facebookI have no knowledge & experience on investing. what is a good percentage to invest from savings? I want to grow my wealth as I don't want to rely on paycheck & also want to pursue my dream at some pt? - Seedly

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Chloe Z

28 Dec 2020

Retirement

I have no knowledge & experience on investing. what is a good percentage to invest from savings? I want to grow my wealth as I don't want to rely on paycheck & also want to pursue my dream at some pt?

Discussion (3)

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A common recommendation is to start by investing about 10-20% of your savings, but it really depends on your comfort level and financial goals. If you're new to investing, consider low-risk options like index funds or robo-advisors, which help diversify your portfolio while managing risk. Gradually increasing your investment as you get more comfortable can help you build wealth over time without feeling too exposed. Like Escape Road Game this racing game to test your skill.

Use robo-advisors, set aside 6 months worth of emergency funds and invest the rest

Amount invest = monthly salary - expense - saving

If u have done ur saving for

  • emergency fund
  • f...

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