Looking to save up some money for 4-5years, are there any recommendations? Should i consider getting endowment plans?

IMO, avoid endowments.

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On top of what Chris & LD have brought up (low liquidity & rates):

• Potential loss of Opportunity Cost

4-5 years is still considered as short term. For an endowment to be worth your while (decent rates), the time horizon is usually 15 years or more. But that means locking up a portion of your funds beyond your current horizon of 5 years. This may cause you to lack the funds necessary to take advantage of the moment.

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Would recommend robo-advisors as they provide relatively high liquidity.

Hi ZF,

Hi ZF, I am somewhat similar in your position too but for my case, I throw the money into Syfe Balanced Portfolio as I bare to take risks for the next 4-5++ years.

I do have some liquid endowment plans for my emergency funds.

If you have buffer in term of time and cash, just my opinion, don't put all the money into cash management.