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Alvin Wang
24 Feb 2025
Financial Services Consultant at AIA Singapore
Hey! $500k is actually not a huge amount but it can be if you make the right choices that suits your needs.
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You'd have to consider your runway for the next 5-10 years and the kind of person that you are.
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what is your risk appetite? How long do you plan to invest this money for? would your rather start your own business? Are there liabilities that you'd want to focus on? There are countless ways to invest and manage your money but it must be suitable for your life stage and be aligned to your personal goals
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Depending on your needs, the answer will vary drastically.
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I divided my savings into two parts, one for savings, and 30% for investing in ETFs in tiger.