What are some of the common types of financial instruments that SGreans would normally use and leverage on to grow their finances?

I have everything from fixed deposits to cryptocurrency. different instruments used to achieve different financial purposes xP

To (somewhat) combat inflation: fixed deposits, SG government securities

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To maintain status quo: ETFs, REITs, blue chip stocks.

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To grow your wealth: Properties, commodities

Depends on your risk appetite. Fixed deposit, Tbills, Robo-advisors, etc. Most important is not to invest borrowed money.

There are tons of Instruments available to us. Your choice would depend on :

• Your risk profile and investment horizon
• Investment goals
• Source of funds : cash/cpf/srs
• Any other limitations/constraints

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Eg Treasury Bills, which can be invested using cash/cpf OA/SRS