facebookNew to investment and dont want money to continue sitting in bank. How would you recommend me to invest $30-50k effective now onwards? - Seedly

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Anonymous

05 Dec 2021

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General Investing

New to investment and dont want money to continue sitting in bank. How would you recommend me to invest $30-50k effective now onwards?

Emergency fund set up already, and aside from insurance premium, monthly expenses etc, I have about $30k-$50k cash which I can and wish to invest. For a long time horizon as I am only 30 years old. Advice on how to structure and start my investment journey? Beginner here. Thanks a lot!

Discussion (10)

What are your thoughts?

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SGX if you are low risk taker

ETF if you are mid risk taker

Crypto if you are high risk taker

I actually believe in investment, there is a platform I have been investing in for over a year now, ever since then my life changed to good.

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The platform pays both profit and capital after 24hours. https://Fortecholdings.com/register?ref=Mark

Divide this fund up for sure, to diversify. How you wish to allocate to different instruments is up to you, 'personalise' to your preference.

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If you want low-maintenance option to invest, can recommend robo. Lots of options in this arena!

I have previously written an article on how to get started in investing in stocks, you can check it out here to help you get started πŸ‘‰ https://thejoyfulinvestors.com/how-to-invest-in... In it, I shared some of the key pointers you should consider before starting on stocks investing. Hope it helps! πŸ™‚

Not sure about your risk appetite now. But it may grow, like how mine did.

Let me share my journey ...

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