I have a messy portfolio. Help please?

Hi guys. I'd like some help with my investment strategy.

Some background.

In my twenties.
Working for a few years.
Intentions to "settle down" (house, wedding) in probably about 2 years.
Have my emergency funds in place
Consistently saving a large chunk (tgt with my SO) for the upcoming large expenses (reno, wedding etc).

As for my investment portfolio, I wanted to dip my toes in (everything) and end up having a really random portfolio.
10k in stocks in saxo,(a few random ones from SG and US), 8K scattered in 2 robot investors, and have the RSP ($100/mth) with DBS into the STI (for slightly less than a yr).

Have thought of redo-ing the entire portfolio, but am honestly in a mess and don't know where to begin.

Have thought of growing my dividend stocks to eventually off-set some expenses, but again, not quite sure how to start on that. Currently able to set aside only low hundreds per month for investing, but would like to channel it somewhere that will help building a small portfolio.

Help please?

Discussion (39)

What are your thoughts?

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Frankie Rappaport

01 Jun 2021

Without much thinking you could easily

work with a 1 investment only strategy:

MSCI ACWI ETF

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Zack

01 Jun 2021

If you really want to simplify your portfolio ;

Total stock market ETF

Total bond market ETF

Total international stock market ETF

Total International Bond ETF

with Four ETFs you will have exposure to the entire world's stock and bond markets.

Have these ETFs from the same provider under one brokerage account.

Allocation is based on your age.

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Weiting Ng

01 Jun 2021

Hello,

I think for any portfolio planning, you need to ask yourself what is the investment for or outcome you want to achieve.

Short term vs long term
How long would you want to stay invested?
What kind of returns are you looking for?
Gain in interest or regular dividend payout.
Are you able to take the risk or volatility in the market for the next few years?

How much do you need for your wedding, Reno?
Timeline for each payment.
When you select your flat, down payment, legal fee and stamp duty etc.

I think it is best to consult a trusted professional like financial consultant together with your girlfriend and plan out each step in detail over the course of changing needs.

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01 Jun 2021

Personally I would
1) Keep 1 robo
2) and the rest I will put into one brokerage account (e.g. interactive broker, TD ameritrade etc) to do my own stock selection and ETF.

Best is to know what is the purpose for you entering a certain investment. E.g. Long term? Growth? Dividend? Speculative?

Then adjust the weightage of each category based on the risk level you are comfortable of.

Do note that invest in what you are willing to lose and what you can afford.

Just my own opinion. But it is good that you have started your investment journey.

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