Friday, 11 October 2024

Investing Updates : T-Bills vs Fixed Deposit vs SSB Oct '24

URL: https://growbeansprout.com/tbills-vs-fixed-deposit-vs-ssb-yield-oct-2024

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The article from Growbeansprout.com discusses the best options for parking cash to earn a higher yield, focusing on T-bills, fixed deposits, and Singapore Savings Bonds.


  • Interest Rates: The article notes that interest rates have been falling recently, with the yield of Singapore 6-month T-bills and SSBs declining. Banks have also cut their interest rates.

  • Comparison: It compares the latest interest rates, advantages, and disadvantages of each option.

  • Recommendations: The author shares their strategy for deciding where to park cash to earn a higher yield.




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