Just curious what everyone here thinks of Singapore Savings Bonds?

I've a few clients who asked me about them. And I think it has gathered some interest in people. However, personally I'm a highest risk investor profile so it really isn't very attractive to me - at least for now. Maybe my thinking will change 5 years down the road but now, no. Would you buy it and why would you do so?

Discussion (16)

What are your thoughts?

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Teresa Wu

07 Jun 2019

Good place to park your money while learning how to invest. 😂

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Kenneth Lou

07 Jun 2019

Co-founder at Seedly

A pretty good option for people to get their feet wet. If you are not into investing but keen to see returns which are better that interest rates in banks (which are not hurdle accounts)

Singapore Savings Bonds are issued by the Singapore Government, to provide Singaporeans with a safe and flexible option for a long-term saving of up to 10 years.

Personally: I went straight into Robo advisors and REITS that yield between 5-8% p.a (for now) and not bought into SSB! But who knows, maybe a savings plan with my other half (Which i've been thinking of doing for a long time)

Right now, our combined savings plan is put into CIMB FastSaver purely for liquidity and yields 1% p.a (easier to transfer in also every month)

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Yong Kah Hwee

20 Sep 2018

It is a good place to park one's money while he/she learns how to invest. Low risk, almost guaranteed returns. Why not?

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Jason Sing

20 Sep 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

It is definitely a very good option especially in the current climate where interest rates are rising. Moreover it is suitable for people who are conservative and are not willing to take too much risks.

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