so far 32% will not be taking SSB
for those not interested in SSB, what changes do they have to make to attract u in?
h returns with 1.55% p.a. interest on 11-month SGD Time Deposit now.
First year must match or better the above. IMHO
so far 32% will not be taking SSB
for those not interested in SSB, what changes do they have to make to attract u in?
I like SSB a lot, I am currently 80% vested in stocks... so gonna put my 20% into SSB and corporate bonds
if bear bear comes and stocks fall 20-30%, can take out SSB and buy cheap blue chips
is this a good idea?
How do you take out in time to buy the stock cheap cheap if SSB needs 1 mth before you can get back the fund?
heard that you only own a portion of the bond, not the whole bond itself, so not attractive to me, and bank fees may come in too. correct me if im wrong
also, unless you plan to put minimum 50k on this, the yield is low and pointless to some extent.
heard that you only own a portion of the bond, not the whole bond itself, so not attractive to me, and bank fees may come in too. correct me if im wrong
also, unless you plan to put minimum 50k on this, the yield is low and pointless to some extent.
$500 X 2% = $10 ; subtract $2 for bank fee, left $8
$5000 X 2% = $100
$50000 X 2% = $1000
enough said
heard that you only own a portion of the bond, not the whole bond itself, so not attractive to me, and bank fees may come in too. correct me if im wrong
also, unless you plan to put minimum 50k on this, the yield is low and pointless to some extent.
I just dislike the way SSB is structured. Unless the yield is higher than 10 years SGS bond, I wouldn't hold it. Prefer longer dated SGS bond
your display pic, very hurtful to eyes sia
I am comparing SSB yield with OCBC 360 interest rate.
If one is able to hit the criteria of e.g. 1.75% interest rate for OCBC 360, you need to invest how many years in SSB to achieve the same interest rate.
Invest money in SSB or putting in OCBC 360 also does not incur any capital losses.
Apart from that, OCBC 360 Savings has more flexibility to withdraw the money any time as compared to SSB which requires 1 month period.
True.. i think alot of people have already maxed out their ocbc360 cap and SSB provides a nice avenue for them to diversify