If I am currently earning x% interest in the bank, is there a reason why I would buy SSB now even though it will take at least 4 years to achieve more than x% average return per year? ? - Seedly
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Anonymous

Asked on 16 Aug 2018

If I am currently earning x% interest in the bank, is there a reason why I would buy SSB now even though it will take at least 4 years to achieve more than x% average return per year? ?

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Eric Chia
Eric Chia, Senior Financial Consultant at Prudential
Level 6. Master
Answered on 16 Aug 2018

The only reason you'll do this is when you have more confidence that the bank will not be raising interest rates for the next 4 years!

To that, no one would know the answer. Past performance is not indicative of future results, this investment tip applies to your question. :)

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