Hi, Before you go investing, you should get your insurance right first as, you don't want to fall into the case where you need to sell your investments because your insurance doesn't cover you enough. So, get your: Hospitalisation and Personal Accident Insurance. Mortgage Insurance. Home Contents Insurance. Life and Critical Illness Insurance (once you have dependants e.g. old parents or children). Also, at the same time, keep a healthy sum as emergency funds in a high yielding interest account (maybe DBS Multiplier). Just imagine if you're suddenly retrenched, so how much money you would need to survive til you get a new job. After all these, then your cash is called spare. With the spare cash, you can divide into 3 parts. 1) Short term investment 2) Mid term investment (E.g. children needs) 3) Long term investment (E.g. retirement) Short term. You can consider maximising your high yielding saving account. For the risk taker, you can try purchase crowdfunds. Mid term. You can consider Endowments. If you don't mind DIY you can purchase unit trusts or ETFs. Long term. You should consider Maximising your CPF SA, by transferring from OA or cash top up. Just some basic guidelines, further information are found all over the Web. If all these not possible, although not recommended, just buy a ILP but please don't buy ILP as your first choice.