Go Jo - Seedly
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GJ

Just someone interested in personal finance

Go Jo

About

Just someone interested in personal finance

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Go Jo

  • Answers (2)
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Savings

SG Budget Babe

DBS

POSB

DBS Multiplier Account

Should I open DBS Multiplier account to park my savings?
GJ
Go Jo
Level 2. Rookie
Answered on 06 Jan 2020
Do also note that there are recent changes to the terms of the multiplier account! (in case your savings exceeds 25k there are other better options) https://www.dbs.com.sg/iwov-resources/pdf/deposits/multiplier-terms-and-conditions-update-notice-dbs.pdf
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Investments

Insurance

Endowment Policies

Savings

Stocks Discussion

What are low risk investments for beginners with no time to watch over the investments?
GJ
Go Jo
Level 2. Rookie
Answered on 06 Jan 2020
This depends on the person's risk tolerance but as a beginner who wants to invest and yet have no time to monitor the stocks, I would suggest for the person to do regular investments (DCA) using a robo adviser (also a good way to test out his/her emotions when the market goes up/down).
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Level 2. Rookie
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