facebookCan anyone recommend me where to put down a $20k sum, not looking to invest it, just want to save. Looking for a FD or a high saving account. I already used up the Singlife 2.5%. Any other place? - Seedly

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Can anyone recommend me where to put down a $20k sum, not looking to invest it, just want to save. Looking for a FD or a high saving account. I already used up the Singlife 2.5%. Any other place?

Discussion (4)

What are your thoughts?

Hey there!

You can opt for saving plans that allow for single premiums if that works for you.

Financial planning is an integral part of life. You can reach me here to find out more.

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Hello! I think stashaway is a good place to put your extra fund at the moment given the low saving rates environment.

To hedge against inflation, I have been DCA-ing $300 into one of the core portfolio. There’s is a bar which allows you to adjust your risk appetite. Those with the lowest risks would buy into government bonds; while those with the highest risk index would buy into US & China equities, and Gold, etc.

There’s currently free management fee for 6 months for anyone that signs up with the link below:
https://www.stashaway.sg/referrals/peiyul296n

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