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Anonymous

29 Apr 2021

General Investing

What should I place my spare amount of 35k if I'm looking at short term low risk investment?

Currently I'm already using StashAway, Singlife, Nikko Am ETF and a few other savings/investments plans.

Discussion (1)

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Christopher Puan

29 Apr 2021

Photographer/ Corporate Trainer at Chrispy Media & Education

Depends on the time frame you are looking at as well as your risk appetite?

Assuming you are very low risk and need the money for something within the year, I would just put it in the bank.

More than a year, I would explore Singapore bonds or the cash products with robo advisors, I see that you are already using Stashaway, Stashaway Simple should fit your plans for the money with a decent return of 1.2% and with a time frame of 1-2 years.

More than 3-5 years, you may want to deploy your money into your current portfolio using DCA?

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