29 May 2021
Consider taking more skills and investing in more aggressive holdings.
Depends on your risk/return expectations and risk tolerance. For SGX, go with utilities and government/Temasek-backed companies. Singtel, Capitaland and SBS are my top picks as they represent essential services. SIA, Keppel Corp, Sembcorp a bit risky due to cyclical downturn from COVID-19 at this point in time, where aviation and oil and gas have been suffering.
For US market, tecommend to try diversifying to both tech and non-tech, or if all else fails, just go with a low cost ETF like VOO or SPY to ride out the economic recovery. Do note that you may see sharper swings.
26 May 2021
Financial Service Consultant at AIA
Learn more skills
14 Apr 2020
Financial Services Consultant at Colin Lim
During my NSF time, i stay in camp and save alot of money in bank... But i didnt do anything to it. 😂
Its good to see you have start doing something and growing your wealth.
First, dont force yourself to buy because you just want to invest that remaining 5.5k
When i ord, i rest 3 months, found a job after another 3 months. Start your planning first.
I would suggest you put a small amount into StashAway, and invest a small amount every month ($100/$200). Since the market is climbing, StashAway gives away higher than normal interests with little risk and no management.
14 Apr 2020
Financial Consultant at Great Eastern Financial Advisers
If I am in your position and this 5.5k is not a necessity for me to use it in near futur...
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