facebookHave about SGD50k-100k for lump sum investment, and looking for advice on what's next for my beginner investment journey. Any thoughts? - Seedly

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Anonymous

11 Jul 2020

βˆ™

General Investing

Have about SGD50k-100k for lump sum investment, and looking for advice on what's next for my beginner investment journey. Any thoughts?

Current age: 33, started investing in Nov19, looking to get resale as a single at 35yrs old. Have gotten insurance and 1yr income saved up.
Current investment as follows:
POSB InvestSaver: SGD$200/month
StashAway: SGD$100/week
Thinking to pump SGD50k-100k into CSPX for long term holding. Any advice if IBKR or should go for local like DBS Cash Vickers? Will still have some cash leftover after investing. Or is my investment method wrong?

Discussion (7)

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Lin Yun Heng

11 Jul 2020

Senior Analyst at Delphi

You can consider Syfe's Equity100 portfolio. CSPX is a component of it. I just wrote an article about it hopefully it helps! Link is here
https://investingbeanstalk.wordpress.com/2020/0...

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Maybe you habe read this already,

it is written mainly to convey what to avoid

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

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