As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Saturday, 1 October 2011

The best Bond fund in Singapore for senior citizens!

Read? The next 10 years (2012 - 2021) Investing Goals

Reaching 55. Congratulations! You are now senior citizen in Singapore.

You have the best Bond fund in Singapore for senior citizens of age 55 and above in the current bonds market condition. It pays yearly coupon rate of 2.5% per annum for CPF OA (aka Bond1) and 4% per annum for CPF SA (aka Bond2). These are the best coupon rate that you ever find in Singapore bond funds under current market condition. Unlike other bonds, these CPF Bonds do not have the typical re-investment coupon yield risk. It is automatically compounded at 2.5% and 4% respectively for Bond 1 and Bond2 if you don't wish to en cash the coupon payouts. Best of all, no maturity date and any time any target. But, only senior citizens of age 55 and above have this privilege.

Read? Work Less and Gone Fishing Planning Room (7)

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