What to invest in?

Perhaps a good mix of US equities, Endowus, then get tax relief (if you're working) by topping up CPF SA/MA. won't recommend SRS until closer to 62... most start from 46. Save aside some for a good property too 👍🏻

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Afternote for robos: https://investmentmoats.com/money/comparing-the...

A very good start stead to work with. Starting passive through a good mix of ETFs and UTs through Robos thereafter work on the investing education to do it on your own would be best.

Hi anon,

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It's good to have a healthy cash reserve at your age, and your cash flow is very good also. I'm just going to talk in general terms here the best I can, based on the information that you have provided.

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Since you are new to investing, I would suggest that you try a little bit of everything.

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Local markets/foreign markets, bonds, equities, etc. Maybe even property if that is your cup of tea. Crypto even, if that floats your boat. There are plenty of resources that are out there but no matter how much reading and research you do, nothing will prepare you to actually enter the markets and obtain an asset class and watch it grow (or crash, as the case may be). Just because people are espousing a particular asset class or ticker does not mean it suits YOU.

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Only then will you be able to understand yourself better in terms of what you prefer, and what you can stomach and what you like to invest in. Sit through a market cycle. You'll know what is fear after that.

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The reason I say this is because hindsight is perfect. No one is guaranteed to make money off investing (plenty of people lose money in fact) and it may be easy to say that "I should have bought this stock/reit/bond/UT/ETF/coin/property" but losing money is going to be part and parcel of the game as well. So the earlier you discover yourself, the better.

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I know this is very general but it's really something that I'll just stress because I think it's important to drill this into your head.

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Lastly, between FSM and DBS, I would just say don't limit yourelf. Try every broker till you find a platform you like, or someone you can trust to work with (along with whichever platform he/she represents). Get a second opinion if you need to. The market may be going up but euphoria has a way of clouding judgement.

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Also, ensure you have a back up plan for downside events. Only invest what you can lose, even if the intention is not to lose it.

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And finally, make it a point to review your portfolio regularly. Understand your end goal and plan towards that. Towards the end of your investment journey, I suggest that you make sure you are pivoting your portfolio towards being invested for income. Nothing matters more than a stream of income (guaranteed or otherwise) coming into your bank account when you are in your twilight years.

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I wish you all the best.

Hi anon, you're in a very good spot to invest for your future.

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Personally, I'd use the bulk (60% or maybe more) to DCA into an etf tracking a broad index such as CSPX (S&P500) or VWRA (FTSE world index).

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Next, I'd probably put it 20% in dividend yielding stocks such as REITs and the SG banks. Can consider a REIT index such as CLR.

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Finally, the remaining amount can be used to top up your CPF (for tax deductions) or add to your investments. You can also consider holding 5% in cryptocurrencies if you see a use for crypto in the future.

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For more information on irish domiciled etfs such as CPSX and VWRA and the three fund portfolio I adapted to the SG context, check out my website (www.thedollarsapling.com).

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Hope this helps!