Advice needed for beginner investor!?

Hi Glenn, it's very heartening to read that you are planning way ahead for your kid's education and for your retirement. Kudos on that! Compounding works beautifully when your time horizon is long.

For question 1, FSMOne has the lowest fees (https://blog.seedly.sg/which-regular-savings-pl...) so it can be a good start in terms of fees.

For question 2, you could look at the megatrends of the world such as e-commerce, gaming, etc, and position your portfolio accordingly as well.

You could take a core-satellite approach as stated in our article here, under "How Do I Go About Creating My ETF Portfolio?"

Extract from the article: "The core portfolio should comprise of passive investments that track major market indices. Additional positions known as satellites, are added into the portfolio. Investments found in the satellite portion are actively managed."

So your core portion can be VT/VOO and the satellite portion can be those that are a bit more aggressive to take advantage of the future trends. For an ultimate list of ETFs to choose from, you can check this out.

Hope this helps!​​​

Hello, I’m also a young investor and I do invest majority of my money in VT using FSM RSP. FSM is not bad for monthly RSP because of the low fees. If you are risk adverse and are not comfortable with large fluctuations, you should not invest 100% in equities. You should look into investing in Bonds too.

Actually, VT already invest in US companies. i’m not sure whether you need both the ETFs(unless you want to tilt your portfolio towards US markets) . I prefer VT over VOO because VT is globally diversified while VOO is 100% US equities. By diversifying globally, certain risks will be reduced significantly. Yes, US did have extremely high past performance but nobody knows whether it can be sustained.

On top of the basic ETFs, maybe you can look into specific countries or sector which you are very bullish on. Maybe China tech ETFs? Cloud computing ETFs? ESG ETFs? Remember to DYODD