If I want to invest with a lumpsum of money (roughly 12k), where would be the most advisable option for me to diversify this sum of money if I want to gain a profit from this investment platform? - Seedly
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Anonymous

Asked on 18 Jun 2020

If I want to invest with a lumpsum of money (roughly 12k), where would be the most advisable option for me to diversify this sum of money if I want to gain a profit from this investment platform?

Would there be a recommended amount of money I should put in each investment platform which will help me get a reasonable profit? 1) top up cpf 2) do fsmone rsf 3) do stashaway simple 4) do stashaway general investing 36% risk 5) do syfe 100% REITs?

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Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Aug)

Level 9. God of Wisdom
Updated on 19 Jun 2020

It's easy, but the different alternatives

come with different risks.

what not to do,

here:

https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy​​​

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Frankie Rappaport
Frankie Rappaport

19 Jun 2020

Https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy
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Zi Shuen
Zi Shuen
Level 6. Master
Answered on 24 Jun 2020

I wouldn't advise lumpsum at all, why not go for DCA instead?

You can do it over a span of 6-12 months. Let's say 12 months, then you can invest about 1k each month.

What I'd do is as follow:

  • $500 for FSMOne RSP (Can pick 2-5 ETF you like)

  • $300 for StashAway General Investing 36%

  • $200 for Syfe REIT+ portfolio

This is the best for DCA, in my opinion. If you really want to do lumpsum, then just buy 2-3 stocks that you really like, could be Amazon, Alibaba, Facebook, DBS, etc.

Cheers!

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Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 20 Jun 2020

Go to libbyapp.com and login via your NLB account, and go borrow as many personal finance / value investing books. Borrow books that are written from a practictioner perspective. Can start with beginer friendly:

The Five Rules for Successful Stock Investing by Pat Dorsey

The Ultimate Dividend Playbook: Income, Insight, and Independence for Today's Investor, Josh Peters

If books are not your cup of tea, there are a couple good US financial youtubers to follow

Graham Stephan: https://www.youtube.com/channel/UCV6KDgJskWaEckne5aPA0aQ

PPCIAN: https://www.youtube.com/channel/UCXtrYuGksGkkyls50lPWvYQ

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Tan Chin Ann
Tan Chin Ann
Level 4. Prodigy
Answered on 19 Jun 2020

Make sure you have emergency funds first. There are no guaranteed profits in investing so you should slightly tweak your mindset a little, especially in the current market. Read up on the risks and types of investments. CPF is safe but does not have liquidity at all. No idea about FSM but stashaway simple is a low risk investment in MMF that returns est. 1.9%.

36% general investing is going to be hard for you since you’re fixated on earning profits as it will be heavily invested in equities which is very volatile.

100% REITs could sound good as it performed well but it will be affected by covid. DPU will definitely decrease and there might be lower returns than previous years.

Just keep in mind that investing is not a trick to get rich. If you’re asking questions like this I suppose you’re unsure of which sector to get into which shows that you’re not ready.

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