facebookI'm a 26 y/o with 0 debt and 100k in my bank. I've been working 2 years and am drawing 3.7k. Currently my money's in DBS accounts, with >50k in Multiplier. Should I move it to SC Jumpstart? - Seedly

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          Anonymous

          29 Sep 2020

          Random

          I'm a 26 y/o with 0 debt and 100k in my bank. I've been working 2 years and am drawing 3.7k. Currently my money's in DBS accounts, with >50k in Multiplier. Should I move it to SC Jumpstart?

          Any advice what I should do with my money? Singlife? Or should I start investing? I'm thinking of going back to school in a year or two, which will mean little/no income and SCHOOL FEES. Any help would be greatly appreciated!

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              Discussion (1)

              What are your thoughts?

              First off, congrats on hitting 100k! Check how much interest you are getting on DBS multiplier. If you are at the cap, move 20k into Jumpstart and 10k into Singlife.

              For investments, you can explore stashaway (fuss free, low effort, low minimum), Endowus (Higher miniumum amount but you get to invest into institutionalshare classes of active funds) or look to invest in an Index fund. Since you might we going back to school, suggest you keep aside a pool of money since you wont have income for when you are studying.

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