What should I do with my savings of $10K in my remix e-savings account? I have sufficient back up funds aka emergency funds. Should I split the $10K into various % for SSB/STI ETF/go for a holiday a portion of it? ? - Seedly

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Asked by Raimi Jasman

Asked on 24 May 2018

What should I do with my savings of $10K in my remix e-savings account? I have sufficient back up funds aka emergency funds. Should I split the $10K into various % for SSB/STI ETF/go for a holiday a portion of it? ?

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Gabriel Tham
Gabriel Tham
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Top Contributor (Aug)

Level 8. Wizard
Answered on 25 May 2018

That is a sound strategy, splitting into SSB and STI ETF. The allocation is entirely up to your risk profile. Allocating more to ETF can mean higher potential growth but also subject to more volatility. Allocating more to SSB can mean stability and stable returns but also lower potential gains.

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Going for holiday is also good, we all need to relax once in a while!

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