Posted on 16 Oct 2018
Have 1.5k to invest for the tranche in Nov. Am thinking whether to consider temasek bond now. Any advice?
Cherie Julianne Tan, Former Content Strategist at Seedly
Updated on 17 Oct 2018
It highly depends on which you are comfortable with, SSB is government-backed bond and Temasek Bond being rated "Aaa" by Moody's is afterall still a corporate bond.
Returns - S$33.30 after 5 years (S$37.20 after 10 years)
Able to withdraw anytime, (within a month of processing time)
Returns - S$40.5 after 5 years
Cannot withdraw but you are able to sell back to the market in SGX (if there are buyers in the market and you might sell at a loss)
If you're adventurous enough and want to try out Temasek Bond, you can put $1,000 into that and the remaining $500 into SSB because for Temasek Bond you can only invest in denominations of S$1,000.
Do ask yourself which you are most comfortable with, never invest in something that you don't believe in. Hope this helps! :)
1 more comments
Neither for me.
Unless I am a retiree who has not enough time, I will not invest in such low yield ...
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