Let’s say I have excess cash.
Today, there are many options to park these excess cash other than FDs. Personally, I tend to place my excess cash in my flex-loan account to save on mortgage interest. Some may opt to contribute them into EPF to earn 5-6% in annual dividend yields. Such is great and the price to this is liquidity.
Once we park money into EPF, we can’t just simply just withdraw the money out, especially the Account 1 and 2 portions. Now, what if there is an option that
– Earns better yields (4+%) than FDs
– Diversifies your personal wealth into USD.
– without sacrificing liquidity in this process.
Ms. Joanna Lim, Client Investment Assistant Manager introduces FSMOne USD Auto-Sweep, the latest product launched by FSMOne, which offers retail investors a vehicle to earn better yields in USD while waiting and saving up for future investment opportunities.
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