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

Updated 3w ago

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 5. Genius
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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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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Joyce Tan
Question Poster

05 Nov 2018

Thank you!