Shares & Derivatives
A long term alternative better than the Singapore Savings Bond (SSB)
By Investmoolah  •  September 3, 2015
Many of you have heard about the Singapore Savings bond which offers 2.63% returns if one holds it for 10 years. But did you know there is a long term bond instrument presently in the market, is as low risk as the Singapore Savings Bond but yields a higher return? Introducing the CPF Special Account (SA) Yes no mistakes here; the CPF bond is it. However, do note unlike the SSB, it cannot be redeemed at any time, only after you are 55. How do we buy these bonds? If you are interested in buying the "CPF bond", just make a voluntary contribution into your CPF Special Account (SA). Furthermore, the CPF Bond accepts any amount; there is no minimum of $500, no $2 application fee charge or risk of not getting your full no of bonds. It is advised only individuals who meet the below criteria makes ......
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By Investmoolah
A total otaku who loves anime, investing and the occasional K-drama. My financial journey begun at the age of 22 and has revolved around the concepts of "Working Hard", "Saving Well" and "Investing Wisely". Through my journey, I have realized that financial literacy is something we have learnt little during our school days but is one of the most useful and relevant skill that we have to be equipped to take on the real world. Concepts such as compounding and "common sense investing" are skills that will place us ahead of the race to retirement ...
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