Advertisement

Anonymous

11 Sep 2024

∙

How should Seniors invest?

Hi everyone, my parents have just sold their HDB and is sitting on a large amount of cash. They are afraid of risk and are hesitant to invest the money. I barely managed to get them to invest in money market funds for the time being. For longevity, how should Seniors (>65 YO) invest and what should the approach be?

4

Discussion (4)

What are your thoughts?

Learn how to style your text

Francis

02 Feb 2025

Have a mix of FD, Tbill, MMF.

Reply

Save

Karen

05 Jan 2025

Sharing Referrals at https://t.me/SgRefs

For now, can look at HSBC EGA - offering high interest rates for new fresh funds

OR consider T-bills, SSB - lower interest rates but longer tenure

Reply

Save

Ace

01 Jan 2025

TBill or SSB / Fixed Deposit ladder - i.e. reinvest when expire. If they steadily have the interest ...

Write your thoughts

Related Posts

As a beginner investor, what type of investment strategy should I use ( eg. income investing, growth investing, value investing etc.)?

How do I start investing? What should I start investing in? How much to invest and how much capital should I have first before investing?

As an investor who just started out, what type of investment strategy should I use? (eg. income investing, growth investing, value investing etc.)?

Hi Considering to invest in a Robo Advisor-mainly in US ETFs. The US mkt is at all time high. If invest a lump sum say 100K or more, would it be a good time to invest? Investing period approx 6-10yrs?

Should I invest in stashaway 36% risk or Syfe Equity 100? I plan to invest for the Long term and I am aware that stashaway invests in gold which I read that it isn’t a good Long Term Investment?

Related Posts

As a beginner investor, what type of investment strategy should I use ( eg. income investing, growth investing, value investing etc.)?

How do I start investing? What should I start investing in? How much to invest and how much capital should I have first before investing?

As an investor who just started out, what type of investment strategy should I use? (eg. income investing, growth investing, value investing etc.)?

Hi Considering to invest in a Robo Advisor-mainly in US ETFs. The US mkt is at all time high. If invest a lump sum say 100K or more, would it be a good time to invest? Investing period approx 6-10yrs?

Should I invest in stashaway 36% risk or Syfe Equity 100? I plan to invest for the Long term and I am aware that stashaway invests in gold which I read that it isn’t a good Long Term Investment?

Advertisement