Have 200k excess cash in hand what to do?

I think you should keep the cash for now.

Joining premier banking gives you access to the lower tiers of perks enjoyable from the bank as compared to personal banking which is available to the general public. But i mean the banks already have all your information so they will just plug and play whichever suits them best.

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I feel that it really depends on which stage of life you are at right now, and what do you want for your future.

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Have you finished paying off all your commitments? Housing, car, big ticket items etc. Which from your post sounds like it. And if so, you need to plan if you want multiple sources of income that is passive, or lump sum.

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Then again you need to think, if the lump sum payment is out, how are you going to further grow that money, because you need to create generational wealth, for sustainability.

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With 200k you can do alot of things with it, but best not to invest it yourself in the start, unless you have a wealth of experience, and you can make unemotional decisions.

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If i were you, with 200k i would put half of it into annuities (for guaranteed income) and the other half into UTs (for safe and unlimited upsize growth)

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Let me know if you want a more in depth strategy, dont really want to make this too long 👍🏻

Hi anon,

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This really depends on what you are looking for.

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If you have appetite for risk, and are able to explore investments, then you may opt for capital gains or income investing.

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If you are looking for capital gains, you can look at the HK/US markets, or ETFs/UTs, etc. But this requires you to either A) Have time to research, monitor and enter and exit or B) get someone to do it for you.

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If you are looking at income investing, then you can explore the Singapore market, as there are many stocks/REITs that pay dividends regularly. There are also UTs and ETFs that pay monthly. Again, this requires you to A) Have time to research, monitor and enter or B) get someone to do it for you.

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If you don't have appetite for risk, you may wish to explore safer products, such as short term endowments, SSBs, etc. If your horizon is longer, you can look at annuities.

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You can also mix it up, for example, 50% in an annuity, 50% in a mixture of stocks/REITs. This gives you some safety in terms of regular payouts, and yet also allows you to capture gains when the market recovers (or have exposure to solid stocks that pay you dividends)

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Of course, what I have mentioned is just general advice and not meant to be specific to your situation. You'll have to ask yourself what you are aiming to achieve, before you will know what assets will suit your objectives. But one important thing to take note is your asset allocation. That will help you to rest easy.

Slowly invest bit by bit. buy the dips. or wait abit longer for recession to come in and then invest bit by bit and buy the dips.