Anonymous
Asked 6d ago
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.
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4 answers
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Jesslyn
Top Contributor (Dec)
Answered 5d ago
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, Owner and Writer at Tortoisemoney.com
Answered 5d ago
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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If you need it in 6 months, it's advisable to go for cash management. I use Endowus Cash Smart. You may also want to consider Syfe Cash+.
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For 6 months, I would just invest it in the cash management account. Endowus has bigger % i think, so endowus it is.
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