facebookI am 27, able to set aside about 400-500 a month to invest. I have researched on various platform/apps and came out with a few options. Any advice? - Seedly

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Anonymous

06 Jul 2020

General Investing

I am 27, able to set aside about 400-500 a month to invest. I have researched on various platform/apps and came out with a few options. Any advice?

I've manage to saved up and have my insurance & emergency fund settled. Looking to invest some of my salary (400-500) per month. Currently i'm looking at Syfe Equity100 and Kristal AI(VGT)/FSMone(VGT). I'm not sure if i should focus on one first instead of splitting that 400-500 into these 2 areas ($300/Mth to syfe and Remaining 200 save for around 3-4 months and buy in (VGT) from Kristal/FSM given that i need to buy a min 1 unit from Kristal/FSM. Kinda new to this and hope to seek some advices

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Tan Wei Ming

06 Jul 2020

Founder and Writer at Frugal Youth Invests

I would recommend Syfe Equity100 as it has a more diversified portfolio than just investing into VGT alone. I also noted that VGT has more tech holdings than QQQ and only 37.9% of QQQ is in VGT. So I think I will focus on Syfe and maybe a small amount of VGT on a irregular basis.

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