facebookI am a 28 yo and have accumulated about $40k in savings, after setting aside the amount for tuition fee debt (10k, 1 year interest free) and emergency funds (10k). How should i invest this $40k? - Seedly

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Anonymous

01 Jul 2020

General Investing

I am a 28 yo and have accumulated about $40k in savings, after setting aside the amount for tuition fee debt (10k, 1 year interest free) and emergency funds (10k). How should i invest this $40k?

I have been working for 3 years, am currently drawing about 4k after cpf and saves 3k each month. I don't have a fixed time frame to bto a new flat, pay for wedding or start a family but reckon i probably should set aside some money for these in the next 3-5 years. I hope to also invest the future savings. What might be the best strategy to grow my money?

Discussion (4)

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Check out sgd govt tbills, for money that i wan to grow, and unsure if I might spend, and yet might need in emergency situation, I will usually put in 6 mth tbill. better rates than fd, and literally risk free

Do up a time schedule for your time events. This will include budgeting for your home and wedding co...

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