Hmm, why not unlock a 3rd category to get high interest up to 100k?
Tips to unlock DBS Multiplier
View 3 replies
Pang Zhe Liang
27 May 2020
Senior Financial Services Consultant at AIA Singapore Private Limited
Firstly, we need to have a complete understanding on our cashflow. Through this process, we will understand our earning ability and spending habit.
Here is a Guide:
Thereafter, we need to determine whether you need so much liqudiity in the short-term. Otherwise, you may wish to consider to park part of this suplus into other financial instruments that is capable of helping you reach your goals.
For example, you may wish to shift part of this money (if available) to help you get a headstart for retirement planning (or whatever purpose, depending on your needs).
As for investment, I will suggest for you to have a well-defined investment objective before you start investing. Through this process, it keeps you in check whenever you face uncertainty.
I share quality content on estate planning and financial planning here.
Write your thoughts
ANNUAL MANAGEMENT FEE
$1000 to $1357.40
EXPECTED ANNUAL RETURN
Web and Mobile App
DBS/POSB Multiplier Account
Standard Chartered JumpStart Account