I have 150k in cash and haven’t started investing yet. How do I get started?

You can check out automated investing like stashaway, autowealth, moneyowl. Assess your risk tolerance, invest regularly, stay the course over the long term.

Moneyowl also offers a free one time financial planning as a trial so you can check them out.

Hi anon,

Perhaps you would like to elaborate a little on your current situation so that a more specific answer can be given. A more accurate picture really should take into account factors such as your current age, assets, liabilities, portfolio, cashflow, etc.

However, if you don't feel comfortable to share, I will do my best to send you some guidelines to work on

• What should I be looking at investing in? Asset classes have two broad forms, guaranteed and variable. Or you can look at asset classes as those with growth and those with income. Which suits you more depends on your goal. If you are near retirement, you should focus more on income assets. Growth assets would work if you have the ability to cope with more risk or have more time to grow them

• How should I distribute my cash? Again, this is dependent on your investment goals, as I mentioned above. However, I can say this: Don't throw everything into a single asset class. Diversify.

• What should I have set up before I start investing? A multi asset investment account, and a CDP account. Plus, nerves of steel, since you're about to start something that you've never done before.

• What are some educational tools that I can use and look at before I start investing? The seedly website has a number of good articles for beginners.

Hope that helps.​​​

If there's only 1 book I could offer you, it would be Jack Bogle's Common Sense on Mutual Funds where he explains the virtues of low cost indexing as much as possible and keeping things simple. Would recommend that as a start point and take it from there.

I would also advise against deploying it at 1 shot as for a first time investor it can be scary to invest and immediately watch the market fall which could trigger you into panic selling. Proceed with caution

All below borrowable from national library

Empower Your Investing: Adopting Best Practices From John Templeton, Peter Lynch, and Warren Buffet

Get Rich with Dividends: A Proven System for Earning Double-Digit Return

Portfolio Construction for Today's Markets: A Practitioner's Guide to the Essentials of Asset Allocation