Currently at 28 years old, Risk appetite: medium, with aim for wealth accumulation. How to go about starting phase of investment of $800?

Hi anon,

Your question is rather broad, but if I were you, I'd not invest the full $800/mth of cash flow. I would likely utilize around $600/mth of that and channel $200/mth to form my warchest. The quarterly bonuses will also be channeled to my warchest. This warchest is something I would deploy when opportunities allow; this is part of my hybrid strategy whereby I continously invest in the markets in order to DCA and avoid timing, yet keep some reserves such that I have buying power in times of crisis (which is when opportunities appear)

You may consider many options; the bulk of which has been listed by the other answers. There really isn't a one size fits all solution but at your age, you have time to try various methods ranging from ETFs to UTs to Robo; and ultimately you will find an asset allocation that you are comfortable with.

Before you begin, you might find it useful to ask yourself what your end goals are; is it a specific number you are aiming for in terms of assets? Or a certain amount of dividends that you wish to achieve every month? How much risk do you need to take, and how long do you give yourself to get there? This will allow you to have a clearer picture of the numbers you need, and the returns and capital you need to get there, so that you know if you remain on track or not.

You can consider:

1. Dollar Cost Averaging into Passive Index ETFs,

2. Robo-Investors;

3. Regular Savings Plans

I personally recommend the first one option since it has the lowest cost.

You would also want to consider between Growth investing and Dividend investing as both are different forms of wealth accumulation. If you are interested you can check out an article I wrote previously here about their differences: https://www.jeffreyleezq.com/post/so-growth-inv...

All the best. :)

- Jeffrey (jeffreyleezq.com)​​​