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Koh Jun Hui

Koh Jun Hui

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Koh Jun Hui

4Upvotes
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Koh Jun Hui
Koh Jun Hui
Level 2. Rookie
Updated on 25 Mar 2019
I believe in every investment decision I make, it must fulfil 3 criterias: Valid reason Risk tolerance Time horizon Reason: The reason why I placed my money on this, instead of another. i.e. I made this investment to form part of my fixed income portion of my portfolio. Risk tolerance: How much am I willing to lose, am I willing to lose everything in this or a certain percentage and does the risk-reward ratio make sense? Time horizon: When do I liquidify my investments? How long do I plan to hold it. These 3 factors gives me sufficient consideration to come up with an investment plan. Especially when dealing with different types of investments. If any of the investment turns red, I re-visit these 3 factors to see if they still make sense. Hope it helps.

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Koh Jun Hui
Koh Jun Hui
Level 2. Rookie
Answered on 19 Sep 2018
You are 28, attached, you might get married soon. If single, you should be buying a house in 7 years time unless you're fine living with parents. Before anything, set goals, with milestones listed. 1. Protect your wealth - Health insurance 2. Accumulate your wealth - Investments 3. Plan for retirement - Lower risk, longer term investments/ forced savings As Kah Hwee has calculated, 14% per year returns is achievable, but there is definitely an amount of risk required to be taken if you can indeed achieve this. Judge how comfortable you are with taking risks. Read through the contents on the site to see where you can place your money.

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Koh Jun Hui
Koh Jun Hui
Level 2. Rookie
Answered on 19 Sep 2018
Look for your accomodation first, then with the remaining cash leave 6 months of your expenses aside as emergency fund. Then invest in yourself. Start a retirement plan and work towards achieving it. These are few options: 1. Investments 2. Purchasing Anuities 3. Pick up a hobby (good for health) 4. Read on wealth management 5. Enjoy life your own way. You're 46, take some time off alone to unwind and plan out your life. It will get better from there.

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Koh Jun Hui
Koh Jun Hui
Level 2. Rookie
Answered on 19 Sep 2018
Firstly, recognise that there is no way investments come without risk. Investments without any risk involved are called scams. Even banks go bust - Lehman Brothers. Lehman was the fourth-largest U.S. investment bank at the time of its collapse, with 25,000 employees worldwide (Nick, 2017). Get that clear and out of the way first because thats how people fall into scams when they hear a "no risk" investment. If you really want no risk, leave the money in the bank. SDIC covers per person up to $50,000 per bank, so you might want to diversify. The next option try Singapore Savings Bond, Maximum individual holding: $100,000 according to their website. Its backed by the government. Again, there's risk, however its from a government with AAA credit rating. So, again, are you alright with the risk? Just like what Elsa said, you might be better off with a fund manager or financial advisor instead of asking a community. However just be aware and learn some of these phrases like when can institutions use "Capital Guaranteed" or "Protected" etc. So you won't fall prey to people trying to use you for their own gains. Lastly, you are fortunate with this inheritance, do some charity work, it's happiness is what money cannot give you.
Level 2. Rookie
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