Shares & Derivatives
Singapore Savings Bond Comparison: Mar 18
By Where got money  •  February 3, 2019
February 2, 2019 Ben This is a monthly series where I do a comparison of the current issue of the Singapore Savings Bond (SSB) against the past SSB issuances over the last ten years. MAS has been issuing the SSB every month for over three years now, and many Singaporeans will have heard of it before. They have even started advertising at bus stops and MRT stations. Here are the key benefits: (Virtually) Risk Free: Backed by Singapore Government with AAA credit rating (Almost) No Fees: There’s only a $2 fee when buying or selling Capital Guaranteed: You will not lose your capital (except the $2 fee) Relatively Liquid: Whenever you redeem (sell) your bonds, the money will be credited to your account on the first business day of next month Low Capital Requirements: Minimum investment of $500 As always, there are some drawbacks: Holding Limits: Each individual can only own a...
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By Where got money
Hello and welcome to wheregotmoney! I am Ben, and my goal is to FIRE by 1st Aug 2028 with a passive income stream of $60,000 yearly from dividends. Hopefully, by that time, I would have written every single thing about my journey and I can simply point to a blog post as a response to any question I might get (Unlikely given that government policies, financial products, etc will change in the future, but one can dream) ...
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