What should I do with 100k? Any recommendations on what to invest in?

By using Stashaway, you've hired a digital financial advisor to manage your money in relation to your goal and investment horizon. So you can definitely invest more with Stashaway.

But if you aren't sure about how you should plan your life over 40 years, it may be better speaking to a human financial advisor and running through options and doing some actual goals based planning for any short, immediate, and long term goals.

You would need a Blueprint to understand what should be your next move. Investing without a Blueprint, is like buying raw materials without knowing how your financial "building" is going to look like.

This would include planning scenario based planning if you plan on staying in Singapore and eventually becoming a PR or citizen, or planning for a time where you may move to another country or move back home.

It may include building a financial safety net in your home country, or in Singapore, and what currency you should be exposed to.

There's a lot of considerations required. If this is something you'd like to have a discussion about, you could drop me a message on Facebook. :)

Firstly, we need to have a complete understanding on our cashflow. Through this process, we will understand our earning ability and spending habit. Here is a guide to help you: https://www.blog.pzl.sg/understanding-your-pers...

Once this is completed, the general rule is to keep at most 6 months of your expenses in high yield accounts that provide a decent level of liquidity. This will form your emergency funds to meet your short-term expenditure needs.

Next, ensure that you are properly insured especially in terms of healthcare insurance. While we chase after our financial goals, do not forget the engine of this race - which is you! Thereupon, ensure that you are adequately covered in case of any health changes. Everyone wants to be healthy, but life is unpredictable.

Thereafter, you should aim to save at least 20% of your salary for your retirement. This is because it will form your only pension scheme. With this in mind, you are solely responsible for your own retirement needs. Put this set of money into tools that are capable of helping you grow your money for the long-term. Furthermore, avoid touching this set of money since it is meant for your retirement needs.

For any other investment, 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?

Through this process, you will understand yourself and the types of investment that suits you. Select a few that fits into your financial objectives and create a proper and diversified portfolio. Professionally, I help my clients to grow their money through a managed portfolio, with independent and professional advice from global investment firms like Mercer and BlackRock.

Here is everything about me and what I do best.