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Alcander Seow
Environmental Engineer Minor in Business at Nanyang Technological University
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)?
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Ssb would be more low risk. cash management accts do sometimes flunctuate as well.