Am a 20y old poly student is investing $300/month. Willing to take as much risk as possible and lose up to 50% of my wealth? - Seedly
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Anonymous

Asked 2w ago

Am a 20y old poly student is investing $300/month. Willing to take as much risk as possible and lose up to 50% of my wealth?

Any advice for my current investing plan?

Current portfolios :

Stashaway

36% - 3.4k

30% - 1.9k

Syfe

Reits - $1.2k

Equity - $900

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    Tbh, i don’t know why you are using so many different portfolio at once, since you are looking to maximise returns by taking on higher risk, you should be allocating the most to Equity100 instead.

    I feel like you want to diversify by using 4 different portfolios but it’s very suboptimal given your capital.

    My recommendation for you is to concentrate on Syfe Equity100 instead, and couple it with a few growth ETFs such as WCLD, ICLN, SOXX and ARK ETFs of your liking.

    Essentially Equity100 will become your CORE holding and those ETFs can be your SATELLITE holding.

    The reason stashaway is not optimal is because with your Low capital (<25k), you’re actually paying 0.8% annually to them for a portfolio which focuses on downside risk.

    Equities beat the hell out of any other asset class in the long run, so if you are young and able to take risk, you should be allocating to equities because businesses grow over time.

    Personally I am 22 this year, holds 100% equities + crypto, my 2020 annualised gains was 78+%.

    Hope this helps!

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    Lin Yun Heng

    Lin Yun Heng

    1d ago

    You can read The little book that beats the market or One Up on Wall Street! Really 2 of my favourites!!! I still re-read One Up from time to time to keep on refreshing my knowledge!

    Dee

    1d ago

    Awesome! Thank you Yun Heng, will check those out this weekend. :)
    Thank You!
    Can you clarify
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    Unpopular Answer: Invest in yourself and increase your earning power in the future

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    Sharon

    Sharon

    6d ago

    Great to see a fellow GIM member here! :) See you around.

    Question Poster

    6d ago

    Trying my best to invest in myself! any direct help such as online courses, books, videos u recommend?
    Thank You!
    Can you clarify
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    Hi there,

    I'm not sure why are you holding on to so many portfolios. This will have the effect of "Over-diversification".

    I will recommend you use to close down the StashAway portfolio that is at 30%.

    on a personal level, I hope you know that other than the management fees by StashAway, there is also the ETF expense fees. Which means, end of the day, you're paying about 1% or so. Hence, I will recommend you to choose between StashAway 36% risk portfolio or Syfe Equity100, for the growth portion.

    As for the Income portion, I will guess you to use Syfe REITs without risk management rather than the StashAway Income portfolio. As this portfolio purchase to the individual REITs directly, so the fees that you're paying will only be the management fees by Syfe.

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    Question Poster

    6d ago

    Hi i believe me overdiverifying was a beginner move, nevertheless, i would repeat that 'mistake' over again as that was the main way for me to learn and compare different results from different products. equity vs risk portfolios. However after a year of overdiversifying, i have now fully moved my funds to equity100! i started out robos at 19, and believe it was the best way to get hands on experience in investing in a 'structured' manner
    Thank You!
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    Agree with yun heng, really no point over diversifying given that your capital isn't huge to begin with. Focus on one or two portfolios and let it compound better

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    Question Poster

    6d ago

    Hi yes, i believe i did overdiversify, but as i started investing at 19, i believe that by overdiversifying, i have learnt more about different products and meanings of jargons such as equities/bonds etc! and now i'm focusing fully on Syfe equity100!

    Jesslyn

    6d ago

    Yes good learning experience, good luck!
    Thank You!
    Can you clarify
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    Is your investment long term or are you planning to use it within the next few years? If you can tank up to 50% loss, just max risk and ride it out.

    Stashaway

    5.4k- 36%

    Syfe

    2.1k - 100% equity ,

    1.2k in reits aint gonna give you good dividends.

    Consider this article by yun heng, it gives a bigger perspective about the 2 products above. In the end, you have to make the decision since the money is yours. We can give all the advice here but whether you wanna use it is another thing. ATB.

    https://investingbeanstalk.wordpress.com/2020/07/31/syfe-vs-stashaway-which-robo-is-better/

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    Question Poster

    6d ago

    Hi Rick, how would you recommend on 'growing' the 1.2k to 10k, full on head first to equity100?
    Rick

    Rick

    6d ago

    Many ways i would say: 1. DCA every month to current your equity100 2. DIY if you wanna try and dare to How to get more money? you are 20 years old, nothing stops you. I am a full time programmer and i do side hustle as a kicthen helper and waiter sometimes in Japanese Izakaya (i am a Japanese learner hehe). If i can? why can't you? i can help you to refer you if you want to try.
    Thank You!
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    Hi, are you investing more for capital appreciation or more to generate passive income? :)

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    Question Poster

    2w ago

    Hi, Im looking to maximise growth with as much risk as possible! I would rather lose this few thousand than to lose tens of thousands when im older! Money can always earn back and Im very optimistic about the markets. Thank you for your time!
    Thank You!
    Can you clarify
    I wonder if
    This is so helpful 👍
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