The question is: how much risk are you willing, and can afford to take?
No one here can guarantee you an ROI of 20% because no one can predict what the future will look like. Look to stocks, properties, crypto, or even starting your own business. Find an area, understand the risks behind. Focus on picking up necessary skills. Believe in yourself and make the investment.
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Top Contributor (Dec)
Answered on 24 Nov 2020
Not sure if you meant 20% pa or 20% after 10 years. If it is the latter, it is very doable with some basic research. If you are open to international exposure, an all weather portfolio can serve your needs. If not, buying into an S&P500 ETF may help towards generating the 20% you are looking for.
However, if you meant 20% pa, this won't be easy. You'll likely need to go into trading, which itself will require some specific skillsets. Knowledge of the trading instrument, negotiation for price, strategies to use, trader psychology, etc. One example of such an instrument will be options on US stocks. There seems to be a growing trend of people getting interested in this, especially on seedly, so you may want to read up more on this. Easiest way to get into options is to watch some Youtube videos to improve your understanding.
Hope this helps. Do feel free to comment if you need further help. Cheers!
Are you referring to 20% pa? If yes, then i will say it’s quite tough to reach it.
S&P500 historical return is only 8-12% pa. Most fund manager/ hedge funds fail to even beat this.
In order to get 20% pa, you will probably have to speculate and concentrate your investment in a specific sector or maybe few companies. Also, you will have to be very lucky. This method is something which is usually not recommend as it’s just too risky.
A % cannot be guaranteed for any form of investment as there are many factors at play. But one investment that over the years have brought about steady growth and continues to get new highs is Gold. Gold is often seen as an alternative investment when currency weakens especially USD and over the years are seen as a “safe haven”. In 2020 alone, gold prices have elevated over 22% and will continue to grow for years to come due to higher demand and limited supply of gold. Consider investing in Gold. If you’re looking to start somewhere, comment below and I’ll be able to assist.