WHat is the best way to invest my money on?
I just gained S$5,000 in cash. I don't really know what to spend it on so I thought of investing the money but I don't know where I should invest it on. I have been searching the web for ideas and I have been asking my friends and family but I still can't decide where I should invest my S$5,000. Can anyone give a suggestion?
There are many ways to invest your money. You could invest it by opening a high yeild savings account for emergency purposes or you could invest all of it on CPF. There is also an option of dividing the money and putting half of it in your savings account and putting half in CPF. Eitherway it all depends on your current financial status and necessities.