So where to park your money and how to make it work harder for you?

I think for many this is a big question.

In this age and era, there’s quite many investment choices you can make, however, like a restaurant menu, there’s usually too many and makes it hard to pick unless you know what you really want.

I personally look to create multiple sources of income

For me as of present, I see a few general investments/cashflow opportunities that I am interested in:

• Equities – Growth (Stocks with high growth potential or even ETFs)
• Equities – Cashflow (Dividend distributing stocks)
• Regular Savings Plans (I have a ILP, however, unlike most people who thinks that it is handsfree, no it requires semi-active management to ensure great returns. Expense ratios are pretty high too)
• Single Premium Unit Trusts (expensive version of buying equities for growth, executions via brokerages direct tends to be much cheaper)
• Gold/Silver (no cashflow, decently high capital requirements, long term and slightly illiquid)
• Real Estate property (no, not for flipping, for rental)
• Trading (okay, that’s technically not investment but it generates cash)
• Businesses (starting one isn’t easy, I’m trying to learn too!)
• CPF SA Cash Topup (YES, I mean it, the SA and Minimum Sum generates quite a fair bit of interest, comparable to a bond, it relieves your taxes too!)
• SRS (Similar in concept to CPF with a penalty and slightly different taxation rules, generally I would say CPF first, then SRS. SRS is better if you earn much more)

Current risks that might affect you (I factor these):

• Inflation (Don’t quote me on this, but Singapore tends to have an inflation 3-5% depending on economic climate)
• Housing (unlike the past, even BTOs aren’t exactly cheap and are liabilities because you need to pay for them for a long period, can’t rent them out soon, flipping them fast doesn’t yield as much cash as it used to be)
• Slow pace of capital inflow (namely job, sometimes it isn’t beating inflation much, money now is usually bigger than money later)
• Market Downturns (a test on investors willpower and discipline, awesome sales for people who can wait and are patient)

There’s probably even much more options out there I might have missed. But that’s all I have for now!