{"id":2438,"date":"2024-06-04T11:55:31","date_gmt":"2024-06-04T03:55:31","guid":{"rendered":"https:\/\/www.wealthfor.us\/article\/?p=2438"},"modified":"2024-06-04T11:55:31","modified_gmt":"2024-06-04T03:55:31","slug":"just-t-bill-and-chill-is-it-a-good-idea","status":"publish","type":"post","link":"https:\/\/www.wealthfor.us\/article\/just-t-bill-and-chill-is-it-a-good-idea\/","title":{"rendered":"Just \u2018T-Bill and Chill\u2019: Is It a Good Idea?"},"content":{"rendered":"

‘T-bill and chill’ refers to investing in treasury bills and then doing nothing (or chill) while reaping the steady interest payout from these T-bills. With Singapore T-bills yielding close to 4% in recent auctions, should we just ‘T-bill and chill’? It is an almost risk-free investment with guaranteed principal and interest payouts. The yield is also very competitive. What else do we want? Let’s consider its pros and cons to see if ‘T-bill and chill’ suits you.<\/span><\/p>\n

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The Good<\/h2>\n

The yield on T-bills has hovered close to 4%, <\/span>a level that is among the highest in recent years.<\/span><\/p>\n

\"T-bills
6-month T-bills historical yield chart. Source: Singapore T-bills interest rates<\/a><\/figcaption><\/figure>\n

T-bill is a short-term <\/span>Singapore government bond<\/span><\/a> backed by the credit of the Singapore government. This is as risk-free as you can get in the market. With such a relatively high yield, T-bill is a competitive option for investors seeking to preserve capital.<\/span><\/p>\n

And here are the key features that we think investors should know before doing ‘T-bill and chill’:<\/span><\/p>\n