REPs Income Ladder

03/09/2024

Falling Fast & Furious! With impending rate cuts by the Federal Reserve, interest rates on deposits in Singapore look set to go down. The latest issue of Singapore Savings Bonds saw a steep decline to 2.77%. It’s time to look elsewhere for better returns!

https://www.businesstimes.com.sg/companies-markets/10-year-average-return-latest-singapore-savings-bond-falls-2-77?utm_medium=social-organic&utm_source=facebook&fbclid=IwY2xjawFDT8VleHRuA2FlbQIxMQABHY66RmGyNob2qTMcolPWyheWceOXTCji62WvhDAQHyOttebtGCooK54wMQ_aem_FuT27LXz9sRgYCmRFuuGmg

SINGAPORE Savings Bond (SSB) yields continued to fall in the latest tranche, ahead of the anticipated rate cuts by the US Federal Reserve in September. Read more at The Business Times.

25/07/2024

With the market pricing in 3 rate cuts by the Federal Reserve this year, yields for SG bonds also look set to go down, with the latest 1 year T bills slipping to 3.38%. It is probably time to start looking long term. Perhaps one of the last few times to lock in the relatively higher interest rates in SSB for the next 10 years (last day to apply is tomorrow!).

THE cut-off yield on Singapore’s latest one-year Treasury bill (T-bill) is offering a cut-off yield of 3.38 per cent, auction results released by the Monetary Authority of Singapore (MAS) indicated on Thursday (Jul 25). Read more at The Business Times.

12/06/2024

If you missed out on last month's Singapore Savings Bond, you can still make it for July's issue. The average 10 year yield is just a tad lower at 3.3% (compared to 3.33% for June). Do remember to apply by 25 June 2024.

Safe and flexible bonds for individual investors. Maturity: Up to 10 years.

03/05/2024

Singapore Savings Bonds' surprisingly higher yield for this month!
https://www.businesstimes.com.sg/companies-markets/singapore-savings-bond-10-year-average-yield-hits-year-date-high-3-33

THE 10-year average return per year for the latest tranche of the Singapore Savings Bonds (SSB) has reached a new year-to-date high of 3.33 per cent, marking an increase from the preceding month’s rate of 3.06 per cent. Read more at The Business Times.

25/04/2024

This is an excellent policy if you have some monies sitting around in a savings account or if you can withdraw cash from your Ordinary Account (for those who are aged 55 and above). With a lump sum payment of S$33,582 and just 2 more premiums to go, you can expect to receive a sum of S$78,284 (projected not guaranteed) after 14 years.

23/04/2024

With the new CPF changes, when you turn 55, you can no longer keep excess funds, (after setting aside in your R.A. for your BRS, FRS or ERS) in your S.A. to earn 4% per annum. Instead, excess funds will now be put in your O.A., earning you a mere 2.5% per annum.

It's time to think about how you can do better with your hard earned money that's been stashed away in CPF!

REPs (Resale Endowment Policies) are really a safe, fuss-free way of earning 4-7% annually.

Whatsapp or message for a no obligations chat.

16/04/2024

Achieving your goals is much easier with REPS. Through the discipline of consistent savings, you would be surprised by how much you can achieve by setting aside a small amount every year over time. By choosing the right instrument to invest in, you can make your savings work harder for you.

14/04/2024

Applications for 1-Year T-bill (BY24101X) are now open till 1-2 business days before Auction date on 18 April 2024. Do remember to apply if you are keen!

11/04/2024

In my last post, I shared about Ben and his target of S$100,000 in 20 years' time for his Iskandar home upgrade! If he buys over a policy which was incepted 6 years ago, he is able to achieve his target in 14 years with just an initial sum of S$30,651 and 4 payments of S$6058 over the next 4 years!

10/04/2024

Wishing all our muslim friends, a very !
Enjoy a day of feasting and good fellowship :)

09/04/2024

Ben plans to retire across the causeway when he is 65. That's in 20 years time. He wants to add an extension to his home in Iskandar and estimates that it will cost about SGD 100,000.

Here are the 𝗧𝗼𝗽 𝟯 𝗧𝗶𝗽𝘀 for him to build that $100K.
1. Cut back on the little "luxuries" - believe it or not, but those cuppas can really add up;
2. Make sure that all savings, including Emergency Fund, are earning the best possible interest rate;
3. Invest in an endowment plan which matures in 15-20 years.

In my next post I'll share a REPs plan that can give Ben that $100K that he will need to make his dream home come true. Watch out for it! :)