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Anonymous
Not married yet.Every mth still can save ard $500. Emergency fund set aside already. Thanks=) Recently started investing in ssb and stashaway (robo-advisor). My current portfolio has a prulink ilp (bought 7yrs back), a wholelife plan(bought 5yrs back), hospi plan. Premium for insurance is ard $3.6k/annum.Earning ard $45k/annum.
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Hariz Arthur Maloy
03 Nov 2018
Independent Financial Advisor at Promiseland Independent
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Jason Sing
03 Nov 2018
School Of Hard Knocks And Life at School Of Hard Knocks And Life
Before looking for new investment, re-examine what you already have so that you could identify any gaps that you could have. Work towards closing the gaps first before looking for new investment opportunities.
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Nicholes Wong
02 Nov 2018
Diploma in Business Management at Nanyang Polytechnic
Maybe you can consider topping up your CPF to earn good interest. Just that you cant withdraw early....
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Hey Anon, since retirement is about 35 years away, you should look to invest into a globally diversified portfolio if you want something passive, or learn investing yourself if you want something active and save on costs.
However one thing I would like to say is that when you're single and without kids, you should try and save at least 50-60% of your income. If this is an issue, I suggest you look into your expenses and try to trim things down.