Many of you have probably heard about the Singapore Savings Bond. Essentially fixed deposit that doesn’t penalise for early withdrawal and pays you interest for however long you have been vested in the product. Eg. Buy a 10-year tenure bond and withdraw in Year 5, receive 5 years worth of interest without penalty for withdrawal.

If you don’t know about it, here are some reads:

MAS Media Release

Investment Moats: More details of the Singapore Savings Bond. Looks like my Emergency Fund now.

A lot of thoughts run through my mind after I have learnt about this product and I thought it would be good to share it and obtain some views from readers.

Credit Crunch in the making?

Now that money is unlikely to be going into FDs, this means less money for the banks to work with.  For individual savers, this is good news, but for businesses who …