Advertisement
Current portfolio
Saving:66%
Bonds:11%
Stocks/ETF: 23%
Appreciate if all can share your portfolio too. Thanks!
4
Discussion (4)
Learn how to style your text
Reply
Save
Pang Zhe Liang
13 May 2020
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
Firstly, we need to have a complete understanding on our cashflow. Through this process, we will understand our earning ability and spending habit.
Here is a Guide:
Understanding Your Personal Cash Flow
Depending on your life stage and goals, the proportion gets adjusted accordingly. Generally, the guideline is to keep 3 to 6 months of monthly expenses as emergency funds. (Part 4.1) Accordingly, this will form your short term savings.
This is in addition to the funds that you may need for the short-term, e.g. buying a house in 6 months time.
As for investment, it depends on your risk appetite. In general, we will want to invest at least 10% of our money for long-term goals, e.g. retirement.
I share quality content on estate planning and financial planning here.
Reply
Save
My current portfolio:
Cash (DBS Multiplier) - 62% (War Chest + 6 months rainy days fund)
Stocks - ...
Read 2 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 Products
4.7
486 Reviews
From $0
MINIMUM FEE
0.03%
TRADING FEES
Custodian
STOCK HOLDING TYPE
4.5
962 Reviews
4.9
128 Reviews
Related Posts
Advertisement
Hi there! Based on what I've read, you can start by simple budgeting: 65% essentials (housing, food, transportation), 30% end game (your future), 5% extras (small indulgences)