I am a 30 yr M single EP holder with 150K a year. Yearly expense 40K a year. UOB 1: 70K, SSB/FD:90K, UT/ Stock:160K. Life+Health insurance:1.8K Any ideas for deploying the rest of the funds?

Hi anon, there are tons of potential investment out there but the key is to make sure that it aligns with your financial goals and risk tolerance.

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Thus, with your marriage plans and masters in mind, it would make sense to estimate how much you would require for each of these. Thereafter, you can make plans on how much you need to set aside yearly. As 5 years is quite short, I would not suggest investing these money in stocks. Instead, place them in relatively safer assets such as bonds or fixed deposits with the goal of protecting your money against inflation.

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As for the rest of your income, I would suggest a passive investing strategy for any excess income that you do not need for the forseeable future. Either through roboinvestors or dollar cost averaging into ETFs that track a broad index like the S&P500 or World index. I personally own VWRA and CSPX.

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however, do make sure that you have sufficient emergency funds set aside for a rainy day. Do not invest any cash that you may require in the forseeable future.

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Hope this helps!

Firstly, start by brainstorming on macro goals. For instance, it could be to reach financial freedom or to retire in 30 years' time. On the other hand, it could be to create a step-up passive income stream so that it can become your kids' expenses in the future.

Next, calculate the exact amount that you need in order to achieve your goals. By having a well-defined goal, it gives us a clear direction and motivation for us to work towards our goals.

Thereafter, we will look for various financial instruments to help us achieve our goals. At the same time, different financial goals may require different risk management techniques. With this in mind, it is certainly helpful to know your goals and how much risk that you should undertake. After all, there are so many financial instruments today. Without knowing your needs, it doesn't make sense to throw some random instrumment in the hope that it is the right piece of jigsaw.

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