When I meet friends these days, our conversations often turn to one common topic. “With interest rates falling, what should I do?” It's a timely concern. This week, the latest T-bill yield dipped again after showing signs of stabilisation last month. Banks have also been cutting their interest rates. The best fixed deposit rates in Singapore have continued to fall this month, and savings account rates have followed suit. UOB, for instance, announced that it will lower interest rates on its UOB One account and UOB Stash account in December. My answer usually starts with the basics. Make sure you have enough emergency savings set aside. Once that’s in place, you can consider opportunities that might offer higher potential yields, if you’re comfortable with the risks involved. For example, many investors turn to Singapore blue chip stocks as a way to generate steady passive income. The Straits Times Index (STI) reached a record high this week,...