Dear readers, it has really been some time since I have taken a look at the Singapore Savings Bonds. Since the last time I blogged about Singapore Savings Bonds, I have noted that the return yields of the bonds have been reduced significantly. And I thought that this is inevitable given the current economical outlook. But when I took a look at the returns of the August 2020 Singapore Savings Bonds, I was even more surprised since the returns were really more humble than I thought.
The average return per year if you are to hold the Aug 2020 Singapore Savings Bonds are:
Year 1: 0.27%
Year 2: 0.31%
Year 3: 0.37%
Year 4: 0.44%
Year 5: 0.51%
Year 6:0.59%
Year 7: 0.67%
Year 8: 0.76%
Year 9: 0.85%
Year 10: 0.93%
So means to say, if one is to hold the Singapore Savings Bonds for the maximum 10-year period, the average return is less than 1 % per year. This return to me is a tad too low. And I am only glad that my purchase of the Singapore Savings Bonds was when the average return for the 10-year period was between 2% to 2.1%.
I always believe that when opportunities present themselves on the stocks or bonds front, we should grab these opportunities fast.
On the stocks front, I believe investors should now prepare an investment war chest or to build an even bigger one so that we could invest in the stocks markets during market corrections and take opportunities of the discounted stock prices when many investors have left.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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