How To Build $400 Monthly Guaranteed Passive Income Using Singapore Savings Bonds (SSB) Bond Ladder!

[@deepas509]

Very useful video , can you show me clearly how to buy and sell from DBS account steps as well by link with account number

[@zhen86]

First you need to have 200000

[@DonYang73]

The first step to built passive income is to have income set aside. So for the young people out there, you have the luxury of youth and time ahead. Do not YOLO too much. Managing your lifestyle in accordance to your hopefully growing income ensures a good base or buffer which can be adjusted as you age. But if you have no buffer, you will hv no ability to adjust.

[@joshconsultancy]

Your best sharing so far DY

[@DonYang73]

@@joshconsultancy oh come on, mate. People choose to read what they choose to read. 😄😎

[@dmba2582]

Bond fund and Income fund are technically not the same thing. Bond fund by its name contains fixed income securities only, whereas income fund can contain variety of instruments . The risk factors are quite different for bond fund and income fund though they try to achieve the same objective of providing stable income.

[@joshconsultancy]

Agree with feedback. On hindsight I'd be more accurate mentioning income fund. There are few if not no monthly payout pure bond funds

[@jng6259]

can you comment if/how T-bills would complement this SSB bond ladder strategy? thanks

[@joshconsultancy]

Use of T-bills in sg is overrated. My opinion only. There is reinvestment risk once it matures. Not worth the effort to get a solution that matures so quickly

[@cbllynn]

Great video for the layman. Realistic with reference to the current allocation. Thanks so much for this!

[@joshconsultancy]

No probs lynn. Share with someone who should hear the strategy

[@tigerdiary4655]

Thanks Josh, for sharing. I did that like 3yrs ago. really give us a monthly passive income.

[@joshconsultancy]

Thanks for validating the idea Tigerdiary. See if the newest issues are better offers than existing ones and swap out like $8k worth? All the best and cya around

[@tanjem]

does it meant you bid 8k every month, you will definitely get 8k?? what if you just got 1 K only ??

[@joshconsultancy]

doesnt mean will get 8k of course. Results only at end of each month after bidding closed

[@CheahKennycheah]

Property rental to earn income so that one may b Profit from capital gain, get the tenant to sholder financial burdens, pay your property taxes, utilities, and take care of your property is not that viable any of more!

[@DonYang73]

Yes, it never really was as property today is not good investment. It is a good store of value and forced savings though.

[@buzzbunnyrabbit]

haha can see you trying out new style! loving the cha-ching effect. This video certainly got me thinking I should introduce SSB to my Dad :)

[@joshconsultancy]

Yes. Happy to hear it was useful insights

[@user-pb9vs1ms6p]

Don't be too fixated in getting that constant $400 payout/mth. It will not be possible due to unpredictable allotments. Should only buy SSB when the rates are better, and not 24 months in a row. Meaning, you would probably get fluctuating monthly coupons payout. Just do manage your own spending on this passive income.

[@joshconsultancy]

Fully agree on manage your own spending on this passive income

[@jannoriko7465]

Omg thank you so much for your video! I'm just starting how to learn how to save / invest but am intimidate by the many investment methods and the hard to understand terms!! You save me too :P

[@purpletulip7122]

I am a landlord of 2 rented out properties (fully paid) and a working adult too. You are spot right that the main bulk of the rental goes to property taxes, income taxes, maintenance, commission. Though I like the capital appreciation of the properties, I also thought if it is wrong for me to keep them. Perhaps it is better for me to sell them and put them into ETFs, Stocks, T bills etc to generate altenative passive income. What do you think?

[@joshconsultancy]

Will Need more info. This sharing might fit what you are looking for “1.1m Savings, should buy 2 properties?” kzbin.info/www/bejne/Zpakh4iXf8-InbMsi=Q_F04FZUkaxEI38d

[@dehonglim8843]

Withdrawal of CPF excess above FRS / BHS at age 55 with Lease Buyback?

[@joshconsultancy]

Hmm? Not related to ssb bond ladder concept? I usuallly advocate simplify and go w ERS

[@nicholaschua7269]

Like to inquire ie: say in that year the interest is 2.6% and the pay out is.. 2x a year of the 2.6%. Or the total payout for that year combined is value of 2.6%?(1.3%x 2 payout) Thank you

[@joshconsultancy]

1.3% each half year

[@oklah55]

Hi for SSB, $200,000 max limit is for per purchase or is individual max amount to buy SSB.

