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Anyone has any idea what is the best area for company to have free cash to invest. Amount from $500K to $1 mil? Some small bank has offered fix interest rate of 1.5% something, but it seems not so much. Also, the investment return from fix deposit need to report IRAS?
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You may get 3% for deposits in NZ$ or RMB .
If you take more risk investing in REIT shares, you can get 6% but return of 100% capital not guaranteed.
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15-03-2016, 08:35 AM
(This post was last modified: 15-03-2016, 08:38 AM by specuvestor.)
Thought I'll reply to the first post by an old Forumer
You might want to look at finance companies fixed deposit instead. Alternatively you might look at investing in GLC bonds. I'm assuming you are risk averse
Interest income is taxable for corporates
https://www.iras.gov.sg/irashome/Busines...le-Income/
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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GLC bonds give between 2-5% yield which varies on the tenure and company-specific. Size is min 250k-1m.