Asked by Anonymous

How would you invest your bonus of 5000?

Thinking of 2000 - SSB, 1000 - Temasek Bond, 1000 - ETFs, remaining for emergency funds.

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  • Leong Wen Fong
    Leong Wen Fong, Economics and Management at University of London
    Level 6. Master
    Answered on 22 Oct 2018

    It's a little hard to say, without knowing your financial situation exactly! It depends on:

    1. Whether you have emergency funds

    2. What you have already invested in

    3. Your knowledge of investing.

    If you look around at some of the previous questions, you should always set asaide emergency funds for yourself before investing. Assuming that you have already done that, many of the community members here always advise to always frist invest in yourself.

    This means that if you are new to investing, go learn about it first. Never get into something you don't know about!

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  • Gabriel Lee
    Gabriel Lee
    Level 6. Master
    Answered on 22 Oct 2018

    Put some in Singapore Savings Bond, StashAway and leave some funds in a higher interest account like CIMB FastSaver or CIMB's 1 year fixed deposit account at 1.84%

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  • Jason Sin
    Jason Sin
    Level 5. Genius
    Answered on 22 Oct 2018

    Temasek Bond which pays a coupon of 2.7% per annum.

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