facebookIf I'm risk-averse and need the sum of money in about 3-4 years time, should I just leave it in the bank or can I consider investing in bonds, e.g. Endowus' 100% Cash Bond Portfolio? - Seedly

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Anonymous

11 May 2020

Robo-Advisors

If I'm risk-averse and need the sum of money in about 3-4 years time, should I just leave it in the bank or can I consider investing in bonds, e.g. Endowus' 100% Cash Bond Portfolio?

Discussion (5)

What are your thoughts?

Lim Boon Tat

Lim Boon Tat

10 May 2020

Level 10·Mathematics at Cambridge University

Really depends on how much capital you have. You can try Singlife, that's offering 2.5% on the first 10k. From a read of the website, it seems fairly liquid, with no penalties for early withdrawal, and interest is deposited in your account monthly.

Endowus user here.

somehow i cannot paste the link here or it will link to a different site.

so, please check out the historical performance, if you trust them.

https://endowus.com/how-we-invest select "very conservative".

historically for cash 100% bonds, any 3 year period will give decent returns. but this is not to say there will be no flacuations or the future will be the same.

endowus and endowment plans required min $10k to start. that is something you may have to consider.

something to ask yourself is, are you happy with 1% interests for FD. if it is so, there is no need to take on additional risks.

something else i am using or consider to use are: singlife and stashaway simple.

because no min sum to start.

hope this helps.​​​

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