11 May 2020
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Bonds will give you monthly/yearly interest payments, which are a good source of income for some.
26 Sep 2018
amateur Social contributor at School of social sharing
Bank interest rates are subjected to changes
The bonds are locked in at a fixed rate for a Long term.
Jonathan Chia Guangrong
23 Sep 2018
Cybersecurity Trainee at Bank in blue
Banks may change the terms and interest amount any time they want, usually with some notice period. Whereas bonds will pay the coupon rate for the stated period. Bonds may default though, so need to choose the bond carefully. Best if you can get some that are issued by our government if you are looking to buy some. Hope this helps
don't think any savings account in singapore gives high interest than bonds haha. also, savings accounts usually have a limit whereby they do not give the higher interest after the cap
23 Sep 2018
Accounting and Finance at ACCA
To hit those 3.x% high yield interest savings account, you have to fulfil the conditions to achieve ...
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