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Thread: Where you park your spare money?

  1. #1

    Default Where you park your spare money?

    If no risky investment, where to park money?
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  2. #2
    Senior Member G-man's Avatar
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    Default Re: Where you park your spare money?

    No spare money to park

  3. #3

    Default Re: Where you park your spare money?

    In a tin can under my bed...

  4. #4

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    Property lo...

  5. #5

    Default Re: Where you park your spare money?

    If only...

  6. #6
    Member CasualBear's Avatar
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    Too many options.. Pls provide more parameters like time horizon, liquidity needs, any financial knowledge and If possible an estimated figure..
    Anything under $20k I would recommend a foreign currency fixed deposit like AUD. Current economic outlook seems like slight upside and the interest is close to a decent 5% which more or less matches inflation. And Fcfd is guaranteed by MAS for figures up to $20k placed in a bank.
    Leave nothing but footprints, take nothing but photos..~ ;)

  7. #7
    Member CasualBear's Avatar
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    Oh.. just to add a disclaimer, it's best to seek a financial advisor who u trust to seek advise. Many a times the simplest option is actually the best one too.. cheers..
    Leave nothing but footprints, take nothing but photos..~ ;)

  8. #8

    Default Re: Where you park your spare money?

    You should park it under the frog.


  9. #9
    Moderator diver-hloc's Avatar
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    Default Re: Where you park your spare money?

    Not too much spare $$$ that could put aside...

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  10. #10

    Default Re: Where you park your spare money?

    i park it at the camera shops

  11. #11
    Member 9V-Orion Images's Avatar
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    Default Re: Where you park your spare money?

    Dump all into CPF Special Account for minimum of 4% interest per annum. Our dear government will help to make the best use out of your finances with their superb money sense.

    Thank you for contributing towards nation building.
    Last edited by 9V-Orion Images; 12th July 2013 at 03:38 PM.

  12. #12
    Moderator catchlights's Avatar
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    Default Re: Where you park your spare money?

    Shoot to Live, Live to Shoot
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  13. #13

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    If there are no risky investment, one will simply invest in a risk-free asset and earn the risk free rate. I don't understand the question at all.
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  14. #14
    Senior Member
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    Default Re: Where you park your spare money?

    Please park here. They are waiting to welcome you.


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  15. #15

    Default Re: Where you park your spare money?

    Money are meant to be spent, not saved... All my spare money are spent on camera lenses

  16. #16
    Senior Member Sion's Avatar
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    Default Re: Where you park your spare money?

    Quote Originally Posted by ahboy168 View Post
    If no risky investment, where to park money?
    Let her park it for you:


  17. #17

    Default Re: Where you park your spare money?

    I put my money under my bed. The interest rate there is ~5%.

  18. #18
    Member CasualBear's Avatar
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    Quote Originally Posted by kei1309 View Post
    i park it at the camera shops
    Agreed..
    Leave nothing but footprints, take nothing but photos..~ ;)

  19. #19
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    Default Re: Where you park your spare money?


  20. #20

    Default Re: Where you park your spare money?

    Quote Originally Posted by CasualBear View Post
    Too many options.. Pls provide more parameters like time horizon, liquidity needs, any financial knowledge and If possible an estimated figure..
    Anything under $20k I would recommend a foreign currency fixed deposit like AUD. Current economic outlook seems like slight upside and the interest is close to a decent 5% which more or less matches inflation. And Fcfd is guaranteed by MAS for figures up to $20k placed in a bank.
    err. how up to date is your info? Aussie is facing numerous rate cuts
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