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

Anonymous

05 Dec 2021

βˆ™

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?

Learn how to style your text

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.

​

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.

​

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 ...

Write your thoughts