facebookHi, DBS FD has fallen. Are any other investments platform alternatives to park your cash or stay with DBS FD? - Seedly

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Alcander Seow

Environmental Engineer Minor in Business at Nanyang Technological University

Edited 16 Dec 2024

Students

Hi, DBS FD has fallen. Are any other investments platform alternatives to park your cash or stay with DBS FD?

Hi,

DBS Fixed Deposit Interest Rate has fallen from 3.20% to 2.45%. Would you still park your cash ($1k~10k) there or seek other alternatives?

If going for the latter, what are some alternative that is low-risk, more captial presevation(guarantee) for a Uni Student to park their Bursaries and Cash for short to mid horizon term (2~5yr), ($1k~$10k)?

Discussion (3)

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Ssb would be more low risk. cash management accts do sometimes flunctuate as well.

Singlife, T-bills, SSB...

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