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Anonymous

18 Aug 2020

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General Investing

I've just recently opening an acc with FSMone and plan to use $200 per month for investing (cause im in uni), what should I invest in as a start and for a busy student?

I'm not very sure whether to start buying bonds now as its expensive (like SSB has a min of $500), or does buying ETF bonds (fixed income ETFs) function the same as buying a bond? Lets say following the 60/40 rule where 60% of investments should be bonds and 40% should be equity, does the ETF bond fall under bonds or equity? Or what other equities should I buy because I know stocks need to be very highly managed.

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Aidan Neo

18 Aug 2020

Financial Services Consultant at Manulife Financial Advisers

Good move on thinking about starting investment at such a young age. With a good time horizon and dollar cost averaging strategy put in place, you can consider VOO (Equity) and AGG (IG Bonds). You may decide on the %, however gotta fulfil the minimum of US$50 per month per fund just to make sure. You may kick off your portfolio with these first without much complication, as it tracks reliable index and have adequate diversification.

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Related Posts

Hi, I'm a uni student who just started investing using robo advisors for 6 months now. I'm looking to invest in stocks by myself, should I start with exploring the local market or foreign (US)?

I’ve just started working and with that I also started learning how to invest. Currently, my plan is to RSP $100 into STI ETF, Stashaway and Syfe per month. Would that be a good starting point?

I have zero experience at investing, am looking to trial using maybe $200 of savings per month for some less risky investments. Any recommendations on how to start?

Planning to invest $200 monthly using POEMS ($6 sale charge). Do you think this is worth it or I should wait until I can invest a larger amount monthly etc $400 a month since it’s the same $6 charge?

What happen if i stop FSMone RSP? I plan to invest $2000 in an US ETF per month for 4 months. Total investment amt will be $8K then i will stop RSP. Is that allowed? Or must I consistently put in money every month?

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