My brother recently asked me when he goes overseas to study should he put his money (roughly around a very low 5 figure) which he have saved up from his jobs and NS into Singapore Savings Bonds (SSB) or the STI ETF. This is because he would receive allowance for his time overseas so he would not use the SGD that he has been saving up.
I told him the advantages and disadvantages of both and told him that he should think about it and maybe read up more but I could see that he was leaning more towards SSB as he knew that he would not be actively looking at the prices of the STI ETF and that he was also unsure if the market conditions would be good when he ends his studies and get back to work. Of course, I told him that he would also receive ......