fixed deposit ladder is actually stupid

i do not think it is a smart investment strategy

i think it is a stupid investment strategy

sorry for the call out

just my opinion, no hard feelings

https://mysweetretirement.com/build-passive-income-with-fixed-deposits/

doing this only makes sense if you are also limiting deposits to SDIC limits

because you are worried about bank failure

stick your money into money market funds and earn a higher rate while also being more liquid

it is actually completely unreasonable to prefer FDs unless you are an illiterate old person that dont know how to use anything except banks

relatively, FDs are illiquid with penalties, with lower rates

i guess it makes sense to prefer FDs over mmfs if you are the humji type and cannot accept a -0.01% on a day to day basis

as they say

everything is high risk

if you are a pussy

there is a strange mentally ill desire to never ever have any negative days

 

id just say

that in this world of investing

and of all the different risks that exists

if the risk that a singapore bank failing is too much for you to handle and something you feel that you should be risk mitigating

then go ahead and ladder your FDs within the SDIC limit

if you are happy, the banks are happy too

win-win