facebookIs my portfolio well planned/diversified? Any recommendations? - Seedly

Anonymous

26 May 2020

General Investing

Is my portfolio well planned/diversified? Any recommendations?

Hi all, I'm 21 this year and I'm trying to achieve FIRE. My objective is long term with capital growth as well as dividends. I have $10k in SSB (my emergency funds).

I have another $20k current sitting in my SCB bank to invest. I will not be using these funds in the future. Thanks

My current plan for portfolio would be:
$3K in my RoboAdvisor
DCA of $100 in Nikko STI ETF
$2k into VUSA
$2k into PowerShares QQQ
$1k into Microsoft
$1k into Apple
$2k into Google
$1k into SGX
$2k into REITs

Discussion (2)

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Lin Yun Heng

26 May 2020

Senior Analyst at Delphi

In my opinion you are overstretching your resources. Microsoft, Apple and Google are already part of QQQ. Also $1k per position is rather small and comission fees may be high. Would be better if you enter each position slowly and don't rush.

Will skip the $100 DCA in STI ETF. STI index is a relatively poor performer while $100 per month aint gonna move the needle

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