Asked by Anonymous
Hey Anon, SSBs yields are a little low and coupons are paid out bi-annually. If you're looking for some regular passive income, you may want to consider high yield dividend paying funds.
I suggest looking at some High Yield Corporate Bond funds. Dividends of 6-7% are quite common. They pay monthly, and are less risky than investing in equities as well.
Singapore savings bond is safe to invest.
But you need the right expectation. This SSB is not going to give u huge extra income. It will be better than bank deposit rates at least. I am not sure of your definition of extra income, so I will give you the safer recommendation.