Extra Funds : Cash Management Fund vs Low Risk Investment

Hi Seedly Folks,

I have some funds aside for emergency funds into insurance saving accounts, 8 years + investment long term for houses, and insurance is already covered.

I am thinking to put the extra funds into low risk investment , (for example : Syfe low risk or StashAway) in the next 4-6 years. (I think that putting into Cash Management is a bit waste as I don't need the funds in the next 2 years or around as I can stomach that kind of risk level).

Do you think that would be good ?

Much appreciate your opinion folks.

Thank you.

Discussion (3)

What are your thoughts?

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PolicyWoke

08 Jun 2021

Turbo-charge Your Savings with REPs at PolicyWoke

Hi Anonymous,

We do have clients who bought _resale _savings plans from us for milestones such as houses and retirement.

To summarise, _resale _savings plans are those that were sold to us by original owners, and are then put up on our website for resale, for new owners to take over. Some of the plans are about 8 years left to maturity, which matches your target horizon for houses.

For more information on how it works, you may contact us via our website, Facebook or Telegram.

Disclaimer: PolicyWoke is a resale savings plans broker

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Tan Choong Hwee

06 Jun 2021

Solutions Specialist at Providend

I consider 4~6 years as mid term time horizon. Perhaps a 60% equity 40% fixed income portfolio can serve the purpose. You can go with any of the robo advisors for such portfolio.

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