Anonymous

12 Oct 2020

∙

I have around $11K in liquid cash, $10K in Fixed Deposits for around 3 more years, $7K in Stashaway, $7K in P2P-Loan Seedin, $6.2K in AIA's investment, $1.8K in DBS's ETF RSP. Have I over invested?

3

Discussion (3)

What are your thoughts?

Learn how to style your text

Anonymous Poster

01 Oct 2020

11K is around 5 months worth of expenses including family allowance, investment allocation, insurance, etc, as background info

Reply

Save

View 1 replies

Jing Wei

01 Oct 2020

Since you have already prepared months of emergency savings, I don’t think you have over invested. Btw how’s yours Seedin returns so far? Is there many defaults caused my Covid?

Reply

Save

View 1 replies

Write your thoughts

Related Posts

Will be starting University in August, currently have about $57.2k in cash and $7k in investments. Planning to take up the interest free tuition fee and study loan, so about $11.8k per year. Opinions?

I am 25yo this year, saved around 50k. Been doing fixed deposits for quite a few years recently took out as I am planning to do investment, Are there any investments with higher returns than fixed deposit?

I'm 23 and in my penultimate year. I want to earn passive income by investing in ETFs through DBS Invest-Saver RSP. Which out of the 4 ETFs available will give the best dividends?

I have 30k savings on my DBS account that I can invest anywhere. Where should I park this extra money? Is DBS fixed deposit a good idea for invest for two plus years?

Hello! I'm planning to put in 10K, as a fixed deposit for 5 years, to earn some interest, under CIMB Why Wait fixed deposit Scheme (1.8% p.a if done online). Is this a good move?

Related Posts

Will be starting University in August, currently have about $57.2k in cash and $7k in investments. Planning to take up the interest free tuition fee and study loan, so about $11.8k per year. Opinions?

I am 25yo this year, saved around 50k. Been doing fixed deposits for quite a few years recently took out as I am planning to do investment, Are there any investments with higher returns than fixed deposit?

I'm 23 and in my penultimate year. I want to earn passive income by investing in ETFs through DBS Invest-Saver RSP. Which out of the 4 ETFs available will give the best dividends?

I have 30k savings on my DBS account that I can invest anywhere. Where should I park this extra money? Is DBS fixed deposit a good idea for invest for two plus years?

Hello! I'm planning to put in 10K, as a fixed deposit for 5 years, to earn some interest, under CIMB Why Wait fixed deposit Scheme (1.8% p.a if done online). Is this a good move?