Advertisement
Anonymous
I have savings of 2 years of my current salary and my only debts are a car loan and my HDB loan (less than a year left to pay). I have no investments.
9
Discussion (9)
Learn how to style your text
Reply
Save
Jonathan Chia Guangrong
07 Jun 2019
SOC at Local FI
Learn to invest on your own. Why take the chance of having your funds locked up in an endowment that offers uninspiring returns? Not to mention costly funds that won't lead to something decent? Buying into a few reits and ssb may potentially offer something on par if not better, returns wise, with the option to liquidate without much costs. Do examine the reits to see if they fit what you are looking for before buying into them. Hope this helps
Reply
Save
Jim Ng
20 Dec 2018
Marketing Strategist at https://www.bestseo.sg
Ultimately, it depends on your time horizon, your risk appetite, and your budget before you can determine what you should invest in. 👍🏼Cheers, all the best for your investing journey
Reply
Save
Low cost index fund investing (into STI ETF) makes a lot more sense by keeping fees to a minimal. Those cost savings add up over long periods of time too. SSBs are a great way to get some fixed income exposure.
If you don't have much time (or interest!), it doesn't make sense to become an active investor and start looking at blue-chips or REITs as its quite a big learning curve.
I highly recommend reading the Millionaire Teacher (can get a copy at NLB) which talks a lot more about the entire process.
Reply
Save
Lim Chun Long Jimmy
12 Nov 2018
Co-founder at PolicyWoke (Traded Endowment Policies)
Personally, I think that you will be better off investing on your own. In addition to STI "ETF + blu...
Read 3 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
You can test the banking staff by asking just one question " how much are you getting for each successful plan purchased ? ". Haha