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Best Fixed Deposit Rates in April 2025
By My Sweet Retirement  •  April 15, 2025
With falling interest rates, are you looking for the best fixed deposit rates in April 2025? The recent market crash due to Trump’s tariffs had taught us not to put all our money into the stock market. We should diversify our investments into various financial assets. Fixed deposits are low risk in nature and at times, Singapore banks may offer attractive interest rates as part of their fixed deposition promotion. Do you know what are fixed deposits? Fixed deposits are sometimes also termed as time deposits. Fixed deposits or time deposits are a type of investment offered by banks and financial institutions where an individual deposits a sum of money for a fixed period of time at a pre-determined interest rate. The money is locked in for the specified period, which can range from a few months to several years. Fixed deposits are considered a safe investment option as they offer guaranteed returns and are not subject to...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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