I have a savings plan 200/mth from a few years ago. My AIA advisor recommended a 600/mth strategy; split equally in robo, AIA Pro Achiever and DIY portfolio. Any thoughts or things I should consider?

Professional Advice

You need to know whether you are capable enough to manage your own investment. If you don't need any form of financial advice, then you can choose to invest on your own. In effect, you may be able to save on some fees. On the contrary, you lose out on professional management and advisory services.

Cash Flow

As for your budget, I will suggest for you to understand your cashflow first. Through this process, we determine how much you should be investing for your future.

Here is a Guide:

Understanding Your Personal Cash Flow

Generally, we should aim to save and invest about 20% to 30% of your annual income. However, this general guideline may or may not work for you. In addition, we need to understand your investment objective, risk appetite, and other considerations before we can advise on whether it makes sense to invest $600 monthly.

Investment Risk

Finally, you get instant diversification when you choose to invest through an investment-link fund instead of a single stock. Accordingly, this reduces some of the investment risks that you may encounter.

More Details:

Types of Investment Risk that You should know

On the whole, if you have concern on whether you should put your money into the AIA policy, then you should spend more time to do further research. This is because such decision usually involves long-term planning. The last thing that you will want to end up with is to terminate the policy early and suffer from penalty (if any).

By the way, this is the latest fund performance from AIA investment-linked fund: https://www.blog.pzl.sg/aia-singapore-investmen...

I hope you will find these information useful.

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