Anonymous

02 May 2022

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

I've alr parked aside my emergency funds ($10k) in Singlife, but wanted to get some advice on whether a high interest savings account or Syfe cash+ would be a better option to park my subsequent savings towards short term goals in 1-3 years (e.g wedding, buying/renovating house, etc)? Thanks!

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CH

05 May 2022

If money which die die need one, go with high interest savings account.

but let's say if you can lower expectation of wedding ceremony, or buy a smaller house because when the time you need to liquidite the money there is a lost, then go for cash+

these days short term can flutuate widely. there are no certainty on many things. even insurers who pride themselves to deliver for the past 10-15 years had to cut bonus and interests last year.

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