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Two Low-Risk Investments to cope with Inflation

Although U.S. Inflation in Aug 2022 have beaten estimates by rising to 8.3%, one can still buy up to $10,000 worth of I-Bonds per year to help them cope with the high inflation.
Two Low-Risk Investments to cope with Inflation
Unlike in the U.S., there is no I-Bonds in Singapore. Also, the saving deposits and fixed deposit rates are not high enough to match the Singapore Inflation rate of 7% (Jul 2022)!
Two Low-Risk Investments to cope with Inflation
However, Mooers living in Singapore can still deposit their money into the following two low-risk products to cope with inflation.

They are:
1. RHB High Yield Plus Accounts
2. Money Market Funds in MooMoo


RHB High Yield Plus Accounts.
Currently, RHB is offering two High Yield Accounts, namely, High Yield Saving Plus Account and Premier Plus Account. Both accounts cater to different age groups and Mooers can invest in them to get up to 5.5% p.a. interest rate.
Two Low-Risk Investments to cope with Inflation
For more details, please click the link below.
https://rhbgroup.com.sg/rhb/personal/CASA-Promotion


Money Market Funds in MooMoo
Besides the 5.5% p.a. interest rate offer by RHB, Mooers can invest in the two Money Market Funds (MMF) offer by $Futu Holdings Ltd (FUTU.US)$ MooMoo, as follows.

Fullerton SGD Cash Fund
CSOP USD Money Market Fund
This is different from the accounts offer by RHB as the one by RHB is for SGD currency, but MooMoo has two currency options: SGD and USD.

Besides the two currencies offered, MMF in MooMoo enable Mooers to use them immediately for their investment purchases when the right opportunity arrives. (Do take note of the redemption rules.)

So, are you on the lookout for low-risk high interest rate products?
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