What to do with 30k

[twinbaby]

Hi there,

What can I do with 30k

• Put into singapore savings bond
• UOB Stash Account
• Transfer some to special account to gain tax relief
• Transfer some to Supplementary retirement scheme

 

[havetheveryfun]

https://forums.hardwarezone.com.sg/...ple-asking-what-do-their-money-5626345-2.html

 

[addict951]

• UOB Stash Account

Replace this option with this:
https://www.cimbbank.com.sg/en/pers.../savings-accounts/cimb-fastsaver-account.html

 

[SBC]

30k is rather small amount. Continue to save more.

 

[Perisher]

DBS multiplier... need your salary though.
Maxigain, troublesome opening of account though.

 

[JuniorLion]

Transfer to your SA.

 

[lzydata]

It's not about the amount, it's about when you need the money and how much risk you can stomach.

 

[little pupsky]

You are joking I hope.

Transfer to your SA.

 

[Proton4051]

Hi there,

What can I do with 30k

• Put into singapore savings bond
• UOB Stash Account
• Transfer some to special account to gain tax relief
• Transfer some to Supplementary retirement scheme

Mayb can loan me 4k..hahaha

 

[napoleon bohlumpar]

Hi there,

What can I do with 30k

• Put into singapore savings bond
• UOB Stash Account
• Transfer some to special account to gain tax relief
• Transfer some to Supplementary retirement scheme

i'll PM you my bank a/c no..............

jokes aside.............you got elderly parents or grandparents ?................put in their CPF a/c............interest is good...........and when they pass on, you get back money with interest...........

 

[revhappy]

i'll PM you my bank a/c no..............

jokes aside.............you got elderly parents or grandparents ?................put in their CPF a/c............interest is good...........and when they pass on, you get back money with interest...........

No, when he pass on it goes to his children and then their children and so on and so forth

Sent from Xiaomi REDMI NOTE 4 using GAGT

 

[napoleon bohlumpar]

No, when he pass on it goes to his children and then their children and so on and so forth

Sent from Xiaomi REDMI NOTE 4 using GAGT

money go to his parents' a/c..............can go back to him mah........unless his sibling kaput the money lah

 

[Skylooter]

Hi there,

What can I do with 30k

• Put into singapore savings bond
• UOB Stash Account
• Transfer some to special account to gain tax relief
• Transfer some to Supplementary retirement scheme

depends on your appetite, if you want to grow your 30K, maybe you can consider investing in stocks, high risk high return ma.

 

[lingua101]

Hi there,

What can I do with 30k

• Put into singapore savings bond
• UOB Stash Account
• Transfer some to special account to gain tax relief
• Transfer some to Supplementary retirement scheme

I do not understand why people like about Singapore Savings Bond. The return is only like 3% for longer renure.

Put 10K in CIMB Fast Saver Account as someone suggested. Interest 1%
Put 10K in Balance UT like First State Bridge, Advantage etc. Return around 6-8%
Put 10K in Growth UT like Aberdeen Pacific etc, Return around 8-12%

so, this will give you around 5% return conservatively.

 

[Sausage]

How to get started with Aberdeen ut
Where to apply

Sent from Xiaomi MI MAX using GAGT

 

[hwmook]

I do not understand why people like about Singapore Savings Bond. The return is only like 3% for longer renure.

Put 10K in CIMB Fast Saver Account as someone suggested. Interest 1%
Put 10K in Balance UT like First State Bridge, Advantage etc. Return around 6-8%
Put 10K in Growth UT like Aberdeen Pacific etc, Return around 8-12%

so, this will give you around 5% return conservatively.

Aberdeen Pacific return 3.29% PA for past 3 years. Where is the 8-12% you are talking about?

 

[napoleon bohlumpar]

I do not understand why people like about Singapore Savings Bond. The return is only like 3% for longer renure.

Put 10K in CIMB Fast Saver Account as someone suggested. Interest 1%
Put 10K in Balance UT like First State Bridge, Advantage etc. Return around 6-8%
Put 10K in Growth UT like Aberdeen Pacific etc, Return around 8-12%

so, this will give you around 5% return conservatively.

put in unit trusts.............don't waste time lah..............

put in cryptocurrencies lagi better...........30K can potentially turn into 30 million.......

 

[napoleon bohlumpar]

Aberdeen Pacific return 3.29% PA for past 3 years. Where is the 8-12% you are talking about?

1st thing 1st...............is that before or after fees ?

 

[LowSESBuiBui]

I do not understand why people like about Singapore Savings Bond. The return is only like 3% for longer renure.

Put 10K in CIMB Fast Saver Account as someone suggested. Interest 1%
Put 10K in Balance UT like First State Bridge, Advantage etc. Return around 6-8%
Put 10K in Growth UT like Aberdeen Pacific etc, Return around 8-12%

so, this will give you around 5% return conservatively.

Aren't there risks for those 8-12% or chances that they only pay you 1% because many conditions not met?

 

[crystalnox]

I do not understand why people like about Singapore Savings Bond. The return is only like 3% for longer renure.

Put 10K in CIMB Fast Saver Account as someone suggested. Interest 1%
Put 10K in Balance UT like First State Bridge, Advantage etc. Return around 6-8%
Put 10K in Growth UT like Aberdeen Pacific etc, Return around 8-12%

so, this will give you around 5% return conservatively.

Better read your prospectuses properly, from page 29: http://www.aberdeen-asset.co/static...e5ae9f9/3/63460-cd-2018-select-prospectus.pdf
Most of them did miserably compared to their benchmarks.

Not to mention a ~1.75% expense ratio and a 5% sales charge.