Advertisement
Anonymous
35% DBS Multiplier with RSP(ETFs to be replaced with a 6-month SSB ladder to maintain Multiplier effect);
57% 3 ST Endowments(3-5yrs @2~3% interest);
2% IVMT (ETFs only);
6% Emergency saving;
Would like to:
(1)Increase IVMT %, but not sure by how much (can share your current SVGS/IVMT %);
(2)Diversify IVMT portfolio, but still undecided btwn Robo or DIY (Not investment-savvy, but aiming to achieve 5~8% annual return ideally);
(3)Ask for book recommendations on investing for beginners.
1
Discussion (1)
Learn how to style your text
Jonathan Chia Guangrong
29 Jan 2019
SOC at Local FI
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Products
4.7
1296 Reviews
StashAway Simple Guaranteed 3.55% p.a. (Guaranteed rate)
Cash Management
INSTRUMENTS
None
ANNUAL MANAGEMENT FEE
None
MINIMUM INVESTMENT
3.5%
EXPECTED ANNUAL RETURN
Mobile App
PLATFORMS
4.7
660 Reviews
4.6
934 Reviews
Related Posts
Advertisement
If you are looking to increase your net worth by about 100k over 4 years at an ideal rate of 8% roi pa, you are looking at a principal amount of $72~k to invest with. If your emergency savings is enough to cover about 6 months' worth of expenses, you can look to plough all available free cash flow into investments. If you are not investment savvy, consider using robo advisories though returns may not meet your desired roi. Book wise, consider the intelligent investor for a start. Learn to Earn or money: master the game may be good alternatives. As an alternative consideration, consider going through an investment workshop to learn more about investing and pick up a life long skill. You can then diy and potentially reach better returns on your portfolio. Hope this helps