facebookWhere would you park your money if you want to make a down-payment for a house purchase in 2 to 3 years from now? - Seedly

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Anonymous

Edited 05 Nov 2022

General Investing

Where would you park your money if you want to make a down-payment for a house purchase in 2 to 3 years from now?

Discussion (8)

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Javier Tan Yan Kai

12 Nov 2022

Actuarial Analyst at AIA

Now fd is really a good option if u have a relative certainty over the date of payment and have the lump sum ready. For capital preservation. Else just periodically put a little into ssb/tbills

How about RHB High Yield Savings Plus Account (up to 4.5% p.a.) or RHB Premier Plus Current Account (up to 5.5% p.a.) ?

Tony

06 Nov 2022

Computer Engineering at Nanyang Technological university

Since you gonna need the money soon, go for less risky/capital protection investment.

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