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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.
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Definitely into the S&P 500. A good rate of return of 7%.
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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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$1000 to invest for the rest of my life? IWDA. Hold till I retire or just pass down to next gen.