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Anonymous
For SSB, I have invested $10,000 in 2018 earning an average of 2.48%. Given that recently the interest rate for SSB/T-Bill averaged more than 3%. Should I redeem my SSB this month and buy for next month SSB/T-bill?
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SBNov18 GX18110Z
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Yes that's what I'm doing too
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Just wondering why will you consider buying another SSB when banks do have a similar interest rate savings account now
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Yes just do it.
Will suggest SSB instead of Tbill if you are looking for longer term bond as it lock up the current high interest rate. Tbill is good for short term when you need the money in 6 months time.
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You can redeem it as the interest is higher now....
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I guess it depends on how urgent you need the money?