Advertisement

Hanafi Zulkafle

Business Management at Singapore Management University

10 Oct 2023

∙

General Investing

How can I start investing in SSB?

Hi,

I have been trying to find out more about Singapore Savings Bonds to have a clearer understanding on it. I have done a little bit of reading and talked to a few friends but I would like to hear more inputs and insights from you.

1) What is the best way to invest in SSB (e.g. One Lump Sum or $500 Monthly)?

2) What are some considerations I need to take note of before putting my money in SSB?

3) How can I start investing in SSB?

14

Discussion (14)

What are your thoughts?

Learn how to style your text

Francis

01 Nov 2023

It is better to invest all since there is a $2 processing fee for each application. It is whether you need the money for the next 1 month since that is the max leadtime to redeem SSB. Consider the interest rate and if you are satisfied, just go to ibanking for the local bank to apply for it.

Reply

Save

Nathaniel Teo

19 Oct 2023

Hi, I would suggest to do it in a lump sum due to changes in the bond prices according to the market conditions. However it also depends on your purpose in investing into SSB. What do you wish to achieve?

Feel free to reach out to me at 88812967 if you have any questions

Reply

Save

Emma

13 Oct 2023

Hey there, you might find this article useful to check out! It covers everything you need to know about the Singapore Savings Bonds!

Reply

Save

View 1 replies

SH

12 Oct 2023

1) Invest monthly to create ladder, so every month you receive interest from SSB.

2) Consider if you prefer lower interest rate of SSB but lock down rate 10 years, versus higher interest rate of tbills but short term and rate fluctuate, may not sustain rate
3) Just apply through ATM or online banking! Read seedly resources to learn how to do that.

Reply

Save

ThinkForwardInvestor

12 Oct 2023

I do lump sum cos I think in year, so it doesn't matter to me when the interest comes in during the ...

Write your thoughts

Related Posts

I've just started working and started investing into some REITs, bonds and SSB. What is an easy way to keep track of my investment returns?

Which is a better option? Invest in ETF or SSB? Newbie here. 21 years old still studying but working full time. Would really want to start "investing"?

New starter 40 want to start invest or to accumulate wealth beside bank saving . Which is the best approached? Started small in SSB and is via advisor such as Endowus or Momo or brokers to buy ETF ?

Is buying SSB the best way to start investing as a first timer for student?

Just started to read up on investing and trying my hand on it at 25. Have placed a sum in Temasek bond and SSB, also trying ETFs and Robo-advisors. I still have 1k, should I place it in bluechips or robo-advisors?

Related Posts

I've just started working and started investing into some REITs, bonds and SSB. What is an easy way to keep track of my investment returns?

Which is a better option? Invest in ETF or SSB? Newbie here. 21 years old still studying but working full time. Would really want to start "investing"?

New starter 40 want to start invest or to accumulate wealth beside bank saving . Which is the best approached? Started small in SSB and is via advisor such as Endowus or Momo or brokers to buy ETF ?

Is buying SSB the best way to start investing as a first timer for student?

Just started to read up on investing and trying my hand on it at 25. Have placed a sum in Temasek bond and SSB, also trying ETFs and Robo-advisors. I still have 1k, should I place it in bluechips or robo-advisors?

Advertisement