public debts already exceeded 100% still issue bonds some more?

[virus]

Hope Singapore become another Greece.that will reset the financial game once and for all.

greece will rebutt you and tell you they are not like singapore at all

 

[winnipegjets]

Looking at your graph posted, an average of 2.4% per annum over a 10-year period doesn't sound attractive.

7 percent return in safe ETF - eg. SPY - so why do you want to bite on the PAP's latest scheme to keep your money? The sinkapore government is bankrupt.

 

[SgGoneWrong]

7 percent return in safe ETF - eg. SPY - so why do you want to bite on the PAP's latest scheme to keep your money? The sinkapore government is bankrupt.

What is spy?
How about sti etf? But sg shares market is weak like diarrhea shit.

 

[Cloud]

7 percent return in safe ETF - eg. SPY - so why do you want to bite on the PAP's latest scheme to keep your money? The sinkapore government is bankrupt.

Who is SPY ???

 

[Lukasz]

greece will rebutt you and tell you they are not like singapore at all

Greece will kick his butt.

 

[DiMatteo]

Do post details of subscription when its out. I'm gonna buy.

I can sell u at a discount.

 

[krafty]

how can you compare, your spy is privately held whereas SGS is MAS held, can you see the risk difference? SGS is like having a savings account with the gahment, risk tolerance equates to near zero.

Temasek says its returns is 7 percent. If all the money is put into SPY, the same return can be achieved at lower cost as Temasek can be cut down by 90 percent. This substantial savings can be used to increase the returns.


SGS is just another way for PAP to capture your money lah. Boh lui.
A recent graduate should put his money in SPY ...higher returns and just as safe, if not safer than anything issued by the PAP Government.



You never get a good deal from the PAP. That's a fact.

 

[winnipegjets]

how can you compare, your spy is privately held whereas SGS is MAS held, can you see the risk difference? SGS is like having a savings account with the gahment, risk tolerance equates to near zero.

If US market tanks, the whole world, including sinkapore, is dragged down. The guarantee by MAS is as good as toilet paper.
I will take an extra 5 percentage point over the SGS returns for the miniscule additional risk, if any, by putting my money on SPY.

7 percent (SPY) vs 2.5 percent (SGS or CPF) over 30 years for an annual investment of $10k

SPY returns $1.3 million
SGS returns $450k

Returns given up for that 'risk' is $850,000, nearly 6X the returns of SGS. Are you going to be an idiot to give that much up?

Over the 30 year period, the SPY has gone through multiple bubble bursts and recessions, including the recent Great Recession.

 

[winnipegjets]

Who is SPY ???

https://www.spdrs.com/product/fund.seam?ticker=spy