Advertisement

Anonymous

18 Apr 2019

∙

What investment can you suggest for a 100k savings? With a lock-in period for at least 1 year or so.

Something lean on interest, without the hidden premiums and charges.

AMA SG Young Investment

7

Discussion (7)

What are your thoughts?

Learn how to style your text

Yong Kah Hwee

15 Sep 2018

There are a few options you can go for.

Put your money in the Singapore Savings Bond (SSB). It is pretty safe as it is issued by the Singapore government, and it gives decent returns. This can be

Fixed Deposits. Every now and then, banks have promotions whereby they offer slightly more attractive rates to get people to put their money into the Fixed Deposits. You can take advantage of this to get some decent returns :)

More information can be found in this article that Seedly posted: https://blog.seedly.sg/guide-investing-singapor...

Reply

Save

N

15 Sep 2018

1 year is a short time frame, invest the part you forsee you don't need in the next 5 years in an etf, invest the rest in ssb.

Reply

Save

Nicholes Wong

15 Sep 2018

Diploma in Business Management at Nanyang Polytechnic

Short term=Fixed deposit on promotions

Mid term=SSB 1 to 10years

Long term= CPF topup withdraw at age 55

Reply

Save

Jason Sing

15 Sep 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

Singapore Saving Bond, Fixed Deposits

Reply

Save

Jonathan Chia Guangrong

15 Sep 2018

SOC at Local FI

Do you need to touch those funds after 1 year? If yes, then consider Singapore savings bonds or fixe...

Write your thoughts

Related Posts

Where can I find a compiled list of info/data about the diff platforms for saving my money tgt w its respectuve details such as the lock-in period, interest rate per annum/half year etc?

Has anyone have any experience in getting a personal loan from the bank for short term investment purposes (1 year)? Let's say a low 1%+ interest loan for 20-50k for 1 year period?

20 years old and enlisting soon. I have saved up a sum of $5,000 for investment and I will be saving up $1,000 every month for DCA/investing purposes. How should I go about my investing journey?

Can review my portfolio? 1) IWDA: $10,000 (invested beginning of this year,2020) DCA monthly: $1,500 2) STI ETF: $18,000 ( invested since 2018, having a loss) 3) Unit Trust: $10,000, (value: $11,000). Any suggestions?

I am 22 yo this year. After working 1+ years, I've managed to save up about $10k. Planning to do my degree next year & thought of investing, but I might need that money to pay for a part of the school fees next year. Hope to receive some advice.?

Related Posts

Where can I find a compiled list of info/data about the diff platforms for saving my money tgt w its respectuve details such as the lock-in period, interest rate per annum/half year etc?

Has anyone have any experience in getting a personal loan from the bank for short term investment purposes (1 year)? Let's say a low 1%+ interest loan for 20-50k for 1 year period?

20 years old and enlisting soon. I have saved up a sum of $5,000 for investment and I will be saving up $1,000 every month for DCA/investing purposes. How should I go about my investing journey?

Can review my portfolio? 1) IWDA: $10,000 (invested beginning of this year,2020) DCA monthly: $1,500 2) STI ETF: $18,000 ( invested since 2018, having a loss) 3) Unit Trust: $10,000, (value: $11,000). Any suggestions?

I am 22 yo this year. After working 1+ years, I've managed to save up about $10k. Planning to do my degree next year & thought of investing, but I might need that money to pay for a part of the school fees next year. Hope to receive some advice.?

Advertisement