Anonymous

28 Nov 2022

∙

General Investing

I have S$10,000 to play around with. Is it a good idea to put my money into low-risk cash alternatives (e.g. T Bills, Fixed Deposit, SSBs, etc) now?

Or should I increase my emergency funds because of looming recession? Any recommendations?

Full disclosure: I’m new to investing and my portfolio is down a lot due to some of my stock picks, so am hoping to be more cautious with my money.

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Discussion (45)

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JDZ

08 Jan 2023

Own time own target at Self Employed

T bills is risk free. Use CPF OA to gain extra

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Kent Toh

16 Dec 2022

Consultant at Sprinklr

Yes, low-risk alternatives. Best is to keep it liquid. No signs of recovery yet.

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JY Ng

15 Dec 2022

T bills! Seems like a good choice now and rather flexible with 6 months lock

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Calvin

15 Dec 2022

Depends on what is your goal: how much u want to gain and what risk are u willing to take.

Avoid "playing" unless your money comes easy. Hard earned money painful when lost.

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Demitri Dnomsed

15 Dec 2022

FD or T bills, u choose...

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