facebookJust created an IBKR account! Is my current allocation alright? I'm young (21) and looking for income growth. Risk appetite is relatively high, can swallow up losses up to 20% and not sell. Any advice? - Seedly

Anonymous

07 Aug 2020

General Investing

Just created an IBKR account! Is my current allocation alright? I'm young (21) and looking for income growth. Risk appetite is relatively high, can swallow up losses up to 20% and not sell. Any advice?

Going to invest $1k monthly into IWDA and $500 monthly into MCHI (as i believe in china's economy growth down the road 5-10years). Is this 2 etfs enough? I have a stashaway portfolio as well so i'm trying not to overlap etfs.

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Considering the maintenance fee charge buy IBKR i don't think this is a good idea, unless you do active trading aside from this ETF. I personally would go for ARKW which have a more consistent growth on the current world.

This sounds great and just make sure you have some amount (benchmark 6 months) of income stashed away for emergency. Of course this varies depending on your spending habits / liabilities.

What does stashaway give you now that IWDA / MCHI does not? How are you investing in IWDA? If the platform also allows you to buy what stashaway is providing (e.g. bonds?) then why not use it?

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