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Anonymous

12 Jun 2023

∙

General Investing

Suggestions for yield/interest generation on idle USD cash balances (>50k). Is IBKR SG cash interest any good (although not SIPC protected) or any other recommendations/thoughts? Thanks!

Cashed out of US equities for now, so looking for short term yield opportunities on the idle cash.

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David

14 Jun 2023

Like some other comments suggested, money market funds are the way to go. Fullerton SGD and USD cash are paying decent interest rates at the moment! Try out Webull, Moomoo. They are brokers that offer these services.

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Anonymous Poster

13 Jun 2023

Thanks everyone!

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SamC

13 Jun 2023

https://blog.seedly.sg/cash-management-accounts......

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Which district condominium should I buy for investment? This will be my 2nd property purchase, budget @$1.2m, cash upfront $500k and loan the balance. My agent suggested district 1 as it is easier to rent out. Thanks.

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