Hi, i’m currently serving national service with about $500-1000 of spare cash. I’m looking for short term investments. any suggestions? I’m also currently investing in etherum. any thoughts?

Doesn't make much diff, if short term

Hi anon, there are many great answers that already answers your question. Thus, I would like to offer an alternative insight. I would suggest that you should invest for the longer term and not look to make quick profits.

​

Considering that you are in National Service, I will be making a few assumptions that you do not have much savings. Thus, while ethereum may have extremely high potential returns, it may not be suitable for you.

​

here are some alternatives that you can consider

If you do not need the money in the near term, dollar cost average into an ETF tracking the S&P500 or world index. this will give u decent growth over a long period.

​

However, if you need some dividend payout, I would recommend investing in a REIT etf or singapore blue-chips.

​

Alternatively, you can opt for a mix of the two (like 70-30, 60-40 ot 50-50 allocation)

​

If you really need the money in the next few years and cannot afford to lose anything, stick with kenneth's suggestions.

​

As I am unclear about your investment objectives, I am merely giving you suggestions based on my experience, choose something that you are comfortable with and matches your objectives. hope this helps!