Advertisement

Anonymous

06 Sep 2021

∙

Planning to save some money for buying a house in 1 year time. Should I be putting the money into Syfe Cash+ or keep in a savings account?

Syfe Cash+ or keep in a savings account?

6

Discussion (6)

What are your thoughts?

Learn how to style your text

Li Elizabeth

01 Aug 2024

Research tbills

Reply

Save

Darren

10 Sep 2021

Mechatronics Engineering at Nanyang Technological University

You can consider singlife.

Syfe Cash+ is not capital guaranteed and there is a chance you'll lose money since you technically bear the investment risk yourself.

With such a short time horizon, I would suggest you to go for safer savings options with decent returns.

Reply

Save

Wake Up Your Dollar

Edited 06 Sep 2021

Hi, I would suggest Syfe Cash+. Even if the real returns of cash+ falls below their projections, it ...

Write your thoughts

Related Posts

Should I park my savings in high interest savings account or Syfe Cash+ for wedding and buying house in 1-3 years time?

28 Singaporean planning to return to SG very soon - was living in UK for studies&work. Managed to save about 100-150k SGD in cash. Planning to buy a house in ~3 years where should I put my money? CPF?

Hi! We have about 40k in cash in various bank savings account. Is it wise to invest it right now? Keeping in mind I just worked for 3 months (fresh grad) and am planning to get married next year.?

I’ve been saving so much money which i opened up two bank accounts which combined both have about $50k. I’m planning to get married in 2.5 years time. Should i start investing?

Should I use Syfe REIT+ if I have I’m planning to put low capital (1-2k) in it? I heard REITs are not useful for low amount. Currently at a young age with risk appetite and savings accounted for alr:)

Related Products

Syfe

4.6

933 Reviews

Syfe

ETFs, Equities, Bonds, REITs, Gold

INSTRUMENTS

0.4% to 0.65%

ANNUAL MANAGEMENT FEE

None

MINIMUM INVESTMENT

N/A

EXPECTED ANNUAL RETURN

Web and Mobile App

PLATFORMS

StashAway

4.7

1295 Reviews

Endowus

4.7

659 Reviews

Related Posts

Should I park my savings in high interest savings account or Syfe Cash+ for wedding and buying house in 1-3 years time?

28 Singaporean planning to return to SG very soon - was living in UK for studies&work. Managed to save about 100-150k SGD in cash. Planning to buy a house in ~3 years where should I put my money? CPF?

Hi! We have about 40k in cash in various bank savings account. Is it wise to invest it right now? Keeping in mind I just worked for 3 months (fresh grad) and am planning to get married next year.?

I’ve been saving so much money which i opened up two bank accounts which combined both have about $50k. I’m planning to get married in 2.5 years time. Should i start investing?

Should I use Syfe REIT+ if I have I’m planning to put low capital (1-2k) in it? I heard REITs are not useful for low amount. Currently at a young age with risk appetite and savings accounted for alr:)

Advertisement