Asked by Anonymous
Asked 2w ago
First, understand that with investing there are risks. It may be possible that at the end of 3 years you may have losses (who knows what the economy will be?). If you can stomach that, then look out for opportunities.
Second, what is your risk level? Low risk - 1-2% per annum via savings accounts (e.g. CIMB, OCBC+), fixed deposits and Singapore Savings Bond. (This ain't rly investing, but max your money.)
Mid risk - Robo-advisors, blue chips, regular savings plan, retail bonds
Higher risk - Choosing your own stocks, P2P lending
I do agree with your stance, but do remember to pay back the loan immediately upon graduation. They have this weird fixed window for you to pay back (i.e. you can't pay back earlier) and past a certain date (idk like 2 weeks after grad?) the interest will kick in. All the best!