1. I just started working
2. I have 10-20k
3. Where do I park my money, without caring too much about it?
Of course, the actual answer is to shove it in some savings plan, or cpf 'shudders'. If you are not sure where to get a savings plan, just sit in a square outside raffles mrt and get swamped by insurance agents in seconds.
But if you don't want to take the difficult path of buying stocks yourself, here is my recommendations that I would give to my friends based on investments that
1. Have predictable earnings and dividends
2. Have low downside risk
3. Doesn't do anything.
Recommendation 1: Corporate bonds
I would recommend DBS 4.7% preference shares which gives a nice 3.06% cash yield
(a simple way to think of cash yield is that if you invest $107.6 now, ...
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