Fixed Deposit has been gradually dropping...

[Ronin881]

With the on going war, oil crisis, etc etc..
Will fixed deposit spiral downwards even more???
Will dividends you buy drop?

Yes, more pple will buy gold to keep.

For dividends, it depends on the company.

Defence companies will huat!

 

[Lchlch]

Yes, more pple will buy gold to keep.

For dividends, it depends on the company.

Defence companies will huat!

Scary as I need dividends to retirement.

 

[jq75]

now fd rates all time low

 

[dotarian007]

got wat good lobangs to share?

 

[Lchlch]

now fd rates all time low

Yeah, hope not drop any more..

 

[Ronin881]

got wat good lobangs to share?

None are so blind as those who would not see!

 

[d3n]

With falling rates everywhere, currently Sing Finance looks like the best @ 1.3% for its Go Savers account. No need to jump any hoops

GXS 1.3% rate is only for its Boost Pockets aka FD

CIMB also 1.3%
https://www.cimb.com.sg/en/personal...WLv98yfUUnjCJBWhrcKXvcofcbYTGWAwaAqY6EALw_wcB

 

[yuzu28]

CIMB also 1.3%
https://www.cimb.com.sg/en/personal...WLv98yfUUnjCJBWhrcKXvcofcbYTGWAwaAqY6EALw_wcB

Then put tbill, ssb la. Similar rate, wont toh.

 

[d3n]

Then put tbill, ssb la. Similar rate, wont toh.

bank also wun toh ah.

 

[yuzu28]

bank also wun toh ah.

Dbs ocbc uob i trust la, at least not in my life.
Cimb that kind... i scared... play play can la, dun put too much money inside.

 

[d3n]

Dbs ocbc uob i trust la, at least not in my life.
Cimb that kind... i scared... play play can la, dun put too much money inside.

ok lah they been around for quite sometime already, MAS regulated also and with SDIC insured (up to $100k).

their fast saver interest used to be the best.

 

[muji4832]

Don't worry peeps, it will go up soon.

 

[sporeknight76]

With falling rates everywhere, currently Sing Finance looks like the best @ 1.3% for its Go Savers account. No need to jump any hoops

GXS 1.3% rate is only for its Boost Pockets aka FD

Wow, u know yr stiffs . Smart. But I do put in Chocolate Fin too. Slight better.

 

[d3n]

Wow, u know yr stiffs . Smart. But I do put in Chocolate Fin too. Slight better.

actually chocolate fin sounds more dangerous... last time there were rumors they folding down when they stop doing instant withdrawals

 

[Visor9999]

Don't worry peeps, it will go up soon.

Hopefully fed will hike rates so fix d rates go up

 

[hmyoth]

Dbs ocbc uob i trust la, at least not in my life.
Cimb that kind... i scared... play play can la, dun put too much money inside.

Same like my sis, she only believes in SG 3 bank. Anything else she will tell not safe will toh even though I tell her put less than 100k is ok.

 

[iPod Jack]

If u want safe bank deposits, best is still ocbc 360 acct

$100k max deposit
2% annual interest
2 simple requirement - salary credit & monthly $500 increment from previous mth

earn $175 easily mthly... of course last time even higher @ 3.5%

 

[Lchlch]

Don't worry peeps, it will go up soon.

I believe you.

 

[Lchlch]

If u want safe bank deposits, best is still ocbc 360 acct

$100k max deposit
2% annual interest
2 simple requirement - salary credit & monthly $500 increment from previous mth

earn $175 easily mthly... of course last time even higher @ 3.5%

Something like save as you earn.