What to do with spare cash?

Ahboy069

Senior Member
Joined
Mar 22, 2018
Messages
1,711
Reaction score
328
If one has only 80k home loan left and 400-500k spare cash, what should I do with it ?
 

kerwen

Arch-Supremacy Member
Joined
Jul 4, 2000
Messages
13,060
Reaction score
25
Maximise all the high interest bank accounts already? Maxigain, uob1, dbs Multiplier, ocbc360?
 

Value.Matrix

Senior Member
Joined
Sep 13, 2019
Messages
628
Reaction score
58
many people here will say put inside cpf

Depends on your
(1) Age,
(2) Risk appetite
(3) Horizon. 15 years can go higher risk, coz got enough time to enjoy the gains and recovery of the equities.

CPF is simple and straight forward mah. Somemore if near 55, why not maximise it.
 

Ahboy069

Senior Member
Joined
Mar 22, 2018
Messages
1,711
Reaction score
328
Yes maximize
Citibank
Uob
Ocbc
scb

Low risk appetite as kana burnt before
 

NewInvestor

Supremacy Member
Joined
Dec 17, 2014
Messages
7,341
Reaction score
3
It is a no brainer. Buy a property with en bloc potential. Sit on it until 2024 and sell.
 

luei74

High Supremacy Member
Joined
Aug 5, 2001
Messages
26,191
Reaction score
5,664
Buy gold bar

Sent from Xiaomi MI MAX 3 using GAGT
 
Last edited:
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top