Hi Wilfred,

What regular saving plan you recommend? i have around $XXk that i would need to gain more returns instead of putting it in the bank. The money is now currently in ABC bank account which they have just adjusted the interest in Feb 08 from 1.68% to 1.08%... I would need to invest in short term period as i would be using this money around end of this year.

For your advice, please. Thanks

Regards, XYZ

 Hi XYZ,

I suggest just put your S$XXK in ABC bank and leave it there until end of the year to use it. For such short while, you cannot take any risk. As for Regular Saving Plan, you can consider using part of your income to invest in diversified unit trusts.

Wilfred