Asked 2w ago
I am 52 and retiring early. I am unfamiliar with investing—I’m currently invested only in 2 condos, FDs, and the S’pore Savings Bonds. I am debt free. With more time on my hands now to learn and invest in new and trending investment products, may I have your suggestions as to what a ‘newbie’ investor like me may do with $250K cash sitting in the bank? I am pretty conservative in my outlook and value STABILITY and for INCOME as key criteria. Thanks in advance, folks!
Hi Anon, absolutely agree you should focus on stable income and if I may add, capital preservation. You shouldn't be taking too much risk on this money.
Here's how I would split a conservative portfolio meant for the above.
Global Equity - 20%
High Quality Fixed Income - 20%
Annuities - 40%
Gold - 10%
Cash/Cash alternative - 10%
This will make sure a good portion to be fully guaranteed while a small portion able to provide some long term return to adjust the full portfolio for inflation, while the rest to give some immediate and some deffered lifetime income.
Show More Products