Short term investments

[bright_84]

I'm between homes and will have some of the sales proceeds sitting around doing nothing for a few months. Anyone has any good ideas how to make the best of it?

I.e join some privilege banking or short dated bond etc

 

[boredboiboi]

I'm between homes and will have some of the sales proceeds sitting around doing nothing for a few months. Anyone has any good ideas how to make the best of it?

I.e join some privilege banking or short dated bond etc

There are some short term FD. Heard is maybank 2.2% p.a, put 9 months

 

[BBCWatcher]

There are some short term FD. Heard is maybank 2.2% p.a, put 9 months

Not quite that high, and there's some risk involved since SDIC coverage is limited to $75,000.

If you know there will be at least a 6 month holding period, and if you want the highest degree of safety (and a reduction of the time period when the funds will not be fully SDIC covered), then some or all of the funds can be held in a 6 month T-Bill.

Another possibility if you used CPF Ordinary Account funds for housing (on another property in this case) is to repay those funds (including accrued interest if you wish), then use the OA funds again for housing. OA pays 2.5%/year interest during the whole calendar months funds are parked.

 

[henrylbh]

I'm between homes and will have some of the sales proceeds sitting around doing nothing for a few months. Anyone has any good ideas how to make the best of it?

I.e join some privilege banking or short dated bond etc

Just go for normal savings accounts like Maybank and SCB that pays 2% without restriction on drawings as and when needed.

 

[yoongf]

Yangzijiang shares are in play nw due to recent massive selldown.

https://nextinsight.net/story-archi...lding-recent-concerns-overblown-target-s-1-46