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Anonymous

18 Apr 2019

General Investing

What should i do with my spare cash?

I am a student in my 20s studying university. If i had 3k in spare cash, to put in the bank untouched to pay any expenses, debts or bills, what can i do or invest with this money? i am a beginner in stock investing but have dabbled in forex.

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You should first keep some for emergency funds (keep it in bank) and only invest with money you can afford to lose. You can try Singapore Savings Bond which is quite hassle free or you can go with ETFs for a nominal sum monthly. If you're keen on investing stocks/forex, then I suggest doing more research first before dabbling there.

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