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Anonymous

05 Mar 2020

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Stocks

What should I do next for my investment portfolio, given my situation?

I have 10k spare and already started on RSS.

Discussion (12)

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Read about longterm passive global, U.S. and Asia indexing ETF investing and about S-REITs.

Think for Yourself then, don't listen to crash prophets or media noise,

stay course, don't panic and sell when there are temporary market moves downside.

Pang Zhe Liang

24 Dec 2019

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

Before you start investing, it will be best to understand your objective. Here are some questions to help you:

  1. What is your capital?

  2. How will you want to invest your capital? E.g. lump sum or an amount on a regular basis

  3. How long will you want to stay invested? E.g. 10 years

  4. What is your risk appetite? E.g. How do you feel about short-term volatility?

  5. What is your objective for investing?

Once you have a better understanding on yourself, decide the asset class that you wish to go into, e.g. bonds, equity, or managed portfolio. Most instruments have their set of pros and cons. Therefore, take time to understand which instrument suits your objective and risk appetite before you start investing.

In any case, only invest money that you are comfortable with losing. This is because investment only yields non-guaranteed returns!

Here is everything about me and what I do best.

Bjorn Ng

14 Dec 2019

Business Analyst at 10x Capital

Hey! Kudos on you. For your 10K spare, do not "rush" to put it into somewhere first. Instead, use the time to expand your investing knowledge first. You don't want to end up putting into a stock, just because you have the spare cash (I made the same mistake). I understand you might think that then, your 10k will be underutilized. On that, there a few options. Put in SSB, or let it grow in bank accounts like UOB One, DBS Multiplier.

Once you feel you have gained some investing knowledge, that's where you explore what kind of investor are you, and what kind of stocks you will look at. Analyse those stocks, do your due diligence and valuation, and wait for the time to invest this 10k into it :) Hope it helps!

What is your risk appetite and how much time can you allocate per week to understand it?

With 10,000 to spare i would recommend investing into 2 stocks of your choice after doing your due d...

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