Singapore Saving Bonds (SSB)
Regular Shares Savings Plans (RSS)
Asked by Anonymous
Asked 2w ago
Hi! I currently have invested $5000 in SSB and have a $100 RSP for STI ETF. I estimate around $1050 for expenses each month and was thinking of investing around $300/mth with my current salary. What would you recommend for me to invest in, with the extra $200 more per month? Feel free to let me know if $200/mth is too little, and I should consider lump sum investments too. New to investing, and won't have time for active trading or market monitoring.
I'd suggest skipping the STI ETF and going straight for a globally diversified portfolio through a financial advisor either digitally through a Robo or through a human advisor.
This would allow you to not worry about managing your investments as you can just up a Regular Savings Plan and automatically invest monthly.