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Anonymous
I'm a fresh grad, new to investing here. Hi! I'm looking to take out around $350-$400 of my salary to invest.
Does it make sense for me to diversify by buying STI ETF + Robo-Advisors (Global ETF)? What's the benefit of diversifying if I'm looking to hold this for the next 5-10 years when according to what I read, there's generally an upward trend in terms of returns? (As compared to only buying STI or only Global ETF)
How should I decide on the split?
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Justin
Edited 01 Dec 2022
Content Strategist at Seedly
If you're young, you should focus more on building capital. Remember that this can done by first investing in yourself (ie. your skillsets and a well-paying job).
As for investing, the general consensus is to go with an S&P 500 ETF as you can afford to take more risk. If you don't want to go through the trouble of reading up a lot, this is where robo advisors come in (but you still need to do your research).
If you're investing in an ETF, it is already diversified and any further diversification will hamper your returns in my opinion. Roboadvisors also use ETFs, or their own custom portfolios so just pick one.
Here are some resources to help you get started :)
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1) Does it make sense?
If u r building passive income, make sense to invest in Sg market. Howev...
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I think this depends on your risk appetite and investing style. If you are willing to put in the effort to research into companies then I would suggest buying individual stock. If not a hassle-free way would be to invest monthly into ETFs like S&P500