facebookIf I want to invest with a lumpsum of money (roughly 12k), where would be the most advisable option for me to diversify this sum of money if I want to gain a profit from this investment platform? - Seedly

Advertisement

Anonymous

24 Jun 2020

General Investing

If I want to invest with a lumpsum of money (roughly 12k), where would be the most advisable option for me to diversify this sum of money if I want to gain a profit from this investment platform?

Would there be a recommended amount of money I should put in each investment platform which will help me get a reasonable profit? 1) top up cpf 2) do fsmone rsf 3) do stashaway simple 4) do stashaway general investing 36% risk 5) do syfe 100% REITs?

Discussion (5)

What are your thoughts?

It's easy, but the different alternatives

come with different risks.

what not to do,

here:

https://seedly.sg/questions/what-is-your-genera...

View 1 replies

I wouldn't advise lumpsum at all, why not go for DCA instead?

You can do it over a span of 6-12 months. Let's say 12 months, then you can invest about 1k each month.

What I'd do is as follow:

  • $500 for FSMOne RSP (Can pick 2-5 ETF you like)

  • $300 for StashAway General Investing 36%

  • $200 for Syfe REIT+ portfolio

This is the best for DCA, in my opinion. If you really want to do lumpsum, then just buy 2-3 stocks that you really like, could be Amazon, Alibaba, Facebook, DBS, etc.

Cheers!

Go to libbyapp.com and login via your NLB account, and go borrow as many personal finance / value in...

Read 3 other comments with a Seedly account

You will also enjoy exclusive benefits and get access to members only features.

Continue with Facebook
Sign in with Apple

Sign up or login with an email here

Write your thoughts

Advertisement