facebookWhat do you think about “concentration builds wealth, diversification preserves it”, given that S&P500 is quite diversified, as opposed to stock picking? - Seedly

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David Lim

07 Jun 2021

Events

What do you think about “concentration builds wealth, diversification preserves it”, given that S&P500 is quite diversified, as opposed to stock picking?

What investment recommendations would you give to individuals with a shorter investment runway (e.g. those in their 50s and older), who may prioritise liquidity?, what are your views on putting a large proportion (e.g. 90%) of savings into investments for individuals in their 20s-30s, especially in view of the low interest rate environment?, satellite tech then dont buy ASTS?

Discussion (2)

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50s and older. Capital preservation and dividends. Eg. 3 local banks, sg reits ETF, unit trust that provide monthly payout. So no matter how market swing you still get your paycheck.

20-30s putting 90% of their saving in investment are good. If we want our investment to take care of us when we are old, a strong commitment we must have to put money into it, while we young and still able to earn. But is it the correct investment is another question.

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https://www.youtube.com/watch?v=nmEJSulqDr4

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