Do you invest in any of these?
I do have SSB and got 1 set maturing in 5 years time
also now that interest rate is high, i also chiong treasury bond on a 6 month cycle, to lower my tax, i dump some $ into SRS and buy treasury bond from there to earn interest
Recently started to bid for tbill. Tried the 1yr issuance but didn't get. Waiting to see how the 6M one turns out.
SSB is locked 10yrs? Consider mid/long term?
T-bills yield r dropping...
Quote from: Shiori on Feb 02, 2024, 07:19 AMT-bills yield r dropping...
did you apply for current issuance?
Quote from: PP the FORTUNE God on Feb 14, 2024, 03:58 PMdid you apply for current issuance?
i applied during jan issuance
Quote from: Shiori on Feb 15, 2024, 06:30 AMi applied during jan issuance
You all in?
What's your strategy? How would you advice someone who has limited financial knowledge on investment?
T Bill and SSB are very safe investments
u can buy with ur free fund if dun need liquidity in next 6 month
if u need liquidity, then go SSB, the turn over is 30 days
dont put in $ that will cause u to be in financial distress with < 30 days
i do have some funds for safe investments
any recommendations?
Quote from: daryl76 on Mar 11, 2024, 11:58 AMi do have some funds for safe investments
any recommendations?
Apart from T-bills and SSB, if you don't need your funds within 2 years, can consider GE single premium that pays 3.5% p.a. for 2 years, as part of diversification.
https://www.greateasternlife.com/sg/en/personal-insurance/our-products/wealth-accumulation/great-sp.html
Quote from: bigrooster on Mar 11, 2024, 12:47 PMApart from T-bills and SSB, if you don't need your funds within 2 years, can consider GE single premium that pays 3.5% p.a. for 2 years, as part of diversification.
https://www.greateasternlife.com/sg/en/personal-insurance/our-products/wealth-accumulation/great-sp.html
this GE product suspended.