[ The concept of the CDP master race is inspired by the idea of the PC Master Race, gamers who game on their PC. It is not inspired by WW2 Germany. ] For modern investors who are younger Millenials and Gen Z, there is no need to understand what the Central Depository or CDP is because modern brokerages that run on the custodian system are very competitive. Trading on an old-school broker usually costs $25 per trade, while online brokerages like Interactive brokers, if charged at all, can often execute for around $2. Despite cheaper trades available, I still prefer to park most of my net worth under CDP, and I imagine many older investors may also like it. Here are my reasons for doing so.

1. a) Singapore Savings Bonds or SSBs

SSBs should still be the safest investment in Singapore. Based on what I know, the only way to buy them is that you will...