facebookI have no knowledge & experience on investing. what is a good percentage to invest from savings? I want to grow my wealth as I don't want to rely on paycheck & also want to pursue my dream at some pt? - Seedly

Chloe Z

28 Dec 2020

Retirement

I have no knowledge & experience on investing. what is a good percentage to invest from savings? I want to grow my wealth as I don't want to rely on paycheck & also want to pursue my dream at some pt?

Discussion (2)

What are your thoughts?

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Use robo-advisors, set aside 6 months worth of emergency funds and invest the rest

Amount invest = monthly salary - expense - saving

If u have done ur saving for

  • emergency fund
  • future big ticket item. Eg house
  • war chest

Then
Amount invest = monthly salary - expense

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