facebookIn my early 30s, trying to hit my target of 100k in investments by EOY. It is currently at 94k, should i use the 6k to invest into stocks or continue investing in mutual funds or ETFs? Not sure which. - Seedly

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Anonymous

14 Oct 2024

General Investing

In my early 30s, trying to hit my target of 100k in investments by EOY. It is currently at 94k, should i use the 6k to invest into stocks or continue investing in mutual funds or ETFs? Not sure which.

Any recommendation and advise?

Discussion (9)

What are your thoughts?

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I am not good in picking stocks so I will stick with ETFs.

Hello, this ultimately depends on your risk level as well. be sure to do your research and know what it means to invest in a certain type of asset class. if your current strategy is working well, in my opinion i will just stick to it as the market seems volatile now as well. you can read up on more investing options here to learn more

Why must be so emphasis on the 100K? I think it's just important to make sure it's well-balanced.

Diversify your portfolio, so depending on your preference, invest (unequally) into stocks/ETFs, T bills, SSB, money market funds, fixed deposits. You will need to allocate the percentage to your preference.

Continue with what you're interested in, why change if it ain't broke?...

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