HIGHER interest rates are making fixed-income investments more attractive than they have been in years. Who doesn’t like the idea of making 3 per cent to 4 per cent without doing anything?

First-time investors should take advantage of the higher rates to learn a little more about active portfolio management; but this should be a stepping stone to other kinds of higher-yielding investments.

The 10-year Singapore Government Securities were paying 3.08 per cent per annum in June 2023.