Does it make sense to put savings in Singapore saving bonds or t-bills instead having a bank account?

[jasvonvios]

Thought the SA will be first taken away by RA?

Cannot transfer OA to SA?

I already had FRS in RA. Above 55, u can't transfer OA to SA but u can top RA with cash to reduce tax.

 

[ishtarsg]

SSB at least you can sell this month next month get back money and less risky. Also half yearly got dividends.
I think it is way better then those multiplier account .

 

[LoUsyGamER]

I already had FRS in RA. Above 55, u can't transfer OA to SA but u can top RA with cash to reduce tax.

At least still got 2.5%.

 

[LoUsyGamER]

five letters


CPF SA




thank me 65-<your age> years later

Still got many many many years. By then, don't know the scam got much more sophisticated or not.

 

[LoUsyGamER]

SSB at least you can sell this month next month get back money and less risky. Also half yearly got dividends.
I think it is way better then those multiplier account .

Ya. I was think ssb + no minimum sum bank account for paying bills.

The rest investment account. Haha

 

[Perisher]

it's a safer option. leave only $2-4k for daily/monthly expenses.
The rest put it somewhere hard to take out...

 

[It's_Not_Me]

Bitcoin.......Will either huat big big or

 

[beta93]

After the local bank incidents, it feels keeping money with government is better. While keeping the savings liquid enough, feels like putting savings in saving bonds and/or t-bills are good. Given that the bank interest rate is not that high and extra money go for higher risk products.

Bank account without minimum balance can be used to keep some small change to pay the bills.

its not bad but ETF best, can sell anytime on trading days and get back cash in a few trading days I think. Or if you smart, you can pick your own stocks

 

[LoUsyGamER]

its not bad but ETF best, can sell anytime on trading days and get back cash in a few trading days I think. Or if you smart, you can pick your own stocks

Ya, got some etf and other complex products in investment. Need somewhere safe and low risk for savings

 

[beta93]

Ya, got some etf and other complex products in investment. Need somewhere safe and low risk for savings

etf quite low risk already, buy corporate bonds or bond etf? not sure if they available on brokers or not, ssb still need 1 month to take back cash right, that's very long

 

[win_man]

I keep my emergency cash in SSB at 1.43%

 

[EdenHazard]

Neither makes sense. Should buy $BABA

 

[zzangiefzz]

then llst hold cash liao. legit

u buy bonds now yields rise, your bond depreciate in value on secondary markets. u sell become realized loss
ppl buy bonds is to lock in rates. because everything also negative yield, question is which is the least painful lor

smart ans, so far how much did u lose in bond

 

[demon0192]

no, crypto earn stablecoin lending around 12% wor

 

[slashershot]

smart ans, so far how much did u lose in bond

0. imagine buying bonds when the fed already telegraph rate hikes

 

[Esteee]

Please buy the bonds, we need more people like you.

 

[Angmoh_TuaKi]

I put all in cpf, sleep soundly every night! When come to money, trust PAP!

Return of capital 0 - counterparty default