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Thread: interest rates going up...

  1. #1
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    Default interest rates going up...

    todays papers talking about sor rates moving up..plus banks now offering 1.5% pa for years fd...hmm..something cooking...

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    Quote Originally Posted by radha08
    todays papers talking about sor rates moving up..plus banks now offering 1.5% pa for years fd...hmm..something cooking...
    Which Bank offering 1.5% ? Share leh. Need to put money with this kinda rates.

  3. #3
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    i also wanna put in 1.5% fd leh..

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    capital mall trust retail bond 3.8% ... apply now lah ... 1.5% still sucks
    Ride at your own risk !!!

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    put in bond i rather put forex fixed deposits..

  6. #6
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    which currency r u stuck in now?

    Quote Originally Posted by rick1
    put in bond i rather put forex fixed deposits..

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    Quote Originally Posted by Regulators
    which currency r u stuck in now?
    Stuck in SGD loh...

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    Quote Originally Posted by rick1
    put in bond i rather put forex fixed deposits..
    can eleborate? I am keen.

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    Quote Originally Posted by DKSG
    Which Bank offering 1.5% ? Share leh. Need to put money with this kinda rates.
    sorry i layman failed maths in sch but this what i read...

    http://www.standardchartered.com.sg/...omo/index.html

    please enlighten me if i am wrong...

  10. #10
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    Quote Originally Posted by Regulators
    which currency r u stuck in now?
    i bough 25k aud when they dropped until 0.96 in oct 2008.. LOL now kenna stucked there..

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    Quote Originally Posted by rattydrama
    can eleborate? I am keen.
    wait for chance lor.. aud dropped in 2008 i buy in mah.. put in forex FD can earn more interest..

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    Quote Originally Posted by rick1
    i bough 25k aud when they dropped until 0.96 in oct 2008.. LOL now kenna stucked there..
    Happy for you!! Now all time high at 1.3.

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    Quote Originally Posted by rattydrama
    Happy for you!! Now all time high at 1.3.

    sometimes must be fast and hiong when see good deals.. but current property prices is not good deal liao.. buy liao confirmed kenna depression..
    Last edited by rick1; 06-01-12 at 14:32.

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    No wonder aud so good interest at 5% byt exchange rate 1.3 very risky
    I feel....

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    Quote Originally Posted by rick1
    sometimes must be fast and hiong when see good deals.. but current property prices is not good deal liao.. buy liao confirmed kenna depression..
    No must buy buy buy - encourage the Chinese buyers buying those expensive and bird dont layout areas at min price of 6000psf.

    give them free tour to Singapore on first class, 6 stars hotel with fully paid meals/tour.

    give citizens 10k pa as nation progress incentive into our posb account every year before CNY. LOL

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    Quote Originally Posted by radha08
    No wonder aud so good interest at 5% byt exchange rate 1.3 very risky
    I feel....
    no one is buying aud now, i suppose. nzd maybe next best

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    Quote Originally Posted by rattydrama
    No must buy buy buy - encourage the Chinese buyers buying those expensive and bird dont layout areas at min price of 6000psf.

    give them free tour to Singapore on first class, 6 stars hotel with fully paid meals/tour.

    give citizens 10k pa as nation progress incentive into our posb account every year before CNY. LOL

    u mai saboh ah tiong lah..

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    Quote Originally Posted by rick1
    u mai saboh ah tiong lah..
    they have lorries of cash... donate some to SG lah, singaporeans are poor have to pay housing instal and in the end we pay like 30% more with int.

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    The step up rubbish stanchart is offering has been around for some time. It is not 1.5% of the whole deposit
    Quote Originally Posted by radha08
    sorry i layman failed maths in sch but this what i read...

    http://www.standardchartered.com.sg/...omo/index.html

    please enlighten me if i am wrong...

  20. #20
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    Quote Originally Posted by Regulators
    The step up rubbish stanchart is offering has been around for some time. It is not 1.5% of the whole deposit
    "The average interest rate for the Contractual Tenor is 1.025% p.a. if the Account is held to Account Maturity Date."

    wouldn't be 1.5% but still safer, higher than most SGD deposit savings, & having liquidity... actually juz a little bit more.. haha

  21. #21
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    Quote Originally Posted by Regulators
    The step up rubbish stanchart is offering has been around for some time. It is not 1.5% of the whole deposit
    marketing gimmicks again.....i thought so

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    btw, got a letter from bank, sibor also up...
    Good start ..., at > 5 % sibor, maybe will c some firesale

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    Default Housing Loan Rate in China is now 7%

    Housing loan rate in China is now 7%. And you cannot easily get loan for 2nd property.
    I know SGD loan rate are mainly pegged to USD. But the world is changing. If you read the latest issue of the Edge, Shanghai stock index is leading the Western stock index by 3-6 months since 2007.
    So gradually (maybe in another 5-10 years when RMB is more globalized), SGD will be more influenced by RMB (CNY - domestic RMB, CNH - Hongkong RMB, or will there be CNS - Singapore RMB).

    Thanks,
    Richard

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    buy HPH, Cache.. or many other REITS la.. HPH shld be 8-9% based on current px

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    Do you know that the 3-month SIBOR rate shot up to an astonishing 9.5% in early 1998?
    Or that it went to a low of 0.35% sep 2011?

    loan amt=$1 million
    tenor = 25yrs

    interest rate 1.5% mthly instalment $4k
    interest rate 9% mthly instalment $8k

  26. #26
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    Quote Originally Posted by richie$$$
    Do you know that the 3-month SIBOR rate shot up to an astonishing 9.5% in early 1998?
    Or that it went to a low of 0.35% sep 2011?

    loan amt=$1 million
    tenor = 25yrs

    interest rate 1.5% mthly instalment $4k
    interest rate 9% mthly instalment $8k
    6x increase in interest rate, only 2x corresponding increase in monthly outlay... Sap sap suay la. Most owners can hold one... Rental still holding up or even on uptrend... Thanks to cm5.

  27. #27
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    Quote Originally Posted by mcmlxxvi
    6x increase in interest rate, only 2x corresponding increase in monthly outlay... Sap sap suay la. Most owners can hold one... Rental still holding up or even on uptrend... Thanks to cm5.
    Yup the bank also say thank you they can have more bonus...

  28. #28
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    teddybear is offline Global recession is coming....
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    Interest rate 5% also different to see in future, not to say 9% after all the money printing! Just too much cash floating around!

    Quote Originally Posted by richie$$$
    Do you know that the 3-month SIBOR rate shot up to an astonishing 9.5% in early 1998?
    Or that it went to a low of 0.35% sep 2011?

    loan amt=$1 million
    tenor = 25yrs

    interest rate 1.5% mthly instalment $4k
    interest rate 9% mthly instalment $8k

  29. #29
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    After the flood of liquidity has served its purpose, the U.S. will need to find a way to mop up all the excess liquidity. The debt levels in Europe and the U.S. are unsustainable in the long run. They will need to find some way of tapping on that enormous liquidity in the financial systems to reduce their debt levels.

    Quote Originally Posted by teddybear
    Interest rate 5% also different to see in future, not to say 9% after all the money printing! Just too much cash floating around!

  30. #30
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    FYI>>>>latest NTUC going to revise GROWTH plan...

    http://thefinance.sg/2012/01/06/ntuc...f-growth-plan/

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