facebookWith the latest changes for DBS Multiplier account, Is investing/buying the Singapore Savings Bond (SSB) considered under the investment category when dividends are now under the Income category? - Seedly
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Anonymous

Asked on 12 Jan 2020

With the latest changes for DBS Multiplier account, Is investing/buying the Singapore Savings Bond (SSB) considered under the investment category when dividends are now under the Income category?

How are the new categories split with the new changes to the DBS Multiplier Account?

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Adriel Thin

Adriel Thin

Level 5. Genius

Answered on 12 Jan 2020

When you purchase SSB, the amount of money invested to buy the SSB should count towards the investment category for that month. However, what's changed is that the dividend received from the SSB now falls under Income and not Investment.

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Mujimoro

Mujimoro

Level 5. Genius

Answered on 12 Jan 2020

No, SSBs are not considered under investments.

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Thank You!
Can you clarify
I wonder if
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