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Anonymous

28 Feb 2020

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How should I divide my savings from my monthly salary. Should I take part of the savings for investment? Partly for long term savings?

As I understand that if I park all of my savings in my bank account it will not compound and not going anywhere.

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Pascal S

28 Feb 2020

MBA Graduate at Singapore Management University

Save as much as you can.

Take a % of your savings for investments.

Find your comfortable Savings Rate and Investment Allocation Rate...

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Alex Chua

28 Feb 2020

Seedly student Ambassador 2020/21 at Seedly

A quick and disciplined way to put aside your monthly saving is through rsp or robo advisors.

I would advise differentiate savings and invest, they are 2 different things and purpose.

Most importantly, understand why you want to invest. Your goal and your risk profile. Then understand how investment works so that you will not be ignorant and indecisive in making responsible investing choices. As far as we can advise you, the ultimate judgement is still you

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MT2020

28 Feb 2020

Yes, you should set a sum of money for investing. Some ways to start is the regular savings plan or ...

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