Hi! If i hv $200k, And i am foreigner working here. can some one suggest me some good safe investing plans that can genrt good monthly income 1k-1.5k per month for family utility expanses in Singapore

Fixed deposits

Certainly, investing for monthly income is a common goal. Here are some considerations for your situation:

1. Fixed Deposits: Consider Singaporean bank fixed deposits. They are relatively safe and offer interest income. However, the interest rates may not be high, so the income may be limited.
2. Bonds: Singapore government bonds or corporate bonds can provide regular interest income. They are generally considered safer than stocks but may have lower returns.
3. Real Estate Investment Trusts (REITs): Singapore has a robust REIT market. Investing in REITs can provide regular dividends, and some REITs offer monthly payouts.
4. Dividend Stocks: You might consider investing in dividend-paying stocks listed on the Singapore Stock Exchange (SGX). Look for companies with a history of stable dividends.
5. Unit Trusts/Mutual Funds: Some funds focus on income generation. These funds invest in a diversified portfolio of assets, including bonds and dividend-yielding stocks.
6. Consult a Financial Advisor: Given your unique situation as a foreigner in Singapore, it's advisable to consult a financial advisor who can assess your financial goals, risk tolerance, and tax implications. They can provide personalized advice.

Remember that while generating income is essential, it's equally crucial to balance your portfolio for growth and safety. Diversifying your investments across different asset classes can help manage risk while working towards your income goals.

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I am currently a Financial Advisor as well, so feel free to reach out to me on IG (@ngooooied) if you have any further questions！

Can be done using reits but with all investments, there's a degree of risk to your base capital

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If you are looking towards risk free or lowest risks, high yielding bank accounts (if criteria are met) or something like Syfe's cash+ guaranteed can be looked into. They won't hit your target of 1-1.5k income a month based on your stated capital amount. If you want this level of passive income you'll either need a higher capital base or need to take more risks with your investments.

Generating $1k/monthly from $200k base means you are expecting annual 6% returns (guaranteed and safe). the closest safe plan is UOB One (effective interest of 5% if you meet criteria, up to max 100k)