Are you searching for one of the best mounted deposit in September 2024 as a result of the rates of interest for Singapore Financial savings Bonds and Singapore Treasury Payments have fallen? With the excessive risk of the Fed asserting rates of interest lower within the upcoming Jackson Gap Financial Coverage Symposium, the rates of interest for SSB, T-Payments and Mounted Deposits have all fallen. The place is one of the best place to park your cash? Because the rate of interest cuts will profit Singapore REITs, most traders have shifted from putting their cash in low-risk investments into the inventory market. Having mentioned that, we must always by no means place all our cash in the identical basket. I diversify by investing in Singapore REITs but additionally park money in safer devices reminiscent of Mounted Deposits, SSB and T-Payments.
For newbies, what are Mounted Deposits?
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