After opening an SRS account and accumulating funds inside, you’re beginning to wonder if there’s a way to best utilise them.
The 0.05% returns on it aren’t gonna cut it. Heck, that’s not even close to countering inflation!
Here, we’ll give you a list of all the Supplementary Retirement Scheme investment and insurance options in Singapore.
Fixed Deposits
You may be uncomfortable with taking risks with your investments – especially your retirement funds. Fixed deposits may be the way to go in times like these.
Fixed deposits are practically risk-free and totally safe, so you have nothing to worry about.
Fixed deposits are a way to gain guaranteed returns on your investments that are typically greater than savings accounts.
There are many advantages to choosing fixed deposits. The level of ease and simplicity is what draws people towards fixed deposits.
They require zero knowledge, and depositing them is extremely simple....