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Is buying Singapore Savings Bonds monthly through DBS savings account counted as an investment transaction?

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      What are your thoughts?

      Jeff Yeo

      Jeff Yeo

      21 Apr 2019

      Level 10· amateur Social contributor at School of social sharing

      Any of your stocks that pay dividends will also count towards the investment tier

      If you buy stocks using DBS vickers that will count towards the investment tier

      You can also take a look at DBS website they have promos for investment into etf and trades

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          Nicholes Wong

          Nicholes Wong

          07 Jun 2019

          Level 10·Diploma in Business Management at Nanyang Polytechnic

          If you are talking about the investment part for DBS multiplier, the interest you get from SSBs will be counted. You can do the SSBs ladder. SSBs pay interest every 6 months. Example if you buy SSBs once every month for 6 months like from January to June, you will receive interests every month afterwards for 10 years. Every month the interest you received will be considered investment if DBS dont change anything. You would need $3,000 to do this as the minimum is $500 for SSBs.

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