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Anonymous

02 Jan 2021

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Hi, an undergrad here. Just like to get some opinion on whether investing a lump sum which is meant for tuition fee loan repayment in 2 years time is a wise choice after setting aside emergency fund?

My thought is to maximise return during this two years to pay off more instead of putting in bank or low return accounts.

Any suggestion on whether should I be build a conservative or aggressive portfolio given this short time frame and uncertainty ahead?

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Wong Zhi Bin

27 Dec 2023

If safe return is higher than interest charged, you know the answer

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Lai WanQi

02 Jan 2021

Can try Singlife or Stashaway. I’m also undergrad so i need something which is more liquid and the above offers me that with a higher interest as compared to putting it at the bank

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Jiayee

30 Dec 2020

Salaryman at some company

Been through the same experience as you. What I did back then was to put my savings into Singapore S...

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I am a 28 yo and have accumulated about $40k in savings, after setting aside the amount for tuition fee debt (10k, 1 year interest free) and emergency funds (10k). How should i invest this $40k?

Should I invest my 30K or should I use it to repay my tuition fee bank loan in one lump sum?

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I have a lump sum of 25k to invest with right now, period of investment is roughly 5-7 years for extra funds for hdb when i get to 35. Hoping to get some decent returns, any recommendations?

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