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Teo See Hwa
19 Mar 2020
MArketing Associate at Propnex
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Andy Sim
09 Mar 2020
HR Professional at a Financial Institution
I would put it in a bank or buy SSB or fixed deposits cos these are capital guaranteed options. Separately, I'll think of ways to increase my income through side hustles, promotions etc. Active income is best for short terms needs.
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I think the problem is there is no safe stock. I would put the money into bonds or some capital guaranteed tool if im sure i need to use the money if 4-5 years time.
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If you need the money soon, it would be good to invest in etfs or robo advisor as they already help you diversify your portfolio.
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Brandan Chen
14 Feb 2019
Financial Planner at Manulife Singapore
Firstly, whats your definition of safe stocks?
Secondly, Do you currently have the amount that is ...
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