Fixed Deposit has been gradually dropping...

[sporeknight76]

All my savings in saveplus but I tink the return is around 2.3% bah

Is not capital protected rite? Is a investment

 

[moonlighter_sg]

maybe to near 0%...

if really near 0%, s-reits can huat big big...

 

[wutawa]

Is not capital protected rite? Is a investment

Saveplus capital not protected, yield not guaranteed
Whereas FD int guaranteed, up to $100k covered under sdic

 

[HushiePuppies]

Fixed Deposit product itself is a problem by design.

you are putting capital in a product which gives you money with no inherent risk due to capital protection. This means someone have to cover the loss if something happen while trying to earn interest.

So of course bank won't give high interest. expecting high interest from FD is like expecting gahmen give us cash every month without raising taxes. bo ko leng one.

 

[Roadster01]

FED will be cutting rates at some point in time.

FD rates more likely fall below 2% within the next 1-2 years.

moi is staring at moi crystal ball now! Just need be sure moi crystal ball is securely plugged into the wall socket.

 

[Lchlch]

checked with one of the bank, 1.85%!!!!!!!!!!!!!

 

[Linguist]

better dont bro.. if up n up that means inflation also up.. our hawker food will up even more than fd.

In sg price always up even if world trade price is down. Look at electricity, water n oil.

Kym?

 

[iPod Jack]

Have oredi taken large amt out from FD and ocbc 360

FD now all below 2%

ocbc can still yield 3% up to $100k with just salary credit and mthly $500 growth

Park a substantial sum in ssb, yielding a measly 2.2%... at least slightly better than FDs, which will drop further

also considering s-reits, which yields 4-6%... but not guranteed and got risks to capital

 

[Ronin881]

So of course bank won't give high interest. expecting high interest from FD is like expecting gahmen give us cash every month without raising taxes. bo ko leng one.

With the exception of the CPF.

2.5% and 4%.

Especially for the seniors.

 

[hachi]

Have oredi taken large amt out from FD and ocbc 360

FD now all below 2%

ocbc can still yield 3% up to $100k with just salary credit and mthly $500 growth

Park a substantial sum in ssb, yielding a measly 2.2%... at least slightly better than FDs, which will drop further

also considering s-reits, which yields 4-6%... but not guranteed and got risks to capital

Move my fund to OCBC 360 and did a fund lock.

 

[FlyGuardX]

no one mention chocolate finance?

 

[cosmothecat]

Fixed Deposit product itself is a problem by design.

you are putting capital in a product which gives you money with no inherent risk due to capital protection. This means someone have to cover the loss if something happen while trying to earn interest.

So of course bank won't give high interest. expecting high interest from FD is like expecting gahmen give us cash every month without raising taxes. bo ko leng one.

Got what, CPF SA is 4% pa

 

[ramlee]

That is terrible.
Probably elderly who placed f ds might earning interest chop by half by now.
Col is rising.
Fd interest is spiraling downwards..

But we have cdc vouchers, so all is not lost

 

[ramlee]

Time to buy SGX stocks

Buy ST Engg ba

 

[ramlee]

Got what, CPF SA is 4% pa

You steel have SA meh?

 

[homer123]

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

Better take some risk before inflation eat you alive

 

[ramlee]

With the exception of the CPF.

2.5% and 4%.

Especially for the seniors.

This is made possible by the capable leedeeship of pap

 

[cosmothecat]

You steel have SA meh?

RA, also 4%

I am talking in general that most Singaporean benefited from the SA 4% interest

 

[white_prince]

Maybank branches are still overwhelming

 

[cosmothecat]

This is made possible by the capable leedeeship of pap

PAP is the best