[@joshconsultancy]

Max per individual

[@ChoseNTuber]

u get nothing, the coupon rate is to fight inflation to keep purchasing power constant... If you spend it, then you're just lying to urself as the 200k today buys 40k big macs today will only buy 37k big macs 10 years down the road

[@joshconsultancy]

You get guaranteed cashflow with guaranteed interest. Not for wealth building. We've got to cater for audience with different objectives and risk profile

[@rolandchia3805]

Premieres 16/08/2022 12:00 noon

[@joshconsultancy]

Yes, I prepared it before heading for a quick holiday. Hope the sharing a good and smash the LIKE 👍😃

[@alsg0403]

Thanks for creating this video and compiling this information. The visuals are extremely useful for beginners like me.

[@joshconsultancy]

Sure. All the best =)

[@DonYang73]

Property rental can be a headache. My passive income of >$20k per month is a combination of funds, equity and fixed income and FDs. Target is to push it to a very comfortable $25k per month at least by the time i am 55. Just nice ready for retirement.

[@joshconsultancy]

Your expenses currently (excluding mortgage) is $25k/m?

[@elak8821]

May I know what is the total sum invested to get >$25k per month passive income?

[@takanna]

凡尔赛 detected.

[@AhWing89]

Wah, a lot sia.

[@DonYang73]

@@joshconsultancy i do not have a mortgage. My monthly expenses are about $12k. I have been 100% debt free since age 38yrs old about 10 yrs ago.

[@ethanf.6848]

MAS can adopt the squirrel mascot from POSB.

[@PowerOfDeathZ]

Wow didn't realize it is so difficult to get the allocation on SSB, might reconsider building the bond ladder...

[@joshconsultancy]

Getting abit easier. Less popular than befofe

[@apul666]

Guranteed cashflow yes..But for building wealth SSB is a joke..You get better ROI elsewhere.Personally I dont recommend for younger peeps.Josh must around mid 40s to talk about this crap..Love you Josh no offence..Peace!

[@joshconsultancy]

Not really peaceful sounded S. Didn't mention it as a building wealth method. Already highlighted here Singapore Savings Bond (SSB) Rates And Allocation Dropped! Do Not Apply Until You've Watched This... kzbin.info/www/bejne/fnbbiZiMa7Rkr7c

[@meer42209]

He never said build wealth. He said passive income. SSB is a way to diversify your portfolio. But judging by your attitude in the comment, you don’t seems like a disciplined investor. Unless you hit a nice luck, you will be an average investor at best.

[@tanjem]

well, what if inflation is 20 or 30 % by year 2 or year 3 ?? and you collecting 2.xx percent ?? arent that a joke ??

[@joshconsultancy]

Noted but inflation may not necessarily stay high forever... there could even be periods of deflation. No one knows for sure. But the SSB as I've presented is best for emergency cash. Hope it clarifies

[@avenkatesh]

Thanks Josh Tan for these useful content. I have a question. Can I do a partial redemption of my Bond ? eg. just 25% of initial investment to make a re-investment.

[@joshconsultancy]

Yes you can. In sizes of $500

[@gabrielmurdoch4314]

Very insightful...

[@purpletulip7122]

why SSB and not t bills which has higher interest? can do laddering with T bills too .

[@joshconsultancy]

Ssb is a long term solution 👌🏻

[@siewgektay3581]

Kindly guide how to apply SG Tresury-bill using CPFIS, thanks

[@joshconsultancy]

Unfortunately I havent tried it before. Not likely to try purchasing it also as I dont think it's of much use in the overall wealth game coz its too short (too much work unlike SSB and has reinvestment risk) and does not build wealth

[@hhspore]

Wah I think the amount of work and monitoring the bond ladder is just not worth the time and effort.nfact, when I was allocated 9K Spore Savings Bond in the recent August bid, I thought i would be better off if I did not get the allocation at all😏

[@joshconsultancy]

LOL okok no probs on ur POV

[@rosiepatrick2775]

This video has taught me a lot if your are not investing you are missing

[@mysticery]

How do they determine how much can be bided per person?

[@joshconsultancy]

Balloting results decided by gov

[@Juveys]

Hi Josh, on the interest pay out, will it be automatically credited to you bank account, or the interest will be added into SSB that you have purchase?

[@joshconsultancy]

Coupon is paid out. You can also set to which bank account by tagging it on CDP online I believe. Hope it answers

[@lkc4me]

Tried buying SSB but didn't get the full allocation.

[@joshconsultancy]

Yup, in this video the amounts are targeted at $8k

[@StephenChongProperty]

Hi Sir… May i ask the reason why the first year for SSB I get is only 1+%?

