Are we likely to see fixed deposit rates in March 2025 outperform the returns from the latest Singapore Savings Bond, Singapore Treasury Bills, or perhaps our high-yield savings accounts? The current SSB (SBAPR25 GX25040F) offers an annual return of 2.85% if you hold it for a decade, and 2.73% if you cash out after just a year. Meanwhile, the latest SGS T-bills (BS25104H 6-Month T-bill) are yielding 2.75% per year. So, where’s the smartest spot for your money?
Despite the age-old advice to “be fearful when others are greedy and greedy when others are fearful,” it’s crucial not to concentrate all your funds in just one area like stocks or REITs. Instead, spreading your investments across a mix of financial products can be wise. This range might include equities, real estate, and more stable options like bonds and fixed deposits, offering a balanced approach to risk and reward. Diversification remains a key strategy to ensure your financial security and growth over the long haul.
