Hello Mr. Tan,
May I ask for your guidance on what is a treasury bill and how do you invest on it? How does it work?
REPLY:
A treasury bill is issued by the government, and is usually for a few months. You get the interest (which is usually quote low) but the investment is very secure. You can ask your bank or stockbroker about it.
We may consider some funds that are largely invested into the Treasury Bills and Short-term Bonds.
ReplyDeleteEg, NTUC Income Flexicash, Lion Capital Money Market Fund and the Prudential AM Cash Fund.
Annualised returns ranges from 2-3%. Quite attractive returns considering the low risk and high flexibility.
You can get some information from:
ReplyDeletehttp://forums.hardwarezone.com/showpost.php?p=21918738&postcount=1921