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Which bank offers the highest Fixed Deposit rates?


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4 minutes ago, RadX said:

Dollar Cost Averaging

i'm practicing DCA for chai peng lunch ... 1 meal split to 3 days to eat ... muahahahaha

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1 minute ago, Wt_know said:

i'm practicing DCA for chai peng lunch ... 1 meal split to 3 days to eat ... muahahahaha

I dca for car

 

Coe high buy

then coe drop , buy again

 

repeat cycle

until

hit target avg price😂😂

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1 hour ago, TangoCharlie said:

6 months T bill latest auction closed at 2.66%pa.

psa.

Still climbing fast and furious.  Should slowdown soon. 

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18 minutes ago, Voodooman said:

Still climbing fast and furious.  Should slowdown soon. 

Like you, plan to spread over 6 months the idle cash that sits in bank. Then just rollover if rates continue to be higher than 6 months FD.

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US Fed is going to raise rates by 0.75% in July, follow by 0.50% in August.

My guess is SSB is going to reach about 3.5% in 2-3 months.

So one will get a lot more interest in SSB compared to fixed deposits.

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(edited)

after FOMC meeting on 26-27 Jul, probably another 0.75% hike

can we expect FD rates cheong

12 months = 2.0%

15 months = 2.25%

huat ah ! :grin:

2022-07-10_111642.png

Edited by Wt_know
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13 minutes ago, Wt_know said:

after FOMC meeting on 26-27 Jul, probably another 0.75% hike

can we expect FD rates cheong

12 months = 2.0%

15 months = 2.25%

huat ah ! :grin:

2022-07-10_111642.png

Yeah. My loan pegged to 12 mth FD. Going to increase beyond CPF 2.5%. Time to pay down soon..... 

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1 hour ago, ToyotaShuttle said:

So I bought some t-bills.

How do I check my holdings? Doesn't appear in CDP

The issue date for the latest T bill is 12 jul, so check your CDP account tomorrow.

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14 hours ago, TangoCharlie said:

The issue date for the latest T bill is 12 jul, so check your CDP account tomorrow.

oh damn, didn't know about the date and thought my money was stolen 

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6 hours ago, ToyotaShuttle said:

oh damn, didn't know about the date and thought my money was stolen 

You are dealing with ah gong...they won't steal.

 

 

 

Just raise taxes!😄🤣🤪

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(edited)
27 minutes ago, TangoCharlie said:

You are dealing with ah gong...they won't steal.

 

 

 

Just raise taxes!😄🤣🤪

Disagreed.

Indeed they do but in a form someone will be paying for your share of interest earned. Steal from the poor (loan interest) and pay the rich (deposit interest). 

Gst/ERP/taxes. 😁

Edited by Kopites
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2 hours ago, TangoCharlie said:

You are dealing with ah gong...they won't steal.

 

 

 

Just raise taxes!😄🤣🤪

"Rob" means doing it openly.

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On 7/8/2022 at 8:00 PM, TangoCharlie said:

6 months T bill latest auction closed at 2.66%pa.

psa.

Better than CPF OA. Can use OA to buy? 

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3 hours ago, TangoCharlie said:

You are dealing with ah gong...they won't steal.

 

 

 

Just raise taxes!😄🤣🤪

Yes that's true. Ah gong very white, pure and transparent. 

E.g. I also know Ho's salary is not 100m

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