Asked by Jonathan Lim

What are some of the ways that I can improve my investment portfolio?

Hello everyone. I’m new to investing so I was hoping to get some advice from all you financial gurus out there! My current portfolio: - $45000 in UOB One savings account -$600/ month RSP via POSB in the Nikko AM STI and ABF I read online that I should consider investing in overseas ETFs to expand my portfolio. Besides that, what are some of the ways to increase my investment portfolio?

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  • Hariz Arthur Maloy
    Hariz Arthur Maloy, Independent Financial Advisor at Promiseland Independent
    Top Contributor

    Top Contributor (Mar)

    Level 7. Grand Master
    Answered on 19 Mar 2019

    You may want to reconsider the STI investment.

    You'll want to build a globally diversified portfolio and understand your risk profile or your desired asset allocation.

    You can do so through an FA like myself or Robo FA like EndowUs or FSM Maps, using low cost actively managed funds or passively through ETFs either DIY or through a Robo fund manager like Stashaway or Autowealth.

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  • Jonathan Chia Guangrong
    Jonathan Chia Guangrong, Fund Manager at JCG Fund
    Level 6. Master
    Answered on 18 Mar 2019

    Learn about yourself first, how you handle money and investments. That will help determine your risk profile as well. Whether you can take a big drop in the market and still sleep at night. If you can't, you may want to read into something called an all weather portfolio. Comprising mainly of a global Etf, a local stock Etf and a bond fund or Etf. It'll help weather bear markets, as its name suggests. But in good times growth may be capped.

    Personally I can stomach some risk so I prefer to operate an options portfolio instead. Flexible in nature, and can still make good returns in any market condition. And I don't mean uninspiring single digit returns. Mid double digits and above is where I want my portfolio to grow on an annual basis, compounded.

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  • Nicholes Wong
    Nicholes Wong, Diploma in Business Management at Nanyang Polytechnic
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    Top Contributor (Mar)

    Level 6. Master
    Answered on 17 Mar 2019

    Yup you definitely should consider overseas ETFs. You can use robo advisors or buy ETFs yourself through a broker. You can buy US etfs or ireland domiciled etf from london stock exchange.

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