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Anonymous

05 May 2020

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Currently, I have a small amount of inheritance in the upper 5 digits range and awaiting proceedings sale from my late grandad house which would bring it to probably low 6 digits. How should I invest?

I am about a year into my job. I am planning to get my own place preferably a condominium in about 6 years time (I will be 30 by then but earlier if possible). I am not sure where to start. I have a robo-advisor and I do pump in money monthly about 1k at the moment. Other than that there isn't much. I am not keen to locking in money like those insurance-linked. I want something that is liquid but yet is able to grow money. I want to try trading but fear I won't be profitable :/

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Wilson Nid A Break

05 May 2020

You might want to start by improving your financial literacy first, go to libby.com and borrow all personal finance / value investing books out there.

Nobody had the obligation nor responsibility to give you lifelong recommendations on how to manage/invest your monies.

If you want to seek a shortcut in investing, you most likely are selling short of yourself, and putting a waste to the inheritance your family members whom had worked hard to bequeath to you

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