What are investments in Singapore that would provide guaranteed principal and returns?
Investing is not just a business but also a risk and even be considered as a gamble if investors such as myself are not aware of what to invest on. As a new investor I still want to have the feeling of safety and security when it comes to earning as I also need to sustain myself and my family. Are there such things as investments in Singapore that provide guaranteed principals and returns?
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Just like in any country, there aren't many investments that guarantee your principal as well as returns in Singapore but of those that do, you should be very careful of scams. One other thing to understand is that when you get to enjoy such safety in your investments and visibility in your cashflows, you need to be prepared to accept a rate of return that is close to the risk-free rate. Your first bet is to invest on Singapore Government Treasury bills and/or Singapore Government Bonds. You can also try investing on saving plans or fixed deposits but the returns are low. If you want higher returns then you really need to invest on high risk investments.