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Anonymous

04 Apr 2024

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What to do with 100K

Have about 100K in savings (fixed D) now but would like to get some ideas on how would you guys handle this sum of money. Risk preference - balanced to growth. No need for lumpsum in next 3 to 5 years. Insurance taken care of.

Discussion (13)

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With your insurance already covered, the next thing you can do is ensure that you have sufficient emergency funds. Online emergency fund calculators can be used to help you.

With a short-mid term window of 3 to 5 years, you could consider investing in ETFs (a diversified portfolio of stocks and bonds), or more risk-averse options such as T-bills or SSB.

Set aside rainy day funds while investing the rest.

Statistically shown index ETF (US, Globally) increased on 8% per annum on a 10yrs basis.

Not financial advised please do your own DD.

Can buy ah gong sponsored reits that provide constantly dividend....

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