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Anonymous

11 May 2020

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General Investing

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?

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Teo Liang Wei

11 May 2020

As your times horizon is short, I would suggest putting in somewhere with lower risk. You can consider putting them in Singlife Account that offers 2.5% p.a.

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I am an undergraduate and all my money is currently in a DBS Savings Account. Are there any other better ways to grow my savings with higher interest rates?

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Why do people invest in SSB over putting their money in high-interest savings accounts or fixed deposits?

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