I'm a NSF getting around $600 per month. I have about $1000 of other income source. Investing in Nikko Am STI ETF, ABF Singapore Bond Index and Smartly. 10k in SSB. And about 6k in CIMB Fastersaver. What else can I do? ? - Seedly

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Asked by Anonymous

Asked on 26 May 2018

I'm a NSF getting around $600 per month. I have about $1000 of other income source. Investing in Nikko Am STI ETF, ABF Singapore Bond Index and Smartly. 10k in SSB. And about 6k in CIMB Fastersaver. What else can I do? ?

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Goh Kah Kiat
Goh Kah Kiat

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Level 4. Prodigy
Answered on 07 Jun 2018

You have a great start compared to your peers. I think you just need to increase your income source from future full time work and you should be fine. Given your interest in index investing, I'll refrain from recommending active stock investing to increase your returns.

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Gabriel Tham
Gabriel Tham
Top Contributor

Top Contributor (Aug)

Level 8. Wizard
Updated on 07 Jun 2019

Wow that's great! I think the bottleneck you face is income source. But that will improve when you ORD! NS really pays very little haha...

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Tee-Ming Chew
Tee-Ming Chew

28 May 2018

Agreed. I believe he has already a strong head start as compared to most people during their NS time!