With falling fixed deposit interest rates, where will I deposit 100K in 2025? Last year, when bank’s interest rates are at its peak, I placed my money in fixed deposits. In January, my fixed deposits are maturing, and I am not renewing them. This is because the most attractive bank fixed deposit in January 2025 is only giving me 3.05% per annum for a 6-month lock in period.
You may be guessing I will probably put the cash from my matured fixed deposit with Singapore Treasury Bills or Singapore Savings Bond. The cut off yield of the latest issue of Singapore T Bill (BS25101F) is only 2.99% per annum. The effective interest rate for SSB SBFEB25 GX25020H is 2.82% if you held it for 10 years. Thus, my answer is no, I will not be placing my money into Singapore T Bill or Singapore Savings Bond.
Where will I place my money if I had 100k? I would place my money in...