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?
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