Asked by Shabir Khan

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

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  • Gabriel Tham
    Gabriel Tham, Kenichi Tag Team Member at Tag Team
    Top Contributor

    Top Contributor (Mar)

    Level 7. Grand Master
    Answered 4w ago

    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.

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