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Anonymous

23 Jun 2021

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General Investing

What should I do with $1k savings every month to make more money?

With an additional $1k saving every month, what can I do to make more money?

Discussion (34)

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Hi, you need to work towards building an emergency fund (6-12x salary). Afterwards, you will need to make sure that you have your basic insurance coverage in place (medical, life and critical illness). Finally you can look into investing the remaining into ETFs, Mutual Funds, RoboAdvisors, ILP etc.

You can put into Syfe Equity 100 to grow your capital.

Emergency fund of 6 months should be a priority, get that down first.

Since you mention about maki...

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