facebookHi Seedly conmunity, am new to investment but would like to start. Will like to have $50k invested - how much and where should I look at and allocate accordingly? - Seedly

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Anonymous

30 Dec 2021

βˆ™

General Investing

Hi Seedly conmunity, am new to investment but would like to start. Will like to have $50k invested - how much and where should I look at and allocate accordingly?

30 years old, able to invest the $50k for long term (can hold at least 10 years).

Thank you for all your kind advices.

Discussion (4)

What are your thoughts?

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Arman Mohamad

10 Jan 2022

Seedly Student Ambassador 2021/22 at Seedly

Hi Anon, if you're new to investment, you can start by looking at ETFs like the CSPX or QQQ. Stocks are a good way to start but that's if you're willing to have shocks when the stock dips.

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For newbies, I'd suggest that you stick with ETFs first before you venture into stocks.

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Then again, it's best for you to reflect on what your risk appetite is and what kind of returns you're hoping to get and you can work from there. Stocks are high risk, high reward and if you're not willing to see a portfolio that severely in the red, then you may be a mid-risk/low-risk investor.

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