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Anonymous

18 Apr 2019

General Investing

Should I invest into SSB in one lump sum or separate them into different months?

Planning to invest into Singapore Saving Bonds. What's the best option, should I put one lump sum or separate them into different months? Please advise

Discussion (2)

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Jeff Yeo

24 Dec 2018

amateur Social contributor at School of social sharing

If you got the DBS multiplier account buy for 6 months to build a bond ladder

if not a one time lump sum will help reduce the total cost of investment

another consideration is the raising rates of interest so it might make sense to take a more cautious approach

One lump sum.

  1. Each application cost $2 (to buy or redeem early).
  1. All your money goes into work to earn returns immediately. Money sitting at the sidelines are not working.

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