[@joshconsultancy]

2.63% for first year for this issue. 1/2 yearly coupon. Divide it by 2 k

[@StephenChongProperty]

@@joshconsultancy but I check on my upcoming payments, the chart shows me a much shorter bar for my first year. I am wondering about this. But too bad I can’t snapshot to post it here…

[@LeakyBucketsg]

Thank you Josh for sharing

[@VamboraSingapore]

For other government bonds that don't have the 200K limit, what would you suggest to stack on top of ssb ladder? Particularly for folks looking to retire in 10-12Y aiming for 1000/mo fixed income?

[@HappyCoachYuantai]

bonds are currently giving in the 2+% range. for a 10-12 year run way i would suggest u can explore lump sum annuity.

[@joshconsultancy]

For bonds the key is understanding and being comfortable with issuer risk. If not bond funds (being innately diversified might be simpler)

[@gsagum]

Too many applying for SSB already. my CDP account has not been approved yet.. i emailed sgx and they confirmed they have been receiving too many applications since last month. Also the allocation is very small.

[@HappyCoachYuantai]

yup it is heavily oversubscribed at the moment. u should consider other options to deploy your funds.

[@joshconsultancy]

you did online method? Surprised...

[@krrajandran4565]

If you applied early this month approval is likely to come after the closing date for the SSB for the month typically on the day after closing. That was my experience.

[@MrDarkness1980]

T-bill is higher rate , and got 6 monthly and no limit so far

[@joshconsultancy]

Reivestment risk after 6mth. Not worth the effort imo coz these are best used for emergency cash

[@alexsim2217]

Hi,,,would it make a significant difference for RA to be $198k and $298K,,,and what can $100k be invested to give $700 of passive income per month?

[@joshconsultancy]

Investing has risk. RA ERS is PURE RISK FREE. Hence i like it even as an investor

[@alexsim2217]

@@joshconsultancy So, if I can afford RA ERS, I should go for it, correct?

[@RebeccaDinsey]

Do you have to be in Singapore?

[@joshconsultancy]

Need a singapore bank account and CDP account

[@jackielee3949]

what happens to SSB if one suddenly pass away?

[@joshconsultancy]

I believe its like stocks in CDP. Will form part of estate

[@popocucu7749]

Is it open for non Singaporean investors...

[@joshconsultancy]

Yes. Need to open CDP account first and via OCBC/UOB/DBS

[@leeyuenyun]

Thank you for sharing Josh :)

[@joshconsultancy]

No probs :) share with someone to hear and learn too

[@squiggy18]

Thanks for the video! I feel more confident that I am on the right path now.

[@joshconsultancy]

Glad it was helpful! Share with someone too =)

[@singaporefoodreview9591]

Another power video by Josh ... thanks

[@joshconsultancy]

Thanks for the high praise

[@bloggeraldwin]

Funds is 0.1% per month

[@joshconsultancy]

funds?

[@weideliu2878]

From start till now, the highest allocation I get when interest rate is good is $15000. It take u like 1 years plus to reach the 200k limit

[@joshconsultancy]

24 months. described in video

[@AhWing89]

Great video! Btw, can do a video on MLT?

[@joshconsultancy]

Not in pipeline yet but great to cya around WK

[@AhWing89]

@@joshconsultancy Great to see you too. Thanks for all the great video.

[@elbertpoh8378]

very hard to buy SSB

[@joshconsultancy]

V easy to buy. Only hard to get big allocations

[@meer42209]

Very easy. Read up.

[@richemon2524]

Hi, Josh, its a Interesting strategy, thanks! Does the interests earned from SSB throughout the months taxable?

[@joshconsultancy]

Sg financial assets are not taxable

[@richemon2524]

Hi again Josh, i read that the interest will be payout every 6mths, so it will auto credit the interest earned into ur Bank acct or SRS acct when its 6mths is up? OR It will 1 lump sum payout the total interests earned when u want to redeem (surrender) the SSB or when u hold until Maturity?

[@aikpengng7690]

great video but no one know the subsequent interest rate for 2023 and 2024 SSB issues. It could be as low as 1% instead of current high 2.x% on the average.

[@joshconsultancy]

Thanks. Understand. But its likely allocations wont be bigger than the $8k/$9k range I assumed. So we have to work with a realistic target

[@money3ss]

Buy 3100 DBS n 120,000 Lendlease Reit with $200K, Annual is $11k. 2.4x payout, of course with risks but it's worth it...

[@joshconsultancy]

Hmmm!!! As long as you know them deep enough. Not investment advice