Fixed Deposit has been gradually dropping...

[Lchlch]

so low
better show hand to CPF. higher interest...lol

Bro problem is between 55 to 65....10 yr window period. Need monthly interest or dividend yo survive.

 

[Lchlch]

only going down. more rate cuts coming leh

Hope it really stop...

 

[Lchlch]

auto renew and notified via mobile sms

Auto renew rate is extremely low , as low as 0. something %.

 

[TLCTLC88]

Alright bro...

Confirmed 1.4% 6months at SING Finance

 

[Lchlch]

Confirmed 1.4% 6months at SING Finance

Boc 1.4% for 3 months.

 

[Starabby]

Auto renew rate is extremely low , as low as 0. something %.

I went counter to ask and the staff said either auto renew or renew in person same same 1.1%

 

[Lchlch]

I went counter to ask and the staff said either auto renew or renew in person same same 1.1%

Oic..u need to check with them if using mobile app, rate might be higher.

Many old people how to use apps?
Likely they stick to lesd than 1% of interest rate.

 

[white_prince]

just notified by ICBC the FD rate is 1.1%

If put 1M got 2.5K for 3 months

 

[TLCTLC88]

Boc 1.4% for 3 months.

This one needs mobile banking or have savings account if I'm not wrong

 

[audiovideo]

looks like want higher passive income left Sreits but not sure capital got risk boh

 

[audiovideo]

used to park money at box but ever since CCP misbehave and fund rushing out, I also moved money elsewhere

 

[Starabby]

Oic..u need to check with them if using mobile app, rate might be higher.

Many old people how to use apps?
Likely they stick to lesd than 1% of interest rate.

the mobile app mean you need to place 2k in the saving account and within one year no movement for your 2k they will impose penalty.

 

[beano]

Nobody do bigfundr? 4.8%

 

[coolmyth]

My T-bills maturing next week.

Any recommendations where to park this money next?

 

[wutawa]

My T-bills maturing next week.

Any recommendations where to park this money next?

all my money in Mari invest income

 

[ramlee]

My T-bills maturing next week.

Any recommendations where to park this money next?

Buy dbs shares ba

 

[iPod Jack]

looks like want higher passive income left Sreits but not sure capital got risk boh

Then buy s reits etf, more diversified to spread the risk

annual dividend yield ard 5-6%, will receive mine next feb

Buy equities confirm need to stomach some risk, key is diversification

...

placing fd for 1% is meaningless now, inflation at even modest 2-3% will eat away ur savings

gone r the days when u can earn $400-500 per mth just by leaving a six figure sum in a high yield savings acct

 

[mynickname]

gone r the days when u can earn $400-500 per mth just by leaving a six figure sum in a high yield savings acct

Weren't those the days inflation was more than 2-3%

 

[party.sta]

Nobody do bigfundr? 4.8%

Any idea what the instrument that it invest in to give that return

 

[Lchlch]

the mobile app mean you need to place 2k in the saving account and within one year no movement for your 2k they will impose penalty.

The only way to earn abit more especially the amount is huge