If I were handling this year’s S$600 AP cash, I’d keep it practical. If essentials or medical costs are tight, spending part of it is perfectly reasonable—it removes stress and acts like a guaranteed return. If stability is the goal, I’d place it in a high-yield savings account or a 6-month T-Bill for safe, predictable growth. For investment, REITs offer 5–7% yields but fluctuate, while Bitcoin is high-risk and only suitable if you’re prepared for big swings. My balanced approach would be: 40% saved, 40% in T-Bills or fixed deposits, 20% in a higher-risk play such as Bitcoin or tech ETFs, keeping both stability and upside in view.