icycrystal
06-18
@koolgal @Universe宇宙 @HelenJanet @rL @GoodLife99 @Shyon @Aqa @SPACE ROCKET @LMSunshine

I guess I would put [USD] [USD] [USD] in dividend stocks as it beats the bank interest rate [Smile] [Smile] [Smile]

The 3-month Singapore Overnight Rate Average (SORA), which reflects borrowing costs, has been steadily declining, recently hovering around 2.10%, down several dozen basis points since the start of the year. As a result, major commercial banks have adjusted their fixed deposit (FD) rate policies. Product yields have not only fallen below the critical 3% threshold but in some cases have even dropped below 2%.

What would you choose? Any better options?


What percentage of your asset portfolio is allocated to fixed deposits?


What would be considered a balanced proportion?


Have you ever planned how to allocate your assets across different types such as fixed deposits, stocks, mutual funds, REITs, and real estate?


All valid comments will receive 5 Tiger

SORA Keeps Falling: Which Bank to Choose for Fixed Deposit?
Safe-haven capital continues to flow into Singapore’s financial markets, pushing major interest rate indicators down more than expected. The 3-month Singapore Overnight Rate Average (SORA), which reflects borrowing costs, has been steadily declining, recently hovering around 2.10%. What's your choice for fixed deposits? What percentage of your asset portfolio is allocated to fixed deposits? What would be considered a balanced proportion? Have you ever planned how to allocate your assets across different types such as fixed deposits, stocks, mutual funds, REITs, and real estate?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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