Quote:
Originally Posted by Unregistered
All investments come with risk, even the safest ones. This means you may LOSE money.
Since you will need the money quite soon, I suggest you put it in a time deposit or with the CIMB savings account which pays 0.8%. If you have a few hours a month, you can explore OCBC 360 which pays 3.05% on $50k. This way, you will not lose money. |
No loss on capital but its value depreciates due to inflation. Should aim to be on par with inflation rate at least.