Asked by Anonymous
Top Contributor (Nov)
For the Singapore Savings Bond, it isn't a monthly contribution necessity. You can just park one lump sum and let it stay there.
Ssb is basically a bond. You can only apply every opening and there's a cap of 100k across all the successful applications. I suggest doing one huge sum to reduce your cost ($2 each application and redemption) . Do note that it's via balloting so you may or may not get the full sum you applied for.