facebookWhat do you guys think of the May SSB? Do you think there will be lesser people balloting for it now since everyone is buying stocks? - Seedly

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Zachary Teo

Art Director at Ad Agency

15 May 2020

General Investing

What do you guys think of the May SSB? Do you think there will be lesser people balloting for it now since everyone is buying stocks?

Discussion (3)

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Cryotosensei

15 May 2020

Blogger at diaperfinancingfund.blogspot.com

Of course! What with Singlife offering 2.5% per annum, Great Eastern offering a capital guaranteed endowment plan for 1.8% for 2 years, etc. Even banks are offering higher interest rates. Just received a message from UOB about how it’s offering 1.25% interest for a 11-month fixed deposit

Yes for those who are seeking a place to temporary park their money. There are better alternatives available including short term endowment plans, high-interest savings/multiplier accounts, and fixed deposit. Though the risk undertaken is not quite the same, for a short period it is not that significant.

No for those who are seeking safe/low volatile investment as part of their investment/retirement portfolio.

Pang Zhe Liang

15 May 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

They are two different asset classes. Therefore, the subscription will be based on individual's risk...

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