What would you do with 40K of savings set aside for investment in this market condition? - Seedly
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Anonymous

Asked on 01 Aug 2020

What would you do with 40K of savings set aside for investment in this market condition?

I'm currently a student with around 40K of savings set aside and my goal is mainly to create a strong portfolio to build off of for the years to come. Apologies that this is vague, but I'm not sure where to start. I already have some of these savings in a roboadvisory

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Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Aug)

Level 9. God of Wisdom
Answered on 01 Aug 2020

I would recommend not to think of 'market conditions', generally,

when You aim for successful investing.

Successful investing for retail investors means to

average out, stay put (longterm Buy & Hold),trading cheap, diversifiying, adding more regularly and to avoid all the very bad things mentioned here:

https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy

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ūüĎć
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Thank You!
Can you clarify
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