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Anonymous

Posted on 07 Apr 2019

Is it better to invest SSB monthly or to throw a lump sum on a particular SSB month?

Let say I have $6k spare and would like to buy on SSB. Is it better to spread out the $6k to buy month by month or to wait for better interest rate on a particular month and invest it all at one shot?

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4 answers

Discussion (4)

I prefer to do a ladder. 6k into 6 months of SSB, so that you can get money every month.

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Post

I would recommend doing Lum sum to pay less admin fees

The SSB int rates have been low lately so that’s also a consideration

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Post

Tay WenHao

Tay WenHao

Level 11. Master

Posted on 19 Apr 2019

If its 6k, would personally put 1 lump sum as it would cut down on the $2 sales charge per transacti...

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