facebookShould I invest into SSB in one lump sum or separate them into different months? - Seedly

Anonymous

18 Apr 2019

βˆ™

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)

What are your thoughts?

Learn how to style your text

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.

Write your thoughts