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Anonymous

29 Sep 2023

∙

General Investing

Withdraw SRS to invest in ETF

Should I withdraw my SSB (3% interest) using SRS and reinvest into endowus?

10

Discussion (10)

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SY

01 Oct 2023

What are your risks? does reinvestment into endowus make sense for ur financial plans?

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I.L.

01 Oct 2023

It depends on how you see things. If SSB is part of your safe investment portfolio, then it should stay as it is.

But if you want to invest into higher risk portfolio, then go ahead and redeem the SSB.

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Francis

01 Oct 2023

It depends on what you are reinvesting into? Also, your overall portfolio.

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Benny

01 Oct 2023

Really depends on your horizon. If you are going for long term, please go endowus.

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YOC

30 Sep 2023

Depends on your aim and risk profile....

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What are the etfs I can invest in using SRS account through my Posb acc? ?

Should I use robo-advisors or DIY an ETF if i want to invest my SRS fund?

Does RSP through SRS into STI ETF count towards investment in dbs multiplier?

How does Syfe work? Lets say i invest in some ETF and the value grows, do i need to sell the stocks or do i receive my gains just by withdrawing the funds?

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