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Anonymous
I currently have private shares in a local run crypto-company and am able to purchase more at the preferential rate. I also have a Securities account that I can make use of.
I am considering to invest in a robo-advisory (StashAway). Have been told to consider purchasing a property together with my parents, purchase ETFs etc.
Do not have much savings.
Am open to all suggestions and investments. I have a medium to high-risk appetite personally.
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Victor
25 May 2021
Financial Service Consultant at AIA
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Alson Chia
06 Sep 2020
Head of Operations & Trading at Tokenize Xchange
Ok since you have stated a medium to high-risk appetite, maybe you can apoortion your portfolio to the following: crypto, stocks, interest rates, cash
More explanation here: https://medium.com/tokenize-xchange/the-blue-ch...
As for stocks, if you are not comfortable picking your own, you can go for ETFs/indexes. I would suggest US stocks as compared to SG stocks.
So for interest rates, this portion is the less risky type of "investments". You can opt for Singlife, which is giving 2.5% APY for 1st 10k, and 1% APY for next 90k. You can also get into crypto earn for USDT using the crypto.com APP, they provide 10% APY on your crypto. However, do bear in mind if forex risk between SGD and USD.
Lastly hold cash for your emergency funds!
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ETFs buy&hold:
60% VOO
15% VGT
15% CQQQ
10% physical gold
(don't rebalance, let run)
more important: invest more regularly when you are young
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$50,000 is not a small sum of money. First you should split it up into your expenses, savings as well and investment. As i believe you are still at a young age, you could buy more individual stocks to grow your portfolio.
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As mentioned, go invest into the robo-advisors to grow your liquid capital....
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