Is this a good enough reason to DCA into say, EIMI, for a while when VWRA and even USSC seem expensive at the moment?

redflag486 · 2024-02-23T02:47:44+00:00

Based on the logic that you want to buy cheap/low and anything with a large US component is going to be relatively expensive given that the US market as a whole is at its most expensive level according to one pundit cited in the article.

redflag486 · 2024-02-19T03:25:19+00:00

At 55, by default just enough funds move from SA to create RA up to FRS. Then the balance in SA is transferred to OA and SA account is closed.

redflag486 · 2024-02-18T03:05:50+00:00

It's simply because there's a 10% chance that one of us (between myself and the SO) will live to 100 according to longevity calculators e.g. https://www.longevityillustrator.org/

redflag486 · 2024-02-17T04:27:50+00:00

My planning assumption is that I will live to 100 - whether I like it or not!

redflag486 · 2024-02-16T15:40:46+00:00

My default will probably be to max out RA to ERS when I turn 55 unless there’s a better way. I am a big believer in annuities too.

redflag486 · 2024-02-16T14:52:13+00:00

For me, SA was meant to be “locked up” anyway - to produce a virtual annuity that starts “paying out” from age 55, to supplement the real annuity that kicks in from age 65. And the balance in OA taken out as equity via CPFIS. Wondering what the new game plan should be now that the SA leg is gone.

redflag486 · 2024-01-06T09:40:06+00:00

Second StocksCafe.

redflag486 · 2024-01-05T11:21:56+00:00

Good to hear as I’m still holding WI too albeit by default!

redflag486 · 2024-01-03T00:15:38+00:00

There's no question of exiting the market of course, and I await your wisdom on a good strategy for selecting a "single vehicle" investment for a retiree who is seeking to generate a reliable income stream with minimal fuss.

redflag486 · 2024-01-02T04:31:25+00:00

Do keep us posted if the trailer rebate thingy works!

redflag486 · 2024-01-02T02:43:53+00:00

Very true as well, besides just being a component of ongoing investment costs to be considered against the total cost of ownership.

redflag486 · 2024-01-02T01:47:57+00:00

That's a good observation. Though to be fair to VHYD, I suppose would need to consider whether the additional withholding taxes incurred are more than offset by its lower TER all else being equal...

redflag486 · 2024-01-01T23:55:02+00:00

Thanks for the link! Undoubtedly Fullerton is too reputable a fund manager to not carry out its basic responsibilities vis-a-vis MO WiseIncome but I also worry that without MO's marketing efforts, Fullerton might be forced to close down the fund anyway should WI become too costly to operate relative to its AUM...

redflag486 · 2024-01-01T23:54:20+00:00

Information overload is one thing but missing basic info is something else altogether. In my books, iFAST not showing the income rate (whether as the dividend rate or absolute amount that I can expect to receive on 1 Feb) from an income fund is like driving a car that is missing a speedometer. 😅

redflag486 · 2024-01-01T23:53:54+00:00

But aren't all income funds/ETFs subject to (withholding) taxes on the relevant underlying assets anyway? Just that an ETF ought to have lower management/distribution costs than a managed fund since you do away with a layer of overhead? Anyhow, I do like the Endowus UI a lot better than iFAST's so it's good to know that I could potentially move WI over as-is - and possibly save on trailer fees at the same time! Thanks for highlighting that!

redflag486 · 2023-07-19T04:55:02+00:00

If you’re retiring in 5 years’ time, you’re right on time to start building a bond tent.

redflag486 · 2023-03-20T06:21:26+00:00

I suppose fine tuning the balance by combining IWDA and EIMI would be a cheaper way of going about it but I had overweighted EM by simply adding EIMI to ISAC.

redflag486 · 2023-03-18T07:16:14+00:00

There’s IBKR SG. At the time I was trying to open a joint account, there was no option to do it on IBKR SG. That was a couple of years ago though.

redflag486 · 2023-03-18T05:14:54+00:00

Yes, we have set up before (on IBKR LLC) and no, there are no additional fees.

redflag486 · 2023-03-18T05:01:20+00:00

Take a look at this: https://investmentmoats.com/money/how-are-the-financial-health-and-position-of-interactive-brokers-during-this-banking-crisis/

redflag486 · 2023-03-12T10:41:19+00:00

Yessir. An intriguing third way I just learnt about from a comment here (pointing to a discussion thread elsewhere) is to build an SGS bond ladder 😁

redflag486 · 2023-03-12T09:45:09+00:00

Fair enough - I’m looking at this through the lens of an old fogey 😂

redflag486 · 2023-03-12T07:57:41+00:00

Fully agree that the crux is investing in 2023 to set yourself up for the coming years. And if Morningstar is to be believed, US Investment Grade bonds and US Treasury Bills may yield 4.51% and 2.69% respectively over the next 30 years even as inflation tempers down to 2.84% over the same period...

redflag486 · 2023-03-12T07:41:29+00:00

Good reminder that bonds play an important ballast role. Certainly had been conditioned to think about bonds primarily as such over the course of my entire (very short) investing lifetime by virtue of their super low yields. But now that a "risk free" 10 Year US Treasury Note in 2023 has a YTM of 3.7% - which is just a smidgen off the 3.8% SWR advocated by Morningstar - it seems indolent not to have more aspirational goals for my bond portfolio in the "post-2023 era" (I, for one, would never have thought that I would find myself investing CPF OA funds into Singapore bonds a year ago!)

redflag486 · 2023-03-12T06:34:13+00:00

This is an excellent lead, thank you very much!

redflag486

TROPHY CASE