Fixed Deposit Promotion

[doodbug]

Do watch the youtube videos on T Bills - I can’t explain as well as the youtubers do. T Bills are principal protected only if you hold them to maturity (which is super short anyway, 6 mths or 12 months); SSB can be liquidated without any penalty, any time, and it takes at max a month to liquidate it.

Yes I hold both.

[Liew Nga Wing]

This afternoon, opened a joint names FD account with DH in ICBC (Industrial and Commercial Bank of China) with 3.2 % interest for 12 months.

[Coolkidsrock2]

Minutes of the latest FOMC meeting, likely more hikes still.


https://www.federalreserve.gov/newsevents/pressreleases/monetary20220921a.htm

[sgplusone]

any thoughts on savings (endowment) plans offered by insurance companies

eg FWD 4.5% https://www.fwd.com.sg/personalised-financial-advice/save-first-series-2/
Great Eastern 3.38% https://blog.seedly.sg/great-eastern-great-sp-endowment-plan/

vs other options (FD, tbills, SSB)

[starlight1968sg]

sgplusone\" post_id=\"2088645\" time=\"1668303406\" user_id=\"194714:

any thoughts on savings (endowment) plans offered by insurance companies
eg FWD 4.5% https://www.fwd.com.sg/personalised-financial-advice/save-first-series-2/
Great Eastern 3.38% https://blog.seedly.sg/great-eastern-great-sp-endowment-plan/

vs other options (FD, tbills, SSB)

I may be keen in this FWD plan. Pay say 10k per year for 2 years and at the end of 2 years, we received 4.5%pa guaranteed?

About your qn, I think it is better to spread your eggs. The FDs and tbills are short term; SSB though long term ie 10 years but each time allotted only a relatively small amt.

Do you have lobang for this FWD deal?

[lee_yl]

sgplusone\" post_id=\"2088645\" time=\"1668303406\" user_id=\"194714:

any thoughts on savings (endowment) plans offered by insurance companies
eg FWD 4.5% https://www.fwd.com.sg/personalised-financial-advice/save-first-series-2/
Great Eastern 3.38% https://blog.seedly.sg/great-eastern-great-sp-endowment-plan/

vs other options (FD, tbills, SSB)

Thank you. At 4.5%pa with 100% capital protection, the FWD endowment plan is attractive

[mummyof3angels]

DBS has 5-month FD promo of 3.8% p.a interest on minimum placement S$20,000. Fresh funds not needed!


You need to log into the DBS digibank phone app and key in the promo code when setting up the FD.

\"SR9M\" for 5-month FD rate of 3.8% p.a.

\"SR5M\" for 3-month FD rate of 3.5% p.a.

You have to use the digibank phone app. The promo code won't work on the ibanking website.

https://i.imgur.com/lOl4BVN.jpg\">

[sgplusone]

Money and Me: S-REITs vs T-bills & SSBs. Who trumps?

https://omny.fm/shows/moneyfm-midday-show/money-and-me-s-reits-vs-t-bills-ssbs-who-trumps

Money and Me: How to maximize your wealth with safe investments and should you be investing your CPF-OA in T-bills?
https://omny.fm/shows/moneyfm-midday-show/money-and-me-fixed-deposits-singapore-savings-bond

Choosing between Singapore Savings Bonds, T-bills and fixed deposits to boost your portfolio
https://www.straitstimes.com/business/invest/rising-yields-for-fixed-deposits-singapore-savings-bonds-and-t-bills-give-investors-attractive-low-risk-cash-alternatives

[starlight1968sg]

sgplusone\" post_id=\"2088900\" time=\"1668610176\" user_id=\"194714:

Money and Me: S-REITs vs T-bills & SSBs. Who trumps?
https://omny.fm/shows/moneyfm-midday-show/money-and-me-s-reits-vs-t-bills-ssbs-who-trumps

Money and Me: How to maximize your wealth with safe investments and should you be investing your CPF-OA in T-bills?
https://omny.fm/shows/moneyfm-midday-show/money-and-me-fixed-deposits-singapore-savings-bond

Riding on the rising interest trend, anybody invested OA in tbills or FDs?
Thank you.

[MyPillow]

starlight1968sg\" post_id=\"2089017\" time=\"1668731738\" user_id=\"14025:

Riding on the rising interest trend, anybody invested OA in tbills or FDs?
Thank you.

anyone know whether can use online or mobile app to to buy Tbill using CPF OA?