I am currently a university student with quite a sum of savings, what should I do?

Dear Anonymous, first of all, well done. You have really done well in your business. I think the strategy you have proposed is workable. But do note that dollar cost averaging generally do not work well in an up market. Of course, we do not know if the current market is sustainable. No one can guess. So if you feel comfortable doing what you have proposed, I think it's fine. For me, I will set aside enough for emergency fund into an SSB and with the rest of my money, I will invest 60-70% of it at one go and keep the rest as dry powder, just in case the market goes below 20%, I can invest a bit more but still for the long term and not to move in and out. But just make sure you don't get caught up with trying to time the market as very few people can do it right most of the time. I wrote an article on Sunday Times on this so you might want to read it here https://advice.moneyowl.com.sg/breaking-the-add...

Also, MoneyOwl is having an investment symposium on the 25th morning. If you are keen, you might want to sign up here https://www.eventbrite.sg/e/moneyowl-investment...

All the best!

Wow that's fantastic! If you are good at running the business and able to save so much, perhaps the wiser choice would be to reinvest in your business to scale it up to make more money.