I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Tuesday 5 January 2021

Meet the investment needs of the CPF

Read? Issuing limits raised for Singapore government securities and treasury bills

Read? CPF members added $1.6b to retirement funds from January to October, up from a year ago

THE issuing limits for government securities and treasury bills have been raised to meet Central Provident Fund (CPF) needs and cater to growing investor demand, with Parliament having voted to authorise this on Tuesday.

Special Singapore Government Securities (SSGS) are non-tradable bonds issued primarily to meet the investment needs of the CPF; Singapore Savings Bonds are issued to provide a long-term savings option for individual investors.


Hmm .. investment needs of the CPF??? 

To pay interests? Right?


4 comments:

  1. Thanks to CPF top ups & bigger salaries, lol!

    Also increasing demand for money market funds.

    ReplyDelete
  2. Those with big mortgages should be praying the Democrats don't win the 2nd Georgia senate seat in the next few hours. They already won the 1st seat.

    10-year yields above 1% for the first time since Covid struck.

    Investors have already started to dust off reflation trades in anticipation of a so-called ‘Blue Sweep.’

    U.S. 10-year breakevens, a market gauge of inflation expectations over the next decade, climbed above 2% for the first time since 2018, having gained in each of the last three months.

    “I can see 10-year Treasury yields rising to 1.5% to 2% in short order if more and more uncertainty gets behind us,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd in Singapore.

    ReplyDelete
    Replies
    1. Reflation indicates stronger economy. Hence generally good for stocks as people hope / price in bigger earnings.

      If total democrat control of US govt, ppl are pricing in another $1 or $2 trillion of stimulus in the near future.

      Delete

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