facebookI am pretty new to investment, I set up a few investment portfolio based on my financial goals respectively. Was wondering if is that a proper way to do it? - Seedly

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Anonymous

05 Apr 2020

SeedlyTV

I am pretty new to investment, I set up a few investment portfolio based on my financial goals respectively. Was wondering if is that a proper way to do it?

Should a typical person have less or one portfolio, and lump all of the money together?

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Discussion (4)

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Hariz Arthur Maloy

05 Apr 2020

Independent Financial Advisor at Promiseland Independent

You should have different portfolio allocations for different goals.

A 5 year goal should be allocated differently to a 30 year goal even if you're an aggressive or conservative investor.

A 5 year goal can't take the same risk and thus should be less exposed to equity while a 30 year goal is far enough for you to hold a 100% Equity portfolio.

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Pang Zhe Liang

05 Apr 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

Difficult to give you proper advice without knowing your portfolio and yourself in detail.

Generall...

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