Singapore Savings Bonds have been giving good returns in recent months, and as such have received a lot of attention – and money – since interest rates started to creep up. As great as SSBs are to put some spare funds in, there are, however, some downsides of SSBs we should be aware of, as well as how we can mitigate some of the shortcomings. Difficult to invest larger amounts Due to the popularity of SSBs, they tend to be oversubscribed, particularly months where the interest rates are high. August 2022’s SSB, for instance, was so oversubscribed that the ceiling amount was a mere $9,000. The relatively liquid nature of SSBs also mean that people can – and have been – withdrawing older SSBs with lower rates to reinvest in newer ones with better rates. A form of “refinancing” if you will, that...