tag:blogger.com,1999:blog-6213354074634538714.post8230631874082030325..comments2023-08-03T23:30:19.645+08:00Comments on (The) Boring Investor: SRS Exit StrategyLee Chin Waihttp://www.blogger.com/profile/10250390011842795509noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6213354074634538714.post-23978604570330649522016-05-24T23:09:56.148+08:002016-05-24T23:09:56.148+08:00Hi Lazy Plane,
Thks for the link. It validates wh...Hi Lazy Plane,<br /><br />Thks for the link. It validates what I have mentioned above. I have another post at <a href="http://boringinvestor.blogspot.sg/2014/12/maximising-benefits-from-srs.html" rel="nofollow">Maximising the Benefits from SRS</a> which shows a year-by-year analysis on the incremental benefits of contributing to SRS. It shows that even a super-investor in a lower-income group could benefit at some point in time.Lee Chin Waihttps://www.blogger.com/profile/10250390011842795509noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-66873392551592371372016-05-24T16:38:03.658+08:002016-05-24T16:38:03.658+08:00Just came across this article and it seems to fit ...Just came across this article and it seems to fit in what i thought about this issue when in 2011.<br /><br />http://forums.salary.sg/education-personal-growth/1227-supplementary-retirement-account-does-always-work-out-better-you.html#.V0QPmTV97Dc<br /><br />You gave me a different scenario analysis in the sense that you compared SRS against holding cash and deriving the same gains.<br />But i think our conclusion are similar.<br /><br />An additional point that i recently noted :<br />SRS recently has allowed equity holders to withdraw their holdings in non cash at current market valuations. In a downturn economy (during withdrawal stage), an SRS holder can withdraw a lot of his portfolio at min tax cost. Of course, it also means that his portfolio was badly hit. But if he is holding for the LT and there is recovery, he would have just further reduced his tax cost.<br /><br />Hopefully, that gives comfort to those whom are holding positions in equity now.<br /><br />Anonymoushttps://www.blogger.com/profile/02688393497669418082noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-70005377800409526462014-12-08T23:48:38.564+08:002014-12-08T23:48:38.564+08:00Thanks for highlighting this important point.Thanks for highlighting this important point.Lee Chin Waihttps://www.blogger.com/profile/10250390011842795509noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-54728260487915646482014-12-08T23:47:06.426+08:002014-12-08T23:47:06.426+08:00Hi S-Reit System Investor,
Good for you. You'...Hi S-Reit System Investor,<br /><br />Good for you. You're a lucky guy!Lee Chin Waihttps://www.blogger.com/profile/10250390011842795509noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-2787330384074626922014-12-08T10:31:32.797+08:002014-12-08T10:31:32.797+08:00Another thing to consider for the lower income gro...Another thing to consider for the lower income group is the SRS fees. Just considering DBS's account. There's a $2 charge per counter per quarter. They could introduce more fees anytime and your money is stuck there (subject to withdrawal penalty). So might as well pay the $200. (There's also tax reliefs, so the net tax paid would be less).owqhttps://www.blogger.com/profile/17428568773891044986noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-44903054727965544902014-12-08T05:12:36.329+08:002014-12-08T05:12:36.329+08:00Hi Chin Wai,
Thanks for the sharing. I like SRS ...Hi Chin Wai, <br /><br />Thanks for the sharing. I like SRS because my company matches 50% of my contribution up to a certain limit. <br /><br />I see it as an immediate 50% gain. Even if I need to draw out and pay a penalty, I figure the net outcome will still be a gain for me. <br /><br />It's a winning situation with no downside. SShttps://www.blogger.com/profile/05793020624721538791noreply@blogger.com