23 years old this year. 60k invested. Still have 90k sitting in the bank. DCA or lump sum

Hey there Anon,

Firstly I must commend you on having acheived $150k by the age of 23.

To answer your questions:

• DCA or Lump Sum : depends on how well you know the instrument. Say you are still learning about REITS, so unlikely you will "time" your entry optimally. DCA would balance out the highs & lows, more importantly you maintain your investment frequency. IMO Lump Sum is more beneficial if you know your stuff, because it may be intimidating especially when putting a large amount (eg. $30000)

• Instruments: as YJ mentioned below, since most of your $60k is in STI, you can diversify your portfolio geographically by looking overseas. If you prefer to spend lesser energy & efforts, consider Robo-Advisors such as Syfe & StashAway. Also, look into growth ETFs/stocks (eg. Invesco QQQ Trust, FAANG stocks). Lastly, given the considerable size of your funds, I suggest setting aside a small portion ($5-10k) for cryptocurrencies.

Time in the market beats timing the market. Be it DCA or Lump Sum, you can take full advantage of compounding by starting now. All the best in your journey ahead!​​​

DCA, u need your emergency fund, wedding soon? $$$ also, housing?

what instrument to use?

What is your current 60k invest in?​​​