Advertisement

Anonymous

26 Apr 2022

∙

General Investing

If I want to grow my money within DBS/POSB services for a tenure of 4 years for a non-Singaporean here in Singapore, which is the best option for me?

I have used POSB SAYE before, saving 1K a month for two years. Now I have taken the bonus interest and now have the lump sum. Where can I take this money and the 1k a month that I want to continue saving if I want to use the DBS/POSB services only? I'm not expert on this kinds matter that's why I don't want to complicate it using other banks or services. I just really want to grow my money being a foreigner here in Singapore.

Is it good to just return to the POSB SAYE for another two years or are there other better option for me? I read that the SAYE account is best for someone who needs to start somewhere but now that I have something, what can I use? Is the DBS Fixed deposit any good? How is it compared to SAYE?

Thanks

0

Discussion (0)

What are your thoughts?

Learn how to style your text

Write your thoughts

Related Posts

For non-singaporeans who wish to purchase hospitalisation coverage in Singapore, what's the best insurance plan? And if turn PR subsequently, is there any difference with the available choices?

What to do with the CPF money in Singapore for a Singaporean married to a foreigner while living overseas. She found out she has cancer. Is withdrawing the best option she is covered under private insurance overseas?

School loan repayment has been extended to next year. How can you better utilize the money within a year (to grow the money) other than a high-interest savings account?

What career options do I have if I choose to leave the service? (31 years old, SAF officer, engineering degree, married with no kids yet and BTO flat ready by 4 years later)?

Is there any blog that talk about how fresh grad cope with personal finance (how to pay off student loan, how to save money, etc) for foreigners in a non-Singaporean perspective. thank you?

Related Posts

For non-singaporeans who wish to purchase hospitalisation coverage in Singapore, what's the best insurance plan? And if turn PR subsequently, is there any difference with the available choices?

What to do with the CPF money in Singapore for a Singaporean married to a foreigner while living overseas. She found out she has cancer. Is withdrawing the best option she is covered under private insurance overseas?

School loan repayment has been extended to next year. How can you better utilize the money within a year (to grow the money) other than a high-interest savings account?

What career options do I have if I choose to leave the service? (31 years old, SAF officer, engineering degree, married with no kids yet and BTO flat ready by 4 years later)?

Is there any blog that talk about how fresh grad cope with personal finance (how to pay off student loan, how to save money, etc) for foreigners in a non-Singaporean perspective. thank you?

Advertisement