24 Jun 2020
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?
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Associate Director of Sales at Manulife Financial Advisers
My first recommendation would be to ensure that you have an emergency fund in place before making any investments. This should be at least 3-6 months of your living expenses.
As for diversifying your lump sum of $12,000, it is important to consider your investment objectives, risk tolerance and time horizon.
It is generally advisable to have a mix of different asset classes such as cash, bonds, equities and real estate investment trusts (REITs) in your portfolio to achieve diversification.
When it comes to allocating the $12,000, it's important to consider your risk tolerance, time horizon and overall portfolio diversification. A general rule of thumb is to allocate more to low-risk investments like CPF and bonds for the short-term and gradually increase the allocation to higher-risk investments like equities and REITs for the long-term.
It's worth noting that some people believe that you can predict the stock market and time the market, however, it is widely accepted in the financial industry that no one can predict the stock market with certainty.
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.
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