2022 started out with a bang, then the markets tanked. As the world is gradually recovering from the pandemic, we’re seeing a rise in inflation which has been further fuelled by global crisis and a supply shock of oil. You might wonder if it’s time to put your money into income products like fixed deposits or even the Singapore Savings Bonds (SSB). Good news. After a massive drop in the SSB rates in the last two years, the average returns for the latest tranche of SSB has shot up to 2.53%! That’s pretty close to the all-time-high average return rate of 2.78% back in November 2015. (this rate may not last as bond returns are known to move opposite to interest rates.) Here’s how the SSB rates have fluctuated against inflation since 2015: As of May 2022. Data source: MAS [Never heard of Singapore Savings Bonds? It is one of the most underrated investment vehicles that...