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Old 15-09-2018, 11:59 AM   #2266
LexusIS
Senior Member
 
Join Date: May 2008
Posts: 656
yes. agree that age and stage of life is key consideration. i was obssessed with fd rates in the past, not daring to venture beyond it in terms of investment even when i was younger. the whole point of my rant is that for people with lesser than 200k to park, the SSB is the only place to do it (100K each with spouse),...use FD only when waiting for chance to park into SSB..it takes care of liquidity, give good rates and is safe. no fd comes close. for those with more money than that, get yourself accredited and access higher yielding instruments (no stocks, no structured instruments) with not much increase in risk. do not be like me who just chase FD in the past nia. ....lucky something click inside my brain the last 2 weeks and now smarter liao..
Can consider Maxigain which is good. So while those highly rated bonds are good, do take care that bonds are inversely related to interest rates. As interest goes up it might impact bond prices
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