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Melvin Huang

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Melvin Huang

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Melvin Huang

  • Answers (2)
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Investments

Currently in my first year of work and have been investing 25% of my monthly take-home into POSB invest-saver & bonds (80% into STI ETF , 20% into SSB) and 25% into savings. Looking to diversify out of SG market once it hits $10k. Suggestions?
Melvin Huang
Melvin Huang
Level 3. Wonderkid
Answered on 27 Feb 2019
U don't need to invest in overseas. even local can have good investment tool. looking at etf and ssb it only earns u max 5%. if u have cash u can put at other platform like seedin. they are offering 10% P.A. this is the highest i see at the current market compare to stocks saving bonds etc.
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Investments

25 y/o, graduated from NUS about a year plus, currently have savings of 20k. Looking to invest in stocks, perhaps china and SG, any advice?
Melvin Huang
Melvin Huang
Level 3. Wonderkid
Answered on 27 Feb 2019
You don't have to go to china. Local market can grow your wealth. It really depends on the tools you use and the risk you can take.
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Level 3. Wonderkid
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