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Jason Sing
26 Feb 2020
School Of Hard Knocks And Life at School Of Hard Knocks And Life
Priorities would be to set aside 10% of your monthly income and to invest in REITs and ETFs so that the money could be used in the future for the children's education and daily expenses.
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Priority will be to set aside some money every month for your next child's expenses....
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This is my personal strategy that I learned from a mentor: I would recommend investing 50% in a market portfolio like S&P500 ETF as it historically yields 10% return and has a general upward trend. Another 50% can be other individual stocks that you like and see a potential of 10% return. Diversification is always important. There is no reward for bearing unnecessary risks.