FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post
Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer


Latest topics

» MELSTACORP PLC (MELS.N0000)
by engineer Today at 7:29 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by ONTHEMONEY Today at 6:39 am

» ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)
by dayandacool Today at 2:43 am

» R I L PROPERTY PLC (RIL.N0000)
by SAGA Yesterday at 9:57 pm

» Dividend - July/August
by High-flyer Yesterday at 9:41 pm

» SOFTLOGIC CAPITAL PLC (SCAP.N0000)
by madukp Yesterday at 9:08 pm

» Daily Foreign Transactions update
by Pradeep90 Yesterday at 9:08 pm

» Directors' Dealings 21/06/2021
by SAGA Yesterday at 8:25 pm

» CHEVRON LUBRICANTS LANKA PLC (LLUB.N0000)
by rukshan1234 Yesterday at 8:14 pm

» Top Foreign Trading today - 21/06/2021
by SAGA Yesterday at 8:02 pm

» Crypto , Digital Currency Trading , Forex
by RJ1010 Yesterday at 1:58 pm

» ACCESS ENGINEERING PLC (AEL.N0000)
by engineer Yesterday at 7:07 am

» Investing in Sri Lanka in ‘The New Normal’ - Nimal Perera
by ChooBoy Sun Jun 20, 2021 10:31 pm

» Who will be the Owner of Dividend after DVP?
by Mr. X Sun Jun 20, 2021 6:12 pm

» DVP යනු කුමක්ද? Explained
by samaritan Sun Jun 20, 2021 1:23 pm

» How to toggle between mobile and web versions of FC
by CHRONICLE™ Sun Jun 20, 2021 10:36 am

» I have 5 Million Cash To Invest in CSE
by chandike73 Sun Jun 20, 2021 8:42 am

» අයියෝ පෑන් ඒෂියා
by CHRONICLE™ Sun Jun 20, 2021 12:40 am

» කොටස් වෙළදපොල සිංහලෙන්
by CHRONICLE™ Sun Jun 20, 2021 12:35 am

» I keep seeing in the face book about the stock market but I still have no idea it is. Do you know? Stock market for beginners
by Asoka Samarakone Sat Jun 19, 2021 9:40 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » PB asks pensioners to invest in capital market

PB asks pensioners to invest in capital market

Go down  Message [Page 1 of 1]

SHARK aka TAH

SHARK aka TAH
Expert
Expert
By Dilina Kulathunga
The country’s Treasury Secretary yesterday asked the pensioners who live on interest received on fixed deposits to invest their money in the stock market as going forward, further lowering of interest rates is inevitable.

According to Dr. P.B Jayasundera, country’s burgeoning capital market offers an attractive investment alternative for those suffering from lower interest rates on their
bank savings.

"We can already see some concern over low interest rates by those who live on interest income from traditional savings for which the capital market could provide alternative opportunities"


“We can already see some concern over low interest rates by those who live on interest income from traditional savings for which the capital market could provide alternative opportunities,” said

Dr. Jayasundera addressing Sri Lanka’s first post-war international capital market conference.
In Sri Lanka, a large number of retirees live on interest received, having put all their retirement benefits in bank fixed deposits, as they consider banks offer them a safer option to any other investments out in the market.

However, with the Central Bank lowering their key policy rates to multi-year lows in recent times, commercial banks have reduced their deposit rates at a faster pace than the lending rates, leaving pensioners highly vulnerable.

According to recent Central Bank data, Sri Lanka’s one year fixed deposit rate has dropped to 8.18 percent by end August from 12.82 percent a year ago.
It was only recently the Central Bank Governor Ajith Nivard Cabraal asked pensioners to put their moneys into business startups and also to stat new ventures with their retirement benefits, a proposition which led to debates given the appropriateness of the suggestion, given the ability to take such high risks by them.

According to professional fund managers, when providing investment advisory to the retirees, they are usually advised to invest their savings in fixed income securities as they are unable to take risks when they grow older.

However, Dr. Jayasundera said although money interest rates are low, the real rate of interest is higher due to low inflation prevailing but told this theory is hard to sell.
“Economic theory of course argues that, the real rate of interest is what matters. This is hard to sell until money illusion disappears, that is the tendency of the people to think of currency in nominal or the face value terms rather than in real terms or in terms of purchasing power,” he explained.
When an economy moves into an advanced status it is natural that the nominal interest rates trend downwards.

SHARK aka TAH

SHARK aka TAH
Expert
Expert
How to convince the pensioners now...... Market is already HIGH

SHARK aka TAH

SHARK aka TAH
Expert
Expert
Dividend Payout/Yield is very LOW ....

SHARK aka TAH

SHARK aka TAH
Expert
Expert
How to sell this theory to poor pensioners ....

SHARK aka TAH

SHARK aka TAH
Expert
Expert
Vishramikayamge thuttu dekatath kelinnai handanne Shocked

VALUEPICK

VALUEPICK
Expert
Expert
They should consult intelligent investment advisors and their portfolio should consist with regular dividend paying stocks. They also should consider about value stocks and good business models. We are also kind of pensioners.

Lalindra

Lalindra
Manager - Equity Analytics
Manager - Equity Analytics
By the time the pensioners make their money in the stock market they will be dead and only their inheritors will be able to spend that money. PBJ does not know the struggle the man on the street does to make a living.

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
pensioners who live on interest received on fixed deposits to invest their money in the stock market .

I am saying to pensioners buy fundamentally strong and good dividend paying companies such as


DIST
SAMP
HNB
NTB
CDB
LFIN
COMB
VFIN




Dont go behind bad stock such as

GREG
BLUE
PCH
ATL
CFT
CLPL
EMER
MEL
LCEM
PCP
PCHH

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Another fundamentally strong and good dividend paying companies such as

DFCC
NDB
PLC
TKYO

SHARK aka TAH

SHARK aka TAH
Expert
Expert
harry Boy.... you are asking them to invest in shares already made significant capital gains Very Happy
pensioners will tell bring the market down for them to invest ..... Rolling Eyes

will this make current ASI drop few 100 s points below 7000 in months to come.

SHARK aka TAH

SHARK aka TAH
Expert
Expert
@Lalindra wrote:By the time the pensioners make their money in the stock market they will be dead and only their inheritors will be able to spend that money. PBJ does not know the struggle the man on the street does to make a living.
+Rep masurang kiyung Lali boy Very Happy

IO3+O


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@SHARK aka TAH wrote:How to convince the pensioners now...... Market is already HIGH PB asks pensioners to invest in capital market  Ahtung11
@SHARK aka TAH wrote:How to sell this theory to poor pensioners .... PB asks pensioners to invest in capital market  Ext_wh10
@SHARK aka TAH wrote:Vishramikayamge thuttu dekatath kelinnai handanne Shocked  PB asks pensioners to invest in capital market  Icon_g10  PB asks pensioners to invest in capital market  Ges_ye11
පාඩු ලබා, ලාභ බෙදන, පුදුම හිතෙන "ඇන්ඩ්-කොම්පැනි"යෙ වැඩ තමයි. රුසියාවෙත් එහෙම තමයි කියපු කෙනාගෙ ආර්ථික ඝාතක කතන්දරේ හරිද මන්දා... PB asks pensioners to invest in capital market  Ext_sp10

fff4sl

fff4sl
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Well said Lalindra...

Milindaperera

Milindaperera
Senior Equity Analytic
Senior Equity Analytic
PB is living in a dream with MR. Who`s gonna educate poor pensioners and will PB take the blame for a crash could be occur due to speculation by big shots like Dilith and other buggers in the regime.

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum