DollarsAndSense.sg - Helping People Make Better Financial …
DollarsAndSense is Singapore's leading personal finance website, created to help you make better financial decisions.
How Much Money You Should Have In Savings (And/Or …
Apr 23, 2024 · 2013. 25.2%. 10-Year Average Savings Rate. 34.1%. Source: Department of Statistics Singapore. Since the 1980s, the personal savings rate has been steadily increasing. More recently, from 2010, our personal savings rate has drastically risen. Up until 2019, it was hovering around the 25% to 29% range.
$773 To $3,015 A Month: Here's How Much You Need To Spend …
Jul 11, 2024 · On average, each retired person, living in a household comprising only non-working persons, would need to spend $1,298 per month. Quite logically, those who live in HDB flats will spend less. Those living in the smallest 1- & 2-Room HDB flats will spend approximately $773 each month. Even those living in 5-Room and Executive HDB flat can expect ...
The Best (And Cheapest) Mobile Plan In Singapore? Why I Think …
The source of the information is from this article: Best SIM-Only Plans In Singapore cheatsheet and we refer to it for a more comprehensive comparison. Here are a few observations to highlight. While most telcos offer contract-free plans, some may require us to sign a 12-month/24-month contract to enjoy additional benefits.
Here Are 10 Investments You Can Make With Your SRS Account
Read Also: Robo-Advisors In Singapore (2020): What You Need To Know Before Investing #8 Unit Trusts/Mutual Funds. We can also invest in unit trust and mutual funds with our SRS funds. Remember, this extends to unit trusts outside of the three SRS administrators – which means we are not limited to investing in unit trusts that are sold by them.
Singapore Online Stock Brokerage Account Fees Comparison …
For many online brokerages, there may not even be an offline trading option. Here is the list of major stock brokerages in Singapore, and the commission fees that they charge. Brokerages. Account Type. Trading Fees. Min. Commission Fees. CGS-CIMB Securities. Cash Account. Below $50,000: 0.275%.
6 Investments In Singapore That Provide Guaranteed Principal And Returns
Oct 7, 2024 · The latest SSB issue in October 2024 is offering a 10-year yield of 2.56% p.a. If you hold the SSB for only one year, you can still earn 2.25%. In the current interest rate environment, the 1-year SSB return is very close to the 10-year average return. This truly speaks to the “higher for longer” interest rate outlook.
Guide To Buying US T-Bills For Singapore Investors - DollarsAndSense.sg
Apr 13, 2024 · Singapore investors can invest in US Treasury Bills (T-bills), and potentially earn higher interest rates and gain exposure to the world's reserve currency.
Money Archives - DollarsAndSense.sg
Guide To The 50/30/20 Budget Rule, And How It Helps You Save For The Long-Term. Saving and investing 20% is important, but spending 30% on your wants is what adds enjoyment and purpose to life. By DollarsAndSense.sg. More Posts.
Retirement Planning Archives - DollarsAndSense.sg
Retirement Planning In Singapore: How Much Do I Need To Save And Invest To Retire At 55? Assuming an expenditure of $2,357 per month, we will need between $450,000 and $600,000. By Timothy Ho.