facebookI am currently in NS (21) and started investing since last year. Any advice on what I should do next in my situation? - Seedly

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Anonymous

12 Jun 2020

General Investing

I am currently in NS (21) and started investing since last year. Any advice on what I should do next in my situation?

My currently portfolio leans heavily towards REITs and financial stocks. Ideally I would like to have 15% SGX, 20% bonds & the rest in US/HK stock. Currently I have 1.2k in cash and can save ~600 from my NS pay per month.

Current holdings
OCBC
ESR REIT
EC WORLD REIT
THAI BEV
NIKKO AM STI ETF
NIKKO AM ASIA EX JP REIT
Stashaway (16% risk)

I am up for all except the STI ETF (down ~8%). Should I sell and enter the US/HK market. Or hold and save till SSB rates recover? Any advice?

Discussion (3)

What are your thoughts?

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Just hold onto your existing portfolio, then divert monies to S&P 500 index for your index component

Lin Yun Heng

Lin Yun Heng

12 Jun 2020

Senior Analyst at Delphi Digital

Your portfolio is very REITs heavy. Looks like you either see financial bloggers holding many REITs but do note capital size matters. REITs main purpose is mainly for income and not growth. Us being in our 20s, I believe we should allocate more to growth stocks and capture the capital gains. You should continue holding whatever you have and start to load up maybe a growth based ETF (eg VOO VTI or a higher risk higher reward ETF such as QQQ) or if you know how to value a stock and pick them yourself, Singapore does have its fair share of growth stocks but USA will be where you find the multibaggers more often then not. Just a suggestion but all these depends on your own risk appetite and personality!

Why sell?

You could hold your current portfolio for income purposes and buy into new positions wit...

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