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Friday, August 22, 2008

Sure beat FD

In continuation to Another FD Beater, I went on to inquire about the historical performance of the previous tranches and this is what I got as a summary:-

a) There have been 4 tranches of "5 year term" plans so far and the average yields have been 3.17% p.a;

b) There have been 2 tranches of "7 year term" plans so far and the average yields have been 3.83% p.a;

c) There have been 7 tranches of "10 year term" plans so far and the average yields have been 5.13% p.a;

As such, the latest projection of 3.21% p.a in the promotional-period "5 year term" tranche is likely within reach of 3% p.a to 3.15% p.a.

I'll be touching on this in my "We Talk We Share" session on 30Aug2008, 1.30pm @ 3, Shan Road.
See http://www.waynekoh.com/2008/08/we-talk-we-share-aug-sept08.html

Email Amos or Wayne to register

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