05 Jul 2021
Invest 10K for my child
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10k lump sum in low expense ratio S&P500 ETF.
dont have to do anything else ez. you'd be surprise( a good one) if you held it for maybe 20 years.
03 Jul 2021
Millennial at some company
Consider robo-advisors as the core, with a smaller allocation to some ETFs that invests future themes e.g. digital economy, aging population, innovation.
Considered lots of options (SA top ups, endowments, bonds), finally invested 15k from my 2 year old's angbao money with Endowus in 2 batches, end last year and start of this year. Hes currently up 2k+.
I would go with an ETF that tracks the S&P500 index such as VOO. The returns stands at around 10% co...
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