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Wednesday 11 November 2026 07:23:17 GMT
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This is the exact order to invest your money in Singapore.👇 Before you start, tick two boxes. One: an emergency fund of at least six months of expenses.  Two: proper insurance. A hospital plan, and term life if anyone depends on you. NOT an ILP. 1️⃣ Kill off any high-interest debt. This refers to anything over 10%. Credit card debt in Singapore runs at a whopping 26% a year. No investment beats that reliably, so this comes first. 2️⃣ Ring-fence anything you'll definitely need in the next three years. Home downpayment, wedding, planned career break or sabbatical. That money goes into SSBs, a high-yield savings account or money market funds. NOT the stock market. 3️⃣ Start investing monthly through a regular broker. IBKR, FSMOne, whichever you use. Put it in a low-cost, broad-based ETF. It's flexible and also the only investment bucket you can touch before retirement. 4️⃣ Voluntarily top up your CPF Special Account. Do this through the RSTU, up to $8,000 a year for tax relief. This gets you a 4% return, backed by the government.  The trade-off: that money is not liquid and is meant for retirement, full stop. 5️⃣ Top up your SRS. You can put in up to $15,300 a year if you're a citizen or PR, and $35,700 if you're a foreigner. It might not make sense for every person, but each dollar contributed reduces your taxable income immediately as long as you haven't hit the $80k personal reliefs cap. 6️⃣ Invest your SRS money. Most people stop at step five and leave it sitting in the SRS account as cash earning basically nothing. Don't ever do that. Invest it into equities through your SRS-linked brokerage or, at the very least, put it in something that earns you a yield. If you're a high earner with no big expenses coming up, you can move on to steps three to six earlier.  For everyone else, build the flexible base first and remember that this works like a waterfall. Step one, then two, all the way through to six. Let me know in the comments if you agree and give me a follow for more real money takes. #singapore #fypsg #PersonalFinance #investing #sgfinance
This is the exact order to invest your money in Singapore.👇 Before you start, tick two boxes. One: an emergency fund of at least six months of expenses. Two: proper insurance. A hospital plan, and term life if anyone depends on you. NOT an ILP. 1️⃣ Kill off any high-interest debt. This refers to anything over 10%. Credit card debt in Singapore runs at a whopping 26% a year. No investment beats that reliably, so this comes first. 2️⃣ Ring-fence anything you'll definitely need in the next three years. Home downpayment, wedding, planned career break or sabbatical. That money goes into SSBs, a high-yield savings account or money market funds. NOT the stock market. 3️⃣ Start investing monthly through a regular broker. IBKR, FSMOne, whichever you use. Put it in a low-cost, broad-based ETF. It's flexible and also the only investment bucket you can touch before retirement. 4️⃣ Voluntarily top up your CPF Special Account. Do this through the RSTU, up to $8,000 a year for tax relief. This gets you a 4% return, backed by the government. The trade-off: that money is not liquid and is meant for retirement, full stop. 5️⃣ Top up your SRS. You can put in up to $15,300 a year if you're a citizen or PR, and $35,700 if you're a foreigner. It might not make sense for every person, but each dollar contributed reduces your taxable income immediately as long as you haven't hit the $80k personal reliefs cap. 6️⃣ Invest your SRS money. Most people stop at step five and leave it sitting in the SRS account as cash earning basically nothing. Don't ever do that. Invest it into equities through your SRS-linked brokerage or, at the very least, put it in something that earns you a yield. If you're a high earner with no big expenses coming up, you can move on to steps three to six earlier. For everyone else, build the flexible base first and remember that this works like a waterfall. Step one, then two, all the way through to six. Let me know in the comments if you agree and give me a follow for more real money takes. #singapore #fypsg #PersonalFinance #investing #sgfinance

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