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For someone with S$10,000 sitting in cash, how would you split it between a high-interest savings account, fixed deposit, T-bills and ETFs?

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🎉 Encourage Raymond T A Ang by liking their first comment!

Be honestly, there's no high-interest rate in savings account, fixed deposit in the market right now, I will suggest you go into blue chip stock, for dividends. And of course, there's a risk too.. ;)

🎉 Encourage Eric H by liking their first comment!

I’d keep some in savings, put a bit in T-bills or fixed deposits, and invest the rest in low-cost ETFs for the long term.

I assume you have emergency fund of at least six months worth of your salary.

If you are young and the 10k is not going to be used in near future, then you can consider all DCA into stocks and ETFs.

If the 10 k is meant for near future use, then you should put it into the safer asset like fixed deposit.

Kent Toh

13d ago

Consultant at Sprinklr

Its always about age. The younger ones can be more aggressive, more equities.

I almost never consi...

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