Anonymous

18 Nov 2020

∙

Currently a freshman in poly, have saved about 150k. currently in scb jumpstart, dash easyearn, singlife, gigantiq. How should i invest? Better to lump sum or dca? thinking to invest all into tesla?

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Benson Ng

18 Nov 2020

Financial Advisory Consultant at Phillip Securities Pte Ltd

Great savings you have there as a poly student! 👏🏼 However, you may want to consider diversifying your investments. Do let me know if you need more info and help. 😊

One good book on stock investments will be The Intelligent Investor by Benjamin Graham. You can read during your free time.

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Jovan Lai

12 Nov 2020

Wow, I think that thought process is a little scary... From what you shared I assume you do not have any investments, just funds in different fixed income accounts?

I think it is wiser to learn more about investing first and speak to a financial advisor about investing. A safer way to start would be via passive investing ... DCA into a broad market index rather than an individual stock that is high volatile in nature. (High beta)

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Aik Keong Koh

09 Nov 2020

How risk-averse are you? Can you take a 20-30% paper loss? Or if you are able to lose 100% of it and...

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