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Anonymous

15 Jun 2021

∙

General Investing

Hi I am 43 years old. 730k cash savings. 200k in SSB. HDB fully paid. CPF SA 198k. CPF OA 70k.

Not sure of what kind of investment I should make? Should I invest 500k into vanguard index fund now? I have opened interactive brokers account. But the index fund price seems high. With annual expenses 30k, can I afford to retire now?

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Zac

15 Jun 2021

Noob at Idiots Invest

What's your risk appetite?

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PolicyWoke

15 Jun 2021

Turbo-charge Your Savings with REPs at PolicyWoke

Hi Anonymous,

We do have clients who bought resale savings plans from us, to grow their savings. Most of them are risk-averse and are looking for low-risk instruments such as _resale _savings plans.

Resale savings plans are those that were given up by original owners by selling to us, and we then put them up onto our website for resale. Most of the resale plans will mature within 5 to 15 years and the projected internal rate of return ranges between 3.6% and 4.6%.

For enquiries, you may contact us via our website, WhatsApp, Facebook or Telegram.

Disclaimer: PolicyWoke is a resale savings plans broker

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Caleb Seah Hua Xiang

14 Jun 2021

Annual expense of 30k means u need 750k invested into VTI and you're ready for your retirement.

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