Should I leave my money in UOB One or put in SSB/endowment

You can divide them in a ratio that meet your liquidity needs. It seems nterest rate are almost at their peak.

At least you started thinking about this which is good. Like some people said here, for UOB One the criteria has to be reached. Also, there is no guarantee it will last forever. But also have to consider whether SSB is worth.

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For endowment, this one is different because it is for long term as it is locked-in. So, to do this, it means diversification in a sense that as u continue meeting the UOB criteria, u can actually set a portion for SSB and also for endowment. No right no wrong and the idea of diversification is just based on your story stated.

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For better details, talk to a professional.

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All the best!

Subject

If your intention is to look for short-term financial goals or low risk tolerance, leaving your money in a bank account may be a good option as it offers low-risk returns and easy access to your funds. However, the interest rates offered by banks are typically lower than inflation rates.

On the other hand, SSBs offer higher returns compared to savings accounts and lower risk compared to other investments such as stocks. SSBs are also flexible, allowing you to choose the investment amount and holding period that suits your needs. However, SSBs need to lock-in period of one year without incurring penalties.

Endowment plans offer guaranteed returns over a fixed period of time and can provide a source of steady income in retirement. They are also low-risk investments with no market volatility. However, endowment plans typically have longer lock-in periods and may not offer as much flexibility as other investment options.

Ultimately, the decision is depending on decision to place your money in a bank account or invest in SSBs or endowment plans based on the financial situation and long-term goals offering.