As a resident of Singapore, you may have heard of the Singapore Savings Bonds (SSB). It’s one of the more common and low risk options for Singaporeans to invest their money to fight inflation in Singapore. But what exactly are Singapore Savings Bonds and why should you invest in them? First, let’s talk about inflation. For reference, the Monetary Authority of Singapore (MAS) Core Inflation in Aug 2024 continued to fall to 2.2% from 2.4% in previous month. Having said that, this means that the prices of goods and services are still increasing, and the value of your money is decreasing over time. Investing in Singapore Savings Bonds can help protect your money from depreciating due to inflation. The interest rate for SSB changes every month with each issue, and this month the interest rate continue to go down to 2.56%. If you invest $1,000 in this issue of Singapore Savings Bonds and hold it for the full 10 years, you’ll get...