My hubby and I will get a home in a year. Our renovation budget is $50,000. We are saving $4,000/month. Instead of keeping the money in a savings account, how should we invest it even for just a year?

Try the robo-advisors cash/money market funds, which are relatively safe (even if crash, will recover in matter of weeks).

Singlife Account, short term endowment plans.

Savings account?

• Singlife 2.5% p.a ((first 10K only))
• Standard Chartered Jumpstart 1% p.a

Hmmm if you’re ok with dealing with some risk -> Robo Advisor!!

Going to disagree with all the above answers. Would say put into a robo cash fund account with a projected return 2% would be q safe.