I have $5000 to invest, and I’ve already settled my emergency savings, insurance, all that jazz. Where should I put this $5000? - Seedly
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Anonymous

Asked on 18 Jun 2020

I have $5000 to invest, and I’ve already settled my emergency savings, insurance, all that jazz. Where should I put this $5000?

I was thinking:

$3000 into IWDA (via Kristal)

$2000 into Syfe REITS (100% REITS)

What would you suggest?

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Boon Peng
Boon Peng
Level 6. Master
Answered on 18 Jun 2020

Hello there! I think ETF is a great product to own because of the low fees. My opinion on your portfolio seems fine to me. Its a great start.

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Eliezer
Eliezer, Content & Community Lead at Syfe
Level 6. Master
Answered on 22 Jun 2020

It's great that you're planning to invest! Before you start, the general rule is that you should always invest with your risk tolerance and investing timeline in mind. If you are planning to invest for the longer-term, and are comfortable accepting more risk in your portfolio, then IWDA and Syfe REIT+ are both good options.

Going forward, you may consider adding a portfolio that has diversified exposure to bonds and commodities as well. You can take a look at Syfe's Global Portfolio. The exposure to bonds acts as a good counter to stocks and REITs when markets are volatile.

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Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 20 Jun 2020

Go to libbyapp.com and login via your NLB account, and go borrow as many personal finance / value investing books. Borrow books that are written from a practictioner perspective. Can start with beginer friendly:

The Five Rules for Successful Stock Investing by Pat Dorsey

The Ultimate Dividend Playbook: Income, Insight, and Independence for Today's Investor, Josh Peters

If books are not your cup of tea, there are a couple good US financial youtubers to follow

Graham Stephan: https://www.youtube.com/channel/UCV6KDgJskWaEckne5aPA0aQ

PPCIAN: https://www.youtube.com/channel/UCXtrYuGksGkkyls50lPWvYQ

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Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Answered on 18 Jun 2020

VUSD

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