Saving & Spending
Singapore Savings Bond, Your New Savior?
By BigFatPillar Blueprint  •  April 3, 2015
A quick glance of the Singapore Saving Bond by BT. How can you benefit from this new Singapore Saving Bond? Given that MAS still has not released the full detail for this new upcoming Singapore Saving Bong especially on the limit of funding that you can purchase with. So at this stage, it can be quite hard to formula any strategy in your wealth creation plan. But in order for me to make any comparison, i will assume the limit of SGD 50k per individual. One big advantage of having this SSB as part of your portfolio will be it having better or similar interest rate with Fixed Deposit but without having to lock in your fund for X amount of time. And but it will be crucial, especially in times of emergency. Having a step up interest rate which mean the interest rate increase from 0.9%(First Year) till ......
Read the full article
By BigFatPillar Blueprint
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance