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Anonymous

11 Jan 2021

∙

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.

StashAway Endowus

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Kok Hong

11 Jan 2021

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

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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.

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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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Related Posts

I'm 23 this year just started my full time job and have 6 months of emergency funds, totally new to investment and just recently joined stashaway. Can I invest in a specific ETF that I'm interested in apart from the recommended portfolio?

If I have $500 monthly for investing (ie goal to 30k in X years), between Stashaway (16% risk) vs Endowus (Balanced) vs Syfe Equity100 - which is better? Is it wise to have 3 Robo accounts simultaneously?

Planning to invest $200 monthly using POEMS ($6 sale charge). Do you think this is worth it or I should wait until I can invest a larger amount monthly etc $400 a month since it’s the same $6 charge?

I’ve invested in a long term investment-insurance plan at $2.4k/year. Based on the performance chart, the 3 months, 6 months, 1 year, 5 years are all negative. Only the 10 years is positive at 4.5%. Is the investment doing well?

If I invest $1,000 on CoAssets campaign which has 5% interest and 6 months tenture date, it means I will get $1,050 after the 6 months? And if campaign failed to secure the needed amount, can I get back the $1,000?

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