Singapore Savings Bonds

[hwckhs]

Projection by https://www.ilovessb.com/projection/SBJUL23 , as of 22/5/2023:

SBJUL23

Year from issue date	1	2	3	4	5	6	7	8	9	10
Interest %	2.73	2.73	2.73	2.74	2.74	2.74	2.75	2.77	2.83	2.92
Average return per year %	2.73	2.73	2.73	2.73	2.73	2.73	2.74	2.74	2.75	2.76

 

[sohguanh]

Projection by https://www.ilovessb.com/projection/SBJUL23 , as of 22/5/2023:

SBJUL23

Year from issue date	1	2	3	4	5	6	7	8	9	10
Interest %	2.73	2.73	2.73	2.74	2.74	2.74	2.75	2.77	2.83	2.92
Average return per year %	2.73	2.73	2.73	2.73	2.73	2.73	2.74	2.74	2.75	2.76

Just to chip in my view. The SSB seem to be trending downwards so readers looking elsewhere for more "stable" can consider a 10 year long term participating endowment insurance plan. It is not apple to apple comparison I do agree as in cannot redeem as and when you like and no monies get every 6 months etc etc. But if you intend to hold for the full 10 years, then it is close. Look for the guaranteed monies of the plan at 10th year and then "gamble" with their RB, TB they give some may just beat SSB at the 10th year and at the same time get a small little protection in death and terminal illness.

I am not selling but just offer alternative as I do hold SSB too. Just feel the trend is downwards so decide to allocate a small portion to another instrument instead. Why 10 years endowment is becuz SSB is 10 years so I want to compare.

 

[vsvs24]

Just to chip in my view. The SSB seem to be trending downwards so readers looking elsewhere for more "stable" can consider a 10 year long term participating endowment insurance plan. It is not apple to apple comparison I do agree as in cannot redeem as and when you like and no monies get every 6 months etc etc. But if you intend to hold for the full 10 years, then it is close. Look for the guaranteed monies of the plan at 10th year and then "gamble" with their RB, TB they give some may just beat SSB at the 10th year and at the same time get a small little protection in death and terminal illness.

I am not selling but just offer alternative as I do hold SSB too. Just feel the trend is downwards so decide to allocate a small portion to another instrument instead. Why 10 years endowment is becuz SSB is 10 years so I want to compare.

10 years cannot withdraw too long.

Life is unpredictable. Can't be sure what is ahead. Retrenchment because of recession or whatever ...

If amount is small, the difference is not a lot why lose the liquidity

 

[sohguanh]

10 years cannot withdraw too long.

Life is unpredictable. Can't be sure what is ahead. Retrenchment because of recession or whatever ...

If amount is small, the difference is not a lot why lose the liquidity

In my very first paragraph I highlighted it is not apple to apple comparison. If you can accept the differences then you proceed. My investment experience over the years has taught me diversification is always beneficial. Why only stick to one investment instrument? Furthermore, I do have SSB too. I feel with X dollars I want it to be in many many instruments if possible so I am always on the look out for new investment instruments.

 

[BBCWatcher]

My investment experience over the years has taught me diversification is always beneficial.

OK, but that combination (Singapore Savings Bonds and a Singapore dollar 10 year endowment plan) wouldn't provide a lot of diversification. They're different, but they also have a great deal in common in terms of investment risks.

 

[TehSi99]

In my very first paragraph I highlighted it is not apple to apple comparison. If you can accept the differences then you proceed. My investment experience over the years has taught me diversification is always beneficial. Why only stick to one investment instrument? Furthermore, I do have SSB too. I feel with X dollars I want it to be in many many instruments if possible so I am always on the look out for new investment instruments.

For layman like me, diversification is best strategy.
Deep research and analysis is really a skill. Stock picking and being successful is tough.

 

[sohguanh]

For layman like me, diversification is best strategy.
Deep research and analysis is really a skill. Stock picking and being successful is tough.

You see I only start to get active in stock investment when I am near to age 55 for which I don't want to work anymore. So now in advance I learn a bit on stock picking. Actually if you are not a trader you don't need to do very in-depth chart analysis etc either. I pick stock based on my everyday interaction with the stock products and services. E.g in my line of work MSFT is everywhere even more so in govt civil service. Same for GOOGL, AMZN for their cloud services etc. AAPL for their products. You can't go wrong with these giants but of cuz we all know giants of today can become dwarf of tomorrow and that is why never all in on any investment instruments.

For layman, either choose ETF, mutual fund which is a basket of stocks will do. There are contra,cfd,options,forex etc much more riskier investment instruments for which I don't touch just read about them. Coupled these with bank FD, T-bill, SSB, endowment insurance, high yield savings account (no need play game that kind), money market funds, REIT etc and I think should be pretty ok.

