facebookAs a fresh grad with no student loans, I have 20% of my income set aside for emergency savings + savings for big ticket items, 30% for passive investment such as ETFs, Robo-Advisors. Is this ideal? - Seedly

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          Anonymous

          06 Mar 2020

          Robo-Advisors

          As a fresh grad with no student loans, I have 20% of my income set aside for emergency savings + savings for big ticket items, 30% for passive investment such as ETFs, Robo-Advisors. Is this ideal?

          7

              Discussion (7)

              What are your thoughts?

              Arpita Mukherjee

              Arpita Mukherjee

              05 Nov 2019

              Level 8·Community Evangelist at Kristal.AI

              Hi Anon,

              Good to see that you're already doing so much to save and grow your money.

              You can start by not putting all your eggs in one basket. An ideal, successful portfolio requires thought and you must analyse each and every one of your investments rigorously before you invest. You might find this process daunting, which is why it is more beneficial to build your investment portfolio slowly over time, rather than rushing into making a ton of investments quickly. Allow yourself the time and space to grow and learn before diversifying or rebalancing anything. Of course, if your advisor tells you to do something specific, you should certainly take that into consideration too!

              Here's something more elaborate.

              I work at kristal.AI, and my mojo is to help people make the right financial decisions.

              If you think I helped you, do give me "Thumbs up". If you think my response was biased let me know, I will work on it.

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                  You could skip the robo and self invest because you already have good knowledge demonstrated by investing in ETFs.

                  My feeling is. that VT and VOO ETFs cannot be very wrong with longterm buy&homd approach (more than 10 years).

                  https://seedly.sg/questions/what-is-your-genera...

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                      Andy Sim

                      Andy Sim

                      06 Mar 2020

                      Level 10·HR Professional at a Financial Institution

                      Hi Anon, great to see that you are actually budgeting well and thinking about your future! I believe...

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