Just started to read up on investing and trying my hand on it at 25. Have placed a sum in Temasek bond and SSB, also trying ETFs and Robo-advisors. I still have 1k, should I place it in bluechips or robo-advisors? - Seedly
 

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Asked by Anonymous

Asked on 05 Nov 2018

Just started to read up on investing and trying my hand on it at 25. Have placed a sum in Temasek bond and SSB, also trying ETFs and Robo-advisors. I still have 1k, should I place it in bluechips or robo-advisors?

Should I place it in robo or blue chip?

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Brandan Chen
Brandan Chen, Financial Planner at Manulife Singapore
Level 7. Grand Master
Answered on 05 Nov 2018

If you still have 1k, i strongly suggest that you first save up to 6 months of expenses in a bank account as a rainy day fund.

If you have already done so, perhaps you can spend more time on your own personal education to have a deeper understanding of investments so that you are able to utilise your money better. With prices tumbling down since the start of this year, it may be a good opportunity to start picking out undervalued stocks when the crisis do come!

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Gabriel Tham
Gabriel Tham, Kenichi Tag Team Member at Tag Team
Level 9. God of Wisdom
Updated on 07 Jun 2019

As my friend Kenichi says, go for certainty first. SSB and temasek bond is a good start. Savings is the mother of all investment. Save up more, then with more capital you can reduce your investment cost too

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Question Poster

05 Nov 2018

Thank you!