 

[Uacesg]

Hi all, if a person oversubscribed more than the SSB limit, will the subscribed amount be entirely rejected or just the excess will be refunded? Thanks

 

[rrr2015]

In my very first paragraph I highlighted it is not apple to apple comparison. If you can accept the differences then you proceed. My investment experience over the years has taught me diversification is always beneficial. Why only stick to one investment instrument? Furthermore, I do have SSB too. I feel with X dollars I want it to be in many many instruments if possible so I am always on the look out for new investment instruments.

diversification required only for high/med volatility/risks instruments. if roi similar, only difference between SSB & endowment is liquidity or extra insurance.

also can u pls don't bring discussion on your stock trading / investment into SSB discussion? TQ!

 

[zeroX26]

Hi all, if a person oversubscribed more than the SSB limit, will the subscribed amount be entirely rejected or just the excess will be refunded? Thanks

Excess refunded. Happened once to me.

 

[bluerail]

10 years cannot withdraw too long.

Life is unpredictable. Can't be sure what is ahead. Retrenchment because of recession or whatever ...

If amount is small, the difference is not a lot why lose the liquidity

There are some endowment plans that offer the flexibility of a partial withdrawal.

OK, but that combination (Singapore Savings Bonds and a Singapore dollar 10 year endowment plan) wouldn't provide a lot of diversification. They're different, but they also have a great deal in common in terms of investment risks.

While it is true that the investment classes are mostly overlapping, endowment plans usually offer more stable returns every year, depending on the insurer and as specified in the product summary, so you take on some counterparty risk instead of investment risk.

Hi all, if a person oversubscribed more than the SSB limit, will the subscribed amount be entirely rejected or just the excess will be refunded? Thanks

Your excess will be refunded

 

[sohguanh]

There are some endowment plans that offer the flexibility of a partial withdrawal.

I have done some search in this area while the idea sounds nice but the impact as in the monies guaranteed at maturity can take a hit (depend on the plan you are looking at). I put myself in the shoes of the insurer giving customers this flexibility means on their end their hands are more tied-up to go for longer terms fund performance. I guess everything has pros and cons. For me personally if the endowment plans are for long term a higher guaranteed at maturity is a safer bet for me IMHO. If one need partial withdrawal maybe strictly for emergency scenario I guess.

 

[bluerail]

Yes that is the trade off for that flexibility

 

[sohguanh]

Yes that is the trade off for that flexibility

You see there are ppl including me we go by this Hokkien phrase loosely translated into English sentence as "we want cheap, we want fresh, we want big, we want live nearby" analogy and apply to everything in life including investment and now insurance haha

 

[touchring1]

You see I only start to get active in stock investment when I am near to age 55 for which I don't want to work anymore. So now in advance I learn a bit on stock picking. Actually if you are not a trader you don't need to do very in-depth chart analysis etc either. I pick stock based on my everyday interaction with the stock products and services. E.g in my line of work MSFT is everywhere even more so in govt civil service. Same for GOOGL, AMZN for their cloud services etc. AAPL for their products. You can't go wrong with these giants but of cuz we all know giants of today can become dwarf of tomorrow and that is why never all in on any investment instruments.

That's not true. They may not go bust so easily, but their stocks can go bust. MSFT and AMZN is also vulnerable to geopolitics and large scale hacking - you can search hacking and microsoft to see the latest news. Just like covid, you never know when the next mayhem comes and in what form. For all we know, perhaps one day, we will wake up and the Internet doesn't work. Even if the Internet is down for 3 days, you can bet MSFT and AMZN especially will crash big time. If I'm over 50 years, I won't put so much into them.

 

[netzach]

hello May I ask if gonna be receiving payout for the month … it’s gonna be at the start of the month? I.e., 1st to 3rd depending on the day of the week?!


Read HWZ Forum Rules!

 

[reddevil0728]

hello May I ask if gonna be receiving payout for the month … it’s gonna be at the start of the month? I.e., 1st to 3rd depending on the day of the week?!


Read HWZ Forum Rules!

1st working day usually

 

[vsvs24]

hello May I ask if gonna be receiving payout for the month … it’s gonna be at the start of the month? I.e., 1st to 3rd depending on the day of the week?!


Read HWZ Forum Rules!

First working day.

You can login to SSB portal. Click view details and it will show all the issues you hold and next payment date for each issue.

https://eservices.mas.gov.sg/ssb/

 

[netzach]

Hi both!
Thank you very much for the prompt reply!!!!
noted!

1st working day usually

First working day.

You can login to SSB portal. Click view details and it will show all the issues you hold and next payment date for each issue.

https://eservices.mas.gov.sg/ssb/

 

[philips107]

ilovessb has emailed/informed that SSB allocation results are out.

It is under-subscribed, full allocation of requested subscription amounts.

https://www.mas.gov.sg/bonds-and-bi...ond?issue_code=GX23060E&issue_date=2023-06-01
https://www.ilovessb.com/ssb/SBJUN23