Originally Posted by
Kokono
I would like to seek the advice from all the seniors and wise investors in this forum what advice would you give to a small timer who hypothetically has $400K cash (not CPF) right now and who cannot buy any residential property till 2019.
This $400K cash ultimately is meant for the children's tertiary education in 15 years time.
In addition, due to TDSR ruling, the small timer can only loan a meagre $300K more.
Should the small timer:
a) park all the $400K in a fixed deposit or ETF fund or buy preference shares for 4.5% return?
b) buy a tiny commercial unit, example Katong Shopping Centre or Golden Mile Complex
c) Buy endowment?
d) Some better advice?
If its for children education, then I would choose endowment.
Buying property risk kenna stuck during downturn. What if it happen right before your children need it for the education?
Are you sure FD can get your such high return?
Alternatively, if you one risk free investment, just put money back into your CPF and earn interest. At least for CPF you can still withdraw
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."