13-02-2013, 10:40 AM
(This post was last modified: 13-02-2013, 10:41 AM by Temperament.)
Exactly the derivatives is not so safe anymore. The derivatives can be so "complicated" that it can be like the famous housing sub-prime loan packaged into CDO securities that sold to the world and caused 2008/2009 fiasco. So buying into market fund in US is not like what you think as before as safe as fixed income. In Singapore, i not sure what the money market fund's invested derivatives are.
i think CPF is only technically a fixed income if you leave it alone until you are 62 or whatever the future withdrawing age.
i think CPF is only technically a fixed income if you leave it alone until you are 62 or whatever the future withdrawing age.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.