Aug 19, 2024

This week, the Singapore Savings Bonds are looking quite attractive with the sharp drop in interest rates. Investors can lock in a first year yield of 3.06%, which is fixed for the first 7 years and then steps up to 3.10% over 10 years. Additionally, households on the HDB lease buyback scheme received between $100,000 and $300,000 in proceeds for selling part of their lease. When it comes to passive dividend income, there are suggestions to earn $6000+ a month by investing in dividend stocks, REITs, and bonds. The 6-month T-Bills yields have dropped further to 3.34%, with demand falling but yields continuing to slide. Lastly, for those looking for free things to do in Singapore, New Bahru is a new lifestyle cluster located at the former Nan Chiau High School, offering a range of activities without breaking the bank.

Stay Well!