As an investment newb that is risk-averse, how should I allocate my Savings/ Investments(IVMT) ratios, in order to achieve 70~100K more in Net Value over next 4 years? X% = % of my current Net Value - Seedly
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Asked by Anonymous

Asked on 28 Jan 2019

As an investment newb that is risk-averse, how should I allocate my Savings/ Investments(IVMT) ratios, in order to achieve 70~100K more in Net Value over next 4 years? X% = % of my current Net Value

35% DBS Multiplier with RSP(ETFs to be replaced with a 6-month SSB ladder to maintain Multiplier effect);

57% 3 ST Endowments(3-5yrs @2~3% interest);

2% IVMT (ETFs only);

6% Emergency saving;

Would like to:

(1)Increase IVMT %, but not sure by how much (can share your current SVGS/IVMT %);

(2)Diversify IVMT portfolio, but still undecided btwn Robo or DIY (Not investment-savvy, but aiming to achieve 5~8% annual return ideally);

(3)Ask for book recommendations on investing for beginners.

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Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 6. Master
Answered on 29 Jan 2019

If you are looking to increase your net worth by about 100k over 4 years at an ideal rate of 8% roi pa, you are looking at a principal amount of $72~k to invest with. If your emergency savings is enough to cover about 6 months' worth of expenses, you can look to plough all available free cash flow into investments. If you are not investment savvy, consider using robo advisories though returns may not meet your desired roi. Book wise, consider the intelligent investor for a start. Learn to Earn or money: master the game may be good alternatives. As an alternative consideration, consider going through an investment workshop to learn more about investing and pick up a life long skill. You can then diy and potentially reach better returns on your portfolio. Hope this helps

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