facebookWhen will you jump into Singapore Savings Bonds? SSBs this month start at 3% year 1. Interest rates still going up the US Fed predicted to increase rates by 75bps. Do you buy this SSB or wait and see? - Seedly

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Anonymous

14 Oct 2022

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General Investing

When will you jump into Singapore Savings Bonds? SSBs this month start at 3% year 1. Interest rates still going up the US Fed predicted to increase rates by 75bps. Do you buy this SSB or wait and see?

Buy now or hold and wait to buy higher later? will future SSBs be higher and if so by how much?

Discussion (7)

What are your thoughts?

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I would apply for some each month, since the allotment is a small sum.

Buy first. Can redeem later on at a small fee of $2

Buy first, can always redeem and buy later if the interest rate increases.

Billy

17 Oct 2022

Development & Acquisitions Manager at Real Estate Private Equity

If you want, you can consider putting it in higher interest rate accounts which still provide you liquidity for you to take action.

Agree w YJ and Choong Hwee.

Ladder is better than wait for high interest - while you wait, the $$ ...

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