Singapore Saving Bonds (SSB)
Asked by Anonymous
Asked on 05 Nov 2018
Should I place it in robo or blue chip?
If you still have 1k, i strongly suggest that you first save up to 6 months of expenses in a bank account as a rainy day fund.
If you have already done so, perhaps you can spend more time on your own personal education to have a deeper understanding of investments so that you are able to utilise your money better. With prices tumbling down since the start of this year, it may be a good opportunity to start picking out undervalued stocks when the crisis do come!
As my friend Kenichi says, go for certainty first. SSB and temasek bond is a good start. Savings is the mother of all investment. Save up more, then with more capital you can reduce your investment cost too
05 Nov 2018