Should i invest my savings into SSB or a Robo Advisor(StashAway) at low risk settings? - Seedly

Singapore Saving Bonds (SSB)

Robo-Advisors

Savings

Investments

Asked by Shabir Khan

Asked on 28 Mar 2019

Should i invest my savings into SSB or a Robo Advisor(StashAway) at low risk settings?

1

Answers (1)

Sort By

Most Upvote

  • Most Upvote
  • Most Recent
Gabriel Tham
Gabriel Tham, Kenichi Tag Team Member at Tag Team
Level 8. Wizard
Answered on 28 Mar 2019

You need to be clear on the objectives. Savings and investments are seperate.

Investing in roboadvisor at lowest settings cannot be used as savings. There might still be downsides even though the lowest risk setting reduces volatility and focus on capital preservation.

For savings you need peace of mind that the money will never face a downside. You can accomplish that with Singapore savings bonds.

0 comments

0