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As a resident of Singapore, you might have heard of the Singapore Financial savings Bonds (SSB). It’s one of many extra frequent and low danger choices for Singaporeans to speculate their cash to combat inflation in Singapore. However what precisely are Singapore Financial savings Bonds and why must you spend money on them? First, let’s speak about inflation. For reference, the Financial Authority of Singapore (MAS) Core Inflation in Sep 2024 continued to fall to 2% from 2.2% in earlier month. Having mentioned that, which means that the costs of products and providers are nonetheless rising, and the worth of your cash is reducing over time. Investing in Singapore Financial savings Bonds…
