Why is SSB's interest rates getting lower and lower just when I decided to buy it? Should I wait it out?

I have $15k cash sitting in my POSB saving acc and I want to play around with it to earn more by next month. I deposit $200 in StashAway and $200 in the DBS RSP (STI/Nikko) monthly. I do not want to put all eggs in a basket but still want to earn some interests for 1-2 months before I start spending on my marriage. Should I start buying the SSB bond now instead of waiting for next month then?

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Cedric Jamie Soh

29 Aug 2019

Director at Seniorcare.com.sg

Have you considered other types of bonds or corporate loans?

Got this corporate loan that is backed with PARF value from LTA, which I assume is also similar to government assets

https://timelyenterprise.com.sg/better-returns-...
(for those who don't have cars, PARF value is like a sum of money you pay to LTA for a new car, LTA will only refund you when you deregister your car)

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Jeff Yeo

11 Aug 2019

amateur Social contributor at School of social sharing

I think it would better to deposit the money into the UOB one acc/ OCBC 360 or DBs Mulitplier rather than continue with SSB.
Have you maxed out to the max sum for each of those accounts ?
The current SSB returns are not fantastic and time frames are long.

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Takingstock @

03 Aug 2019

If your time frame is only two months, why do you need to consider SSB? Granted the transaction fee ...

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