facebookIf you have just $1000, how would you invest it? - Seedly

Anonymous

26 Jul 2020

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General Investing

If you have just $1000, how would you invest it?

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$1000 to invest for the rest of my life? IWDA. Hold till I retire or just pass down to next gen.

Elijah Lee

18 Jul 2020

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi anon,

I'd probably accumulate more capital and knowledge first.

Making 10% on $1000 in a year is just $100. You could probably gain more in your investment journey overall by building up your knowledge, and preparing more funds to invest, either by increasing your savings, or your pay.

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Chris Susanto

18 Jul 2020

Founder at Re-ThinkWealth.com

I would not invest it.

I will buy books and attend courses in learning how to increase my EARNINGS first. Then SAVE as much as possible. And then learn about INVESTING it.

Definitely into the S&P 500. A good rate of return of 7%.

Gideon Ng

17 Jul 2020

Blogger at FI Pharmacist

Hi Anon,

I think it very much depends on the time horizon that you have.

If you are still a long w...

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