Anonymous
As someone in my 20s with high risk appetite and 2.5k to invest monthly. How would you invest it if you were me (more info in comments)?
I'm looking at either STI on vickers or S&P500 on FSM. Currently leaning towards S&P500, any opinions?
13
Discussion (13)
Learn how to style your text
Reply
Save
Tan Yu Ji
14 Aug 2020
Economics at Nanyang Technological University
$2,500 every month is a lot! I would not recommend STI at all as the growth is too stagnant. If you want to, invest into S&P500 (VOO) or into robo advisors like stashaway and syfe. Let me know if you need a referral code!
Reply
Save
Ow Jie Liang
14 Aug 2020
Student Ambassador 2020/21 at Seedly
I would put money with a robo advisor (e.g. stashaway) for an index with high risk as well as trying my hand at individual stock picking (please do your own due dilligence and practice proper money management). I would also put a bit of money into cryptocurrency as a "hedge".
I would also advice against taking a position with STI.
Reply
Save
S&P500 on FSMOne is much better choice, in relative to STI ETF. Some other choices are FTEC, QQQ, CQQQ, etc
I'd also go for Cryptocurrency such as Bitcoin and Ethereum (only a small portion, maybe $200 - $500) since you have high risk appetite
Reply
Save
S&P500 definitely, you can consider other ARK etfs also but do note FSM only allow a limited amount ...
Read 7 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Products
FSMOne Fundsupermart
4.3
254 Reviews
$8.80
MINIMUM FEE
0.08%
TRADING FEES
Custodian
STOCK HOLDING TYPE
Moomoo Singapore
4.7
479 Reviews
Saxo Markets
4.5
957 Reviews
https://wealthwrangler.wordpress.com/