Asked by Raimi Jasman

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? ?

Share this
Answer this question
Write your answer

Answers (1)

Sort by:
Most Upvote
  • Most Recent
  • Most Upvote
    • Gabriel Tham
      358 Answers, 639 Upvotes
      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.

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

      Comments (0)
      Share this

Manage your money for free today!

Download on the App StoreGet it on Google Play
  • Quick overview
    Quick overview of your bank and card transactions.
  • Secure syncing
    Secure syncing of your bank or credit cards transactions
  • Automatic categorization
    Automatic categorization and analysis for your expenses
Seedly app