Fixed Deposits, Singapore Savings Bonds etc

[default]

Do you invest in any of these?

[mGx-Alander]

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

[氰化钾 KCN]

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?

[Shiori]

T-bills yield r dropping...

[氰化钾 KCN]

T-bills yield r dropping...

did you apply for current issuance?

[Shiori]

did you apply for current issuance?

i applied during jan issuance

[氰化钾 KCN]

i applied during jan issuance

You all in?
What's your strategy? How would you advice someone who has limited financial knowledge on investment?

[mGx-Alander]

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

[daryl76]

i do have some funds for safe investments

any recommendations?

[bigrooster]

i 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