I’m 18yo this year and planning to invest . I’m looking to invest for the long term( 10+years). I do have a separate emergency savings. Let me know your thoughts and advice on this.
In SGD,
$7500 in IWDA (world) using Saxo
$1200 VWO (emerging market) using Kristal AI
$750 QQQ (US tech) using Kristal AI
$1200 in S-reits20 using Syfe
I did not include bonds as I am young and I can accept the fluctuations.
Thank you so much
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Lin Yun Heng
08 Jul 2020
Senior Analyst at Delphi
Sounds pretty logical to me. If i were you, I'll be allocating more towards QQQ and ride on the growth that big tech firms are enjoying right now. With the trend of AI/IOT/5G/Cloud Computing coming up, tech is really where the growth will be in my opinion but that is still up to you to decide how you want to allocate.
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My opinion:
1. Overweighting US. IWDA is already 65% US. Add QQQ in and you're overweighting FAANG and the "usual suspects".
2. Too little exposure to China. I am of the opinion China will overtake US. It's just a matter of time.
3. Local bias. Singapore is only 0.4% of the world economy.
With this portfolio, you are (if my calculations are correct):
~53% US
~5% China
~11% SG
~31% RoW (rest of world)
My suggestion:
Instead of IWDA+VWO, go with VWRA. This one ETF alone covers both developed and emerging markets.
Instead of QQQ, invest in a China tech ETF. 9169.HK and KWEB come to mind. There are a few more good ones, just Google :)
Use the funds originally intended for VWO for the China ETF instead.
Reduce Singapore exposure.
I personally am:
35% US
45% China
15% RoW
5% SG