on: May 01, 2018, 07:24:13 pm »
you are wrong!

Why you unable to comprehend?!

I already said many times their 1.7% rate is not applicable for 50K FD hence cannot split into 2 or 3 tranches

Yes. Please do put your $150k in HLB ..... if it makes you heypi can liao ::) ::) ::)
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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beaverjuice

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #21 on: May 01, 2018, 07:25:59 pm »
I jst clicked on Kyith's blog but his blog never explain the singapore savings bonds!

Maybe the problem is not @kyith 's explanation but your comprehension? ??? ??? ???
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smooth

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #22 on: May 01, 2018, 11:23:04 pm »
Maybe the problem is not @kyith 's explanation but your comprehension? ??? ??? ???

you are a crazy stupid retard!
« Last Edit: May 01, 2018, 11:25:56 pm by smooth »

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beaverjuice

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #23 on: May 02, 2018, 07:39:27 am »
you are a crazy stupid retard!

that's pretty mature for a retiree .... ::) ::) ::)

asking for an opinion on a forum and calling others names ....

instead of waiting to be spoon-fed, why not read the links given? ???
« Last Edit: May 02, 2018, 07:52:04 am by beaverjuice »
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smooth

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #24 on: May 02, 2018, 02:30:02 pm »
that's pretty mature for a retiree .... ::) ::) ::)

asking for an opinion on a forum and calling others names ....

instead of waiting to be spoon-fed, why not read the links given? ???

you are a crazy stupid retarded dog!

you are a very quarralsome crazy stupid retarded dog!

you this mad retarded dog always purposely digress to post a lengthy irrelevant post which does not reply my question. And then you this quarralsome dog will argue with me when I point out yr mistake! I already said many times that kythe blog does not talk on SSB!

Now in another forum, after I made one post only, someone immediately show me the links of the Government SSB website which explains the SSB!

Also when I already said many times the HLB 1.7% is only for at least 100K But you this mad retarded dog keep posting the same deposit the 150000 into 2 to 3 tranches. If divide into 2 to 3 , will be cannot get the 1.7% rate! Why you so retarded cannot comprehend this simple thing!

And it is already very obvious I'm already very annoyed by you and I don't want you to come into my thread anymore, but why you this mad quarralsome dog still keep following my every post to come argue and quarral with me!

Becos of you this very quarralsome crazy stupid retarded dog as mod here, that's why this forum's membership is so pathetically low, everytime always has the same 3 forumners to at most 5 or 6 posting only.

« Last Edit: May 02, 2018, 02:53:40 pm by smooth »

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beaverjuice

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #25 on: May 02, 2018, 04:35:21 pm »
you are a crazy stupid retarded dog!

you are a very quarralsome crazy stupid retarded dog!

you this mad retarded dog always purposely digress to post a lengthy irrelevant post which does not reply my question. And then you this quarralsome dog will argue with me when I point out yr mistake! I already said many times that kythe blog does not talk on SSB!

Now in another forum, after I made one post only, someone immediately show me the links of the Government SSB website which explains the SSB!

Also when I already said many times the HLB 1.7% is only for at least 100K But you this mad retarded dog keep posting the same deposit the 150000 into 2 to 3 tranches. If divide into 2 to 3 , will be cannot get the 1.7% rate! Why you so retarded cannot comprehend this simple thing!

And it is already very obvious I'm already very annoyed by you and I don't want you to come into my thread anymore, but why you this mad quarralsome dog still keep following my every post to come argue and quarral with me!

Becos of you this very quarralsome crazy stupid retarded dog as mod here, that's why this forum's membership is so pathetically low, everytime always has the same 3 forumners to at most 5 or 6 posting only.


thanks for posting and good riddance .... ::) ::) ::)

bye-bye and don't come back ..... :P
« Last Edit: May 02, 2018, 04:39:19 pm by beaverjuice »
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smooth

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #26 on: May 02, 2018, 08:59:58 pm »

thanks for posting and good riddance .... ::) ::) ::)

bye-bye and don't come back ..... :P

you go die!

you are a crazy retarded total loser mad dog!
« Last Edit: May 02, 2018, 09:01:36 pm by smooth »

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beaverjuice

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #27 on: May 02, 2018, 09:17:34 pm »
you go die!

you are a crazy retarded total loser mad dog!

Tata ....  ::) ::) ::) ...
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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smooth

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #28 on: May 02, 2018, 09:21:12 pm »
Tata ....  ::) ::) ::) ...

you go die! you this mad retarded dog will die horribly in road accident this year!

you are a crazy retarded total loser mad dog!


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beaverjuice

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Re: Is it safe to deposit $150,000 FD for 24 months at 1.7% in HL Bank?
« Reply #29 on: May 02, 2018, 10:36:44 pm »
you go die! you this mad retarded dog will die horribly in road accident this year!

you are a crazy retarded total loser mad dog!

Thank you for your contribution to the world ....  ::) ::) ::)
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."