Anonymous

07 Jun 2019

∙

General Investing

Do we need to invest $500 monthly if we want to invest in SSB? Or we can just pay a one time off thing of $500 in the initial phase and invest another $500 in the near future?

I’m an undergraduate that is soon graduating and I have some excess cash of $500.

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Gabriel

07 Jun 2019

Undergraduate at National University of Singapore

Hi, it is a one time off thing of $500 for that particular month's bond which you can check out in the link below. You can then invest another $500 in the near future.

http://www.sgs.gov.sg/savingsbonds/Your-SSB/Thi...

Also, check out this article from MoneySmart to better understand SSB - https://blog.moneysmart.sg/invest/singapore-sav...

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Jeff Yeo

09 Oct 2018

amateur Social contributor at School of social sharing

If you can do a larger one time investment this would save on the 2dollars cost to invest.

unless you are looking to build a bond ladder where you get monthly payouts to your DBS multiplier account

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Jonathan Chia Guangrong

06 Oct 2018

SOC at Local FI

Minimum of $500 to start, excluding the nominal fee to buy into the bond. Once you have the next $50...

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