You can start investing. You can place it, among other options, in a better-yielding bond Unit Investment Trust Fund (UITF) or in higher-yielding but riskier shares of stocks (stock market).
For information on savings deposit rates and time deposit rates, please select Interest Rates under the Banking sub-menu on the top MENU or click here.
UITF is a collective investment schemes wherein funds from various investors are pooled together into a single fund to achieve a common investment objective. The funds collected are entrusted to a professional manager who manages the fund’s portfolio.
For more information on UITFs, please click here.
For information on buying stocks, Exchange-traded Funds, or Real Estate Investment Trust, please select from the choices under the Stock Market section on the top MENU.
Suggested reading: A Beginner’s Guide to Asset Classes