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Anonymous

11 Jan 2021

∙

General Investing

After saving up my emergency funds, what should I do to hit my next short and long-term financial objectives?

Am 31 and just saved up my emergency funds.

Have $16k sitting in DBS multiplier at the moment as emergency funds and $8k for investments. Am covered for insurance. Looking for advice on what I should do next.

I am dedicating $1600 each month for investing/saving.

My short-term goal is to have enough cash for house renovations/wedding in 4 years.

My long-term goal is to invest and grow my wealth with a horizon of 30 years.

I'm relatively risk-averse and would prefer to have roboadvisors make up the core of my investment portfolio.

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Musyaffaq

11 Jan 2021

Business Studies Graduate at Ngee Ann Poly

Wah congrats!! Honestly I haven’t reach there year, and I feel I would continue investing and doing what you’ve been doing? And maybe expand your emergency fund?

Maybe others who have experience alr let us know I would like to know too!! 🤗

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