facebookWhere to invest for 3k for 6 months only? Stashaway or Endowus? - Seedly

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Anonymous

11 Jan 2021

Robo-Advisors

Where to invest for 3k for 6 months only? Stashaway or Endowus?

Invest in these two robots now. Got extra $3k, but wish to have a quick withdraw like 6 months later. Consider these two robos because i already have the accounts.

Discussion (4)

What are your thoughts?

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Endowus cause sgd denominated and hedged. If you invest in stashaway, you might lose some money given the horrible exchange rates now.

Chris

10 Jan 2021

Owner and Writer at Tortoisemoney.com

For such a short duration, do consider just parking it in a money market fund or a high yield savings account. Investments will likely fluctuate with the market and it may be hard to predict where they will be in 6 months.

Jiayee

10 Jan 2021

Salaryman at some company

If you need it in 6 months, it's advisable to go for cash management. I use Endowus Cash Smart. You ...

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