In investing, risk and return are closely correlated; as you seek higher returns, you also have to take on more risk. This is true on the other end of the spectrum as well. Low-risk investments tend to have comparatively lower returns. Low risk-low returns investments, or conservative investments, have their place and purpose in the life cycle of an investment...
Min. deposit: Varies according to bankMin. investment: Varies according to insurerTreasury Bills, or T-bills for short, are short-term debt securities issued by the Singapore Government. They carry a AAA credit rating , and are widely considered to be among the safest investments available.
Up to 40 per cent of the total issuance amount is reserved for non-competitive bids, with spillovers being allocated on a pro-rated basis. The remainder of the issuance is allocated to competitive bids by specified yield, up to the cut-off yield. In addition, there is no upper limit to how much you can invest in a T-bill, although this will be tempered by the overall limit per issuance.Singapore Savings Bonds are government-issued bonds that pay out a coupon that steps up on a yearly basis. This means that the longer you hold your SSBs, the higher your returns will be.
Once you've bought your SSBs, simply sit back and wait for your returns, which are paid out every six months from the month of issue.The key to maximising your returns when investing in SSBs is to hold them for the full 10 years — or as close to it as possible. This will ensure that you receive the highest possible yield.
Just be aware that early withdrawal of your FDs will likely incur penalty charges, and your interest earned will be prorated. These will have a significant impact on your returns.Endowment plans are a type of insurance policy that helps you save towards a financial goal or future need. Another benefit is that you will receive life insurance coverage equal to the face value of the endowment plan throughout its duration. You may even be able to add riders to your endowment plan to obtain additional coverage, such as for critical illness, or personal accident.If you are looking for a disciplined way to save money, can commit to paying premiums over a long time horizon, and could use some insurance coverage along the way, an endowment plan may meet your needs.
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