facebookDo you think that I should invest in Singapore Savings bonds vs putting my money in an OCBC 365 or UOB One account? - Seedly

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Anonymous

18 Apr 2019

Saving Hacks

Do you think that I should invest in Singapore Savings bonds vs putting my money in an OCBC 365 or UOB One account?

Discussion (4)

What are your thoughts?

Jay Liu

Jay Liu

25 Sep 2018

Level 9·Accounting and Finance at ACCA

Have a sufficient balance in your savings account. E.g. Having the min balance + some spare cash to use. Then the rest you can put into SSB. If you can hit the conditions for High(e.g. 3%) interest, you can consider just putting in the savings account itself.

Gabriel Tham

Gabriel Tham

25 Sep 2018

Level 14·Tag Team Member at Kenichi Tag Team

SSB is good to replace fixed deposits but we also need cash in bank account for bills and expenses.

It is good to invest in SSB but leave some in those accounts for expenses and bills while earning better interest.

Jeff Yeo

Jeff Yeo

26 Sep 2018

Level 10· amateur Social contributor at School of social sharing

If you need the money in a short term window then putting it in a savings account is better

if ...

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