Fixed Deposit has been gradually dropping...

[kuti-kuti]

Recession coming already you still fd? US market is losing funds now, every big whales are pulling out now.

Spare money can affort to put in fd earn at least some cash.

 

[ramlee]

so besides FD is SSB?

And CSB

 

[Ronaldo88]

uob one acc

 

[ramlee]

Already near retirement..this one is out for me.

Retirement? But you said you will work until uplorry to sarpork your chewren

 

[ramlee]

uob one acc

But this one ish spend $500 to earn $500 interest wor

 

[Ronaldo88]

But this one ish spend $500 to earn $500 interest wor

easy to achieve leh..

 

[ramlee]

forget also need this bro b4 can buy.
Note:

• You will need an individual CDP account (for cash applications) or an SRS account (for SRS applications).
• CPF funds are not eligible.

He ish boomer so can withdraw from cpf account to cash to buy

 

[0nePunchm@n]

He ish boomer so can withdraw from cpf account to cash to buy

oh? my bad, no idea bro

 

[0nePunchm@n]

so besides FD is SSB?

yup safest investment, can sleep well at night

 

[SkyAmryBoi]

Bro, 10 years too long.
i prefer short term like monthly or quarterly basis.

For bond, you can sell in open market. Singapore saving bond and also redeeming at end of every month.

 

[Lchlch]

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

My jhk colleague told me he can tender any time cos he put all his money, closed cpf, his wife too, convert to myr about mrt$3 mio.
Monthly fd about myr$10k.

 

[Lchlch]

Retirement? But you said you will work until uplorry to sarpork your chewren

Yes, I hope can work as long as possible...

 

[Ronaldo88]

knn uob one drop again

 

[New_Account]

Heng me already buyed ssb last year

 

[Travis_Touchdown]

Jialet...
Very worrying seeing every month reduce...
Will fd hit less than 2%?

before covid times interest notch even 2%...

 

[~sabaisabai~]

before covid times interest notch even 2%...

Yes. Correct

 

[Lchlch]

Boc 3 months 2.4%...

 

[ramlee]

Boc 3 months 2.4%...

Oh nose. What should we do nao?

 

[hip_programs]

with mas easing monetary policy usd to sgd is expected to rise right?
yahoo finance says dropping by 0.25%, anything not logical?

 

[dnsfpl]

maybank app 2.8%

cos every 20k need to lock 2k in non fd account