facebookI'm a 26F, working for 3 years, earning 5k a month after CPF. I bought insurance, with current savings of about 100k. 80k invested in local dividend stocks and robo (DCA $250 a month). Any financial advice for me? - Seedly

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Anonymous

23 Jun 2020

General Investing

I'm a 26F, working for 3 years, earning 5k a month after CPF. I bought insurance, with current savings of about 100k. 80k invested in local dividend stocks and robo (DCA $250 a month). Any financial advice for me?

Discussion (6)

What are your thoughts?

My situation is quite similar to you except I'm a few years older than you are and this was a question which crossed my mind just quite recently.

I also started out with primarily dividend yielding UTs and SGX stocks and I've been pretty pleased with those but wanted to look into more growth oriented products. What I dabbled in was some cyrptocurrency, some US ETFs and stocks. Maybe you can look into those too. Otherwise, you can speak to an RM or walk into the branch to speak with a personal banker, they will try to sell you endowments (which I think are decent products for those who want a brainless but disciplined and low risk approach to investing) but you can tell them to share other more growth oriented UTs. Different banks offer different UTs, so it might be helpful to speak to a few where you have accounts. May or may not be helpful, but I've always found that they help give some perspective into my investing journey.

But you're in a pretty good position imo! All the best!

Dont marry the wrong man, and your financial trajectory should be smooth

Kudos on saving up $100K at your age! We get this question alot but would waanna know if you have sp...

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