Anonymous

19 Nov 2019

∙

What is the best way to grow a lump sum of 20K for the next 5-10 years?

What are the different tools I should make use of?

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YX Toh

19 Nov 2019

Investing in an exchange traded fund (ETF) that tracks the S&P 500 such as the SPDR S&P 500 Trust ETF (ticker: SPY).

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Paridhi Jhunjhunwala

18 Nov 2019

Associate at Kristal.AI

Hi!

First, you should have an investment objective in mind. If you need the capital in 5-10 years, then taking too much equity exposure will not be advisable as they will be exposed to market risks. So you can take a conservative approach and have a higher percentage, say 70-80%, of your capital invested in debt, and the remaining in equity.
You can also try using a robo-advisor, which takes into account your investment objective and horizon to suggest an optimal portfolio for you. It is not too expensive to make use of their algorithm so a lot of your capital will not be eroded by any fee.
I work at kristal.AI, and it's my passion to evaluate various upcoming investment opportunities.

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Elijah Lee

18 Nov 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi anon,

There is no single 'best way' so I cannot give any specifics but you will have to conside...

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