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Anonymous

04 Apr 2021

General Investing

What is the best investment for short term (3-6 months) for S$100-200K?

Any recommendations for short term investing for 3-6 months for S$100-200K?

Discussion (2)

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Zac

04 Apr 2021

Noob at Idiots Invest

If your aim is to grow your money in such a short frame of time, your only legitimate hope is probably day trading. Even so, you should at least be profitable before you trade with a live account.

Otherwise, keep it in your bank or a cash management account. Whatever potential gains you can achieve by other means are probably not worth the risk of losing your capital.

With such a short time frame, resulting in a low risk tolerance, to almost guarantee capital, the only thing I can think of are cash management accounts. So I'd recommend Syfe Cash+, Endowus Cash Smart or Stashaway Simple.

Just my 2cents worth. You do you.

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