13 Aug 2020
I’m in my 20s, still studying. Particularly Economics and Finance from a private university. Already started on STI ETF through RSP, looking into robo advisory next. However, should one enter robo advisory in lump sum or DCA? Also, where are some good places to look for value-added part-time jobs such as in the banking sector? I have school on every Monday and Tuesday, will I be able to find one? Or even where to find internships during my holidays? Lastly, i hope there’s someone who could mentor me or someone who are interested in investment that can impart some knowledge.
Mm what sort of part time role are you looking to get in the banking industry? Such roles may be limited to menial roles like administrative ones which may not add much value. You can try looking out for available roles via banking websites' career pages, or headhunting sites like jobstreet.
Internships wise, your school should be able to link you up with good internships that you can work on during your holidays. Youor school should be able to provide some form of advice in terms of choosing one as well.
Investments wise, what is your goal / objective when it comes to investing? There must be one in mind, like investing for retirement, or to achieve a milestone so that it can be used to pay off a big ticket item in future (wedding, house, etc).
If you can afford to, try attending investment workshops that are available out there. This can form your main portfolio and you won't need to look anywhere else. I went for one 2 years ago on selling options and never looked back. Benchmark for this is 30% p.a. compounded every year.
Hope this helps
View 4 replies
You can evaluate the price of each robo-advisors holdings based on the risk profile using investing....
Read 3 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts