facebookI'm thinking of investing in SSB. Is there a monthly contribution necessity or can I just park one lump sum from the get go and let it stay there? - Seedly

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Anonymous

25 Feb 2020

Saving Hacks

I'm thinking of investing in SSB. Is there a monthly contribution necessity or can I just park one lump sum from the get go and let it stay there?

Discussion (5)

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No requirements for monthly contribution, just take note that you need to purchase it in blocks of $500 (plus a $2 transaction fee regardless of total quantity).

Rais M

25 Feb 2020

Accountant at SME

This is a do it yourself investment. If you want to have a monthly recurring interest income, you can consider investing for each month for 6 months straight as it pays interest every 6 months.

Otherwise, 1 lump sump is also good.

There is no monthly contribution. If you want to buy monthly, you will have to buy new bonds issued ...

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