Singapore Savings Bond for newbies (WAG Formula!)

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Today we are going to talk about the Singapore Savings Bond (SSB)We all should save to reach our financial goals.💰💰

I recently had someone asking me about it and I came up with this simple formula.Maybe you already have some savings in it and that’s great! 

But if you haven’t,

Watch this video my simple explanation using WAG formula 🎓

➡ W: Withdrawal➡ A: Anyone➡ G: Guaranteed

https://www.youtube.com/watch?v=HDL88ewqSnM

Withdrawal: Yes you may withdraw anytime from the Singapore Savings Bond. There is no lock-in period and when you sell, funds come back as soon as next month. And with accrued interest!

Anyone: Companies can’t apply. Sorry fellow business owners. But any individual with a CDP and OCBC/DBS/UOB account can apply for it.

Guaranteed: Yes Principle guaranteed. Not just that, interest is also guaranteed.

The latest rate April2019 rates, about 2%p.a

If you would like to know more, I’ve in this video my full analysis: https://www.youtube.com/watch?v=HDL88ewqSnM

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