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Yogi bear

21d ago

∙

General Investing

Safe & Simple: 2.5% Returns with SqSave MoneyBox

I’ve been exploring low-risk ways to grow idle cash and came across SqSave MoneyBox, which currently offers a 2.5% return. No lock-in, easy withdrawals, and backed by an MAS-licensed digital investment manager. Anyone else tried it or have thoughts about similar cash-management solutions?

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Discussion (13)

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Wong Zhi Bin

2d ago

We must do

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Chong C

13d ago

Thanks

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Citee Hong

14d ago

Ok thanks

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Angela Lim

14d ago

Will try to find out more about it

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Jo Col

14d ago

Wow...

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For a 58 year old this year with only 35k in RA, and a liquid and safe investment of 50k that returns 2.5% annually (not referring to OA). Should we move the 50k into RA or remain?

Singlife's ADV => Earning 2.5% p.a. returns per annum. Returns are not guaranteed. How should I interpret "Returns are not guaranteed"?

REgarding Fed Rate Cuts... i have half my cash savings in Singlife Savings Acct (3%returns) and half in StashAway Simple (3.5% returns).

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