Singapore Savings Bonds

[CCPie]

Please only bump this thread when the rates go up again.

 

[polyglob]

Hi all,

Wish to confirm that I have completed building my SSb ladder for the purpose of hitting the investment category in DBS MULTIPLIER account.

Kindly share DBS multiplier SSB ladder is what ah?

 

[andymarsh]

Kindly share DBS multiplier SSB ladder is what ah?

https://www.dbs.com.sg/personal/articles/career-education/multiplier-first-job

 

[polyglob]

https://www.dbs.com.sg/personal/articles/career-education/multiplier-first-job

Thank you.

 

[Han Shot First]

Knowing the above will help me decide when to stop my RSP via POSB IS, as I intend to switch over to another platform for purchase of the SGX ETFs

Which platform is better than POSB InvestSaver for RSP?

 

[Shion]

JAN20

 

[Cryophoenix]

Interest sucks these days.

 

[sgbird]

JAN20

This interest rate is even not worth of $2 application fee

 

[ChinoGirl]

Switching over to FSM.

Which platform is better than POSB InvestSaver for RSP?

 

[s0crates]

Sigh why SSB rates so low

 

[kram62]

Because they are based on the rates of sgs bonds, which have fallen because that's what the current economic conditions and market pricing are.
SSB website has a document explaining how the rates are calculated if you're interested. It's really just a calculation, not something chosen at will.

 

[Han Shot First]

Switching over to FSM.

OK. So you need to invest at least SGD200 per ETF per month at FSM because there is a minimum fee of SGD1?

Have you considered that when you sell your ETF(s) at FSM, there is a minimum fee of SGD10 per sell transaction?

 

[~sabaisabai~]

Sigh why SSB rates so low

Worst than FD. lols

 

[BBCWatcher]

Worst than FD.

Only if you’re confident that interest rates will remain stable or increase. If interest rates fall and stay lower, you’re much better off with today’s SSB. A 1 year or 2 year fixed deposit is nothing like the 10 year SSB term in terms of defense against lower interest rates. They’re very different offers.

 

[Perisher]

SSB interest is in, DBS.
Jul2018, 2.19%.

 

[cal3135]

Received ☕️

🍎xsmax HardwareZone Forums app

 

[af7680]

hi
did you all receive ssb interest today ?

 

[fadefade]

haven

10char

 

[Squaredot]

haven

10char

hi
did you all receive ssb interest today ?

yours POSB/DBS account?
Credited. Check your account again.

 

[fadefade]

yours POSB/DBS account?
Credited. Check your account again.

just checked in le...