Close for now Do you hold SG, US, HK or MY stocks? How are you tracking them now?
View our Demo portfolio to learn how StocksCafe will do it for you intelligently!
Sign up for free now!

 Blog Post  What should mom do with $200k inheritance?

Reader says...
My mum was given an inheritance to the tune of $200k.
Not knowing what to do with the money, my mum deposited it in the bank without our knowledge and of course, she was “invited” to speak to a bank’s representative and...
I experienced some difficulty convincing her to put a significant portion of the remaining sum into her CPF as she is apprehensive that the money will thereafter be “locked up” for life and she can only get a small portion of it every month.
I do not think the sum in her CPF RA is anywhere near the BRS.
Unfortunately, every individual is only limited to a maximum of $100k in SSB.
What do you think are good alternatives for someone like my mum (62 this year) to park her remaining sum?
I take it upon ...

Read the full post on A Singaporean Stockmarket Investor (ASSI)



164 days ago


147 times


164 days ago



Request to Follow

Your Reply

Please login to post