facebookI'm an NSF looking to invest about $3000 of my savings, I have left $20k into CIMB FastSavers account now. What would you recommend to invest in? - Seedly

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Anonymous

11 May 2020

General Investing

I'm an NSF looking to invest about $3000 of my savings, I have left $20k into CIMB FastSavers account now. What would you recommend to invest in?

I am new to investments thus please let me know to certain context as to how I can better invest my personal investment funds. Thank you! (if there are more things you want to share, feel free to comment)

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Discussion (11)

Hi Anon,

While you explore investment options, suggest you can open a Standard Chartered Jumpstart Account if you are under 26 yo, the interest rate is 2% pa capped at 20k (what you currently have) with no hoops, much favourable than CIMB FastSaver's 1% at this point:)

You can look at blue chips such as dbs, ocbc, uob, mct etc etc. all these is a good start as they are fundementally strong and stable And pays good dividend as well. Once you are better, you might want to move over to the us market where the returns are higher.

Arpita Mukherjee

Arpita Mukherjee

14 Nov 2019

Level 8·Community Evangelist at Kristal.AI

Hi Anon,

There are plenty of safe ways to invest your money. You can go for REITs, other ETFs and ...

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