Advertisement

Anonymous

07 Aug 2020

∙

General Investing

Just created an IBKR account! Is my current allocation alright? I'm young (21) and looking for income growth. Risk appetite is relatively high, can swallow up losses up to 20% and not sell. Any advice?

Going to invest $1k monthly into IWDA and $500 monthly into MCHI (as i believe in china's economy growth down the road 5-10years). Is this 2 etfs enough? I have a stashaway portfolio as well so i'm trying not to overlap etfs.

Interactive Brokers

3

Discussion (3)

What are your thoughts?

Learn how to style your text

Yohanes Alfredo

21 Jul 2020

Considering the maintenance fee charge buy IBKR i don't think this is a good idea, unless you do active trading aside from this ETF. I personally would go for ARKW which have a more consistent growth on the current world.

Reply

Save

Sean Oh

15 Jul 2020

This sounds great and just make sure you have some amount (benchmark 6 months) of income stashed away for emergency. Of course this varies depending on your spending habits / liabilities.

What does stashaway give you now that IWDA / MCHI does not? How are you investing in IWDA? If the platform also allows you to buy what stashaway is providing (e.g. bonds?) then why not use it?

Reply

Save

View 1 replies

Write your thoughts

Related Posts

Are there any other investments I can consider for girls my age? I'm a high-risk taker and am able to swallow losses quite well. Hoping to enjoy around 12% time-weighted return this year. Any advice?

Should I use Syfe REIT+ if I have I’m planning to put low capital (1-2k) in it? I heard REITs are not useful for low amount. Currently at a young age with risk appetite and savings accounted for alr:)

Hi, I'm currently still in army, earning about $800 from my allowance, what do you think is the best way to grow my savings? I'm looking at a little bit more growth in value, since i'm still young?

Advice for my current portfolio, I'm 21 this year and currently have 32 TSLA shares with a cost price of $287.529. What should I do now in the current market crash? Sell or hold?

Currently 25 years old and have been working for more than 2 years now. Income is not high, I'm drawing $3K now. Ultimate goal is to be rich. What should I do if I'm looking to grow my wealth?

Related Products

Interactive Brokers

4.0

38 Reviews

$0

MINIMUM FEE

Market Spread

TRADING FEES

Custodian

STOCK HOLDING TYPE

Moomoo Singapore

4.7

481 Reviews

Saxo Markets

4.5

957 Reviews

Related Posts

Are there any other investments I can consider for girls my age? I'm a high-risk taker and am able to swallow losses quite well. Hoping to enjoy around 12% time-weighted return this year. Any advice?

Should I use Syfe REIT+ if I have I’m planning to put low capital (1-2k) in it? I heard REITs are not useful for low amount. Currently at a young age with risk appetite and savings accounted for alr:)

Hi, I'm currently still in army, earning about $800 from my allowance, what do you think is the best way to grow my savings? I'm looking at a little bit more growth in value, since i'm still young?

Advice for my current portfolio, I'm 21 this year and currently have 32 TSLA shares with a cost price of $287.529. What should I do now in the current market crash? Sell or hold?

Currently 25 years old and have been working for more than 2 years now. Income is not high, I'm drawing $3K now. Ultimate goal is to be rich. What should I do if I'm looking to grow my wealth?

Advertisement