Advertisement

Anonymous

31 May 2020

∙

General Investing

I have 40k savings plan maturing soon this November. Any good recommendations on what to do with this spare money? And what to avoid?

6

Discussion (6)

What are your thoughts?

Learn how to style your text

Sharon

28 May 2020

Life Alchemist at School of Hard Knocks

It depends whether you want to learn how to invest. If you are risk-adverse, don't want to & the savings plan gives you a decent return, probably good to invest it back with the company.

Reply

Save

View 2 replies

Tay_WenHao

27 May 2020

Need more context. What are your other assests? Any other investment? How much you have in savings?

Reply

Save

View 2 replies

Write your thoughts

Related Posts

28 Singaporean planning to return to SG very soon - was living in UK for studies&work. Managed to save about 100-150k SGD in cash. Planning to buy a house in ~3 years where should I put my money? CPF?

What should I do with my money? My situation: I have about 20k in my savings account, and I plan to keep about 5k-10k as emergency funds. I'll be beginning my NS journey soon, then university after. ?

I'm a 27 y/o beginner and recently started investing in DBS's ETF regular savings plan. Could you give some advice as to when is a good time to cash out your money?

Is endowment plan a good way to save money?

My dad is 70 this year and has around $40k of savings for retirement. He does not have a hospital plan and getting it now will be too expensive. What are some ways to grow his money?

Related Products

Standard Chartered JumpStart Account

4.8

782 Reviews

Maximum Interest: 2.50% p.a. for balances up to S$50,000

INTEREST RATES

$0

MIN. INITIAL DEPOSIT

$0

MIN. AVG DAILY BALANCE

StashAway

4.7

1295 Reviews

Endowus

4.7

657 Reviews

Related Posts

28 Singaporean planning to return to SG very soon - was living in UK for studies&work. Managed to save about 100-150k SGD in cash. Planning to buy a house in ~3 years where should I put my money? CPF?

What should I do with my money? My situation: I have about 20k in my savings account, and I plan to keep about 5k-10k as emergency funds. I'll be beginning my NS journey soon, then university after. ?

I'm a 27 y/o beginner and recently started investing in DBS's ETF regular savings plan. Could you give some advice as to when is a good time to cash out your money?

Is endowment plan a good way to save money?

My dad is 70 this year and has around $40k of savings for retirement. He does not have a hospital plan and getting it now will be too expensive. What are some ways to grow his money?

Advertisement