Fixed Deposit has been gradually dropping...

[Lchlch]

I

Before change is what?

think is singapoura something..
tomorrow I go take a look.

 

[wutawa]

From last year onwards, it has been dropping to a low of 2 5%...
When will it rises?

2.5% is still high to me. I don't have FD though.

 

[Lchlch]

2.5% is still high to me. I don't have FD though.

It going to drop some more….

 

[Eatsleepeatsleep]

Applying to BOC but no response yet. If not will put into SBS instead

 

[wutawa]

Applying to BOC but no response yet. If not will put into SBS instead

Did u buy sbs before the Feb hike (+20%)?

 

[ceestudent]

why never subscribe to SSB 1-2 month ago? 2.97% for 10 years is good mah. Can take out anytime and get prorated interest, better than FD.

 

[Ronaldo88]

heng got 3-4% ..nt fd..put cpf lo

 

[ctan84]

hanor, it has been 1.5% range
the recent elevated high interest rate is due to covid and to curb the inflation
ppl still thinking of forever high interest rate

But I doubt it will sink back to pre-covid lows. Should hover btw 1.9-2% for quite some time down the road.

 

[ctan84]

why never subscribe to SSB 1-2 month ago? 2.97% for 10 years is good mah. Can take out anytime and get prorated interest, better than FD.

Current ssb offering not bad what. 2.73% first year and 2.85% average for 10 years. Better rate than FD and no need to worry search for better interest after few months
https://www.mas.gov.sg/bonds-and-bi...ond?issue_code=GX25040F&issue_date=2025-04-01

Halo you outdated liao. This batch of SSB you quoted application closed and results out last week liao lah.

 

[mcylo]

Bro that’s nice.
to have passive income for emergency use in future.

These are for the future. So I am building up a nest for it. my personal goal is to have 20k passive income yearly, now I only get around 10k yearly

 

[Lchlch]

These are for the future. So I am building up a nest for it. my personal goal is to have 20k passive income yearly, now I only get around 10k yearly

Great bro...

 

[~sabaisabai~]

heng got 3-4% ..nt fd..put cpf lo

cpf is another instrument and not liquidity, so therefore cpf is out! cpf is not a bank
TS is talking about FD

 

[ceestudent]

Halo you outdated liao. This batch of SSB you quoted application closed and results out last week liao lah.

Oops sorry. Didn't see the date.

 

[lanzhu60]

heng got 3-4% ..nt fd..put cpf lo

lol u got to b joking

 

[~sabaisabai~]

lol u got to b joking

i think he is still dreaming in his lalaland

 

[lanzhu60]

i think he is still dreaming in his lalaland

no wonder edmw kp calling out recession while property owners tua huat.

 

[PikaPika33]

fd is a terribe way of investing
sure better than basic saving acc but still

anyway it used to be alot.lower constantly
recently than up again

now back to nrom ba

 

[haiyata]

so besides FD is SSB?

 

[ramlee]

Every month keep dropping...sad!

下就下，沒有辦法的