Anonymous

15 Sep 2020

∙

I've just started my first job with a take-home of $2,400. I'm looking to invest and grow my wealth, but have no experience. What should I do?

I just opened the DBS Multiplier account with the Live Fresh card to up the interest. I have $12k in the SC JumpStart account after accounting for 12 months of emergency funds but will move my funds after the interest rate slash. How should I apportion the funds and my monthly salary across DBS, Stashaway (14% but open to changing), Stashaway Simple, and maybe other relatively low-risk, beginner-accessible investment options? Thank you!

DBS/POSB Multiplier Account StashAway

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Michelle (askmichellelee)

15 Sep 2020

Founder at Legacy Edge

Save first, set aside money to invest via dollar cost averaging. Then find a mentor or advisor who can assist you to accelerate your growth.

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Monbu

15 Sep 2020

Hi! I would recommend Singlife to deposit $10k of your emergency funds for 2.5% pa Although the interest is non-guaranted but I've been getting 2.5% so far!

No harm trying as there's no conditions and no lock in which means u can withdraw it anytime (in the event they slash the interest rate)
& also comes with free debit card for daily use.

U can use my referral link if u don't have 1 for $10 credit each (upon activating the debit card)

https://app.singlife.com/y9Vp4WXA48

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Wilson Nid A Break

20 Jun 2020

Go to libbyapp.com and login via your NLB account, and go borrow as many personal finance / value in...

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I’m in my 20s, still studying, are there any value-adding part-time jobs in the banking sector? I've already started investing on STI ETF, and I'm looking into robo-advisors next. Should I enter in lump-sum or DCA? How should I take my next step?

I just started my first job and I've set aside $500 a month to invest after deducting expenses and savings allocation. Where should I put my money? Looking for long-term investments in the stock market?

Currently in my first year of work and have been investing 25% of my monthly take-home into POSB invest-saver & bonds (80% into STI ETF , 20% into SSB) and 25% into savings. Looking to diversify out of SG market once it hits $10k. Suggestions?

Just graduated awhile ago & started a job w about $2.4k take home. Starting with $0 in the bank. How much should I save before investing? How many % of my salary should I invest & any wise strategy?

I'm a fresh grad, new to investing here. Hi! I'm looking to take out around $350-$400 of my salary to invest.