Anonymous

27 Aug 2020

∙

General Investing

Hi, I have about $5k spare cash after putting aside emergency funds?

Hi, I have about $5k spare cash after putting aside emergency funds and are invested in Roboadvisors through DCA . I came across Seedin, a P2P with good reviews. Is it really as good as it sounds?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Yang Teng

27 Aug 2020

SeedIn charges lesser fees compared to its competitors on interest received and is one of two crowdfunding investing platforms that offers secured and unsecured investment opportunities. However, the investment opportunities are available to maximum 12 months and there will be frequent reinvestments should you choose to continue. Additionally, the application process, which includes significant documentation and a suitability test, appears to be more burdensome than other P2P/Crowdfunding investment platforms.

If you are looking at a long term investment, this may not be very suitable for you.

Reply

Save

Write your thoughts

Related Posts

If you had $100K spare cash (with emergency fund set aside), what would you do with it?

I'm 28. After setting aside 12 months emergency fund, do I still need to allocate money to savings? Or should I use my spare cash to invest or top up CPF?

Hi. What will you recommend to do with remaining cash of S$ 200 - S$ 400/month for investment? Risk appetite: low - med. have set aside enough for emergency funds too.?

Hi, I am a beginner in investing, looking to start with robos. After setting aside emergency fund, is it wise to DCA 20% of my salary into robos instead of putting it in banks?

Hi Sam, if you’ve a fund of SGD1M (cash & CPF): 1. How’d you allocate the fund?Cash (market correction) stocks bonds gold/silver insurance emergency fund 2. What’s the ratio if we include property?

Related Posts

If you had $100K spare cash (with emergency fund set aside), what would you do with it?

I'm 28. After setting aside 12 months emergency fund, do I still need to allocate money to savings? Or should I use my spare cash to invest or top up CPF?

Hi. What will you recommend to do with remaining cash of S$ 200 - S$ 400/month for investment? Risk appetite: low - med. have set aside enough for emergency funds too.?

Hi, I am a beginner in investing, looking to start with robos. After setting aside emergency fund, is it wise to DCA 20% of my salary into robos instead of putting it in banks?

Hi Sam, if you’ve a fund of SGD1M (cash & CPF): 1. How’d you allocate the fund?Cash (market correction) stocks bonds gold/silver insurance emergency fund 2. What’s the ratio if we include property?