Anonymous

16 Dec 2019

∙

Where should I invest 40K of my savings?

What are my options and what should I keep in consideration?

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Wong Ming Yao

16 Dec 2019

Product and Community Associate at 8VIC Global Pte Ltd

Hi,

I assumed that you have settled your insurance coverag and also set aside 6 months of emergency funds.

Before investing the money, I think you can start off by setting your own long term goal. With a goal to work towards and the number of years to reach that goal, you can reverse engineer the required rate of return to select your own investment tool.

Also consider reading some investment related books such as Rich Dad Poor Dad, One Up Wall Street and 5 Rules of Successful Stocks Investing.

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Wilson Nid A Break

14 Dec 2019

If you don’t reveal more of your financial plans/appetite/circumstances, how can people help you?

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Pang Zhe Liang

14 Dec 2019

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

Before you start investing, it will be best to understand your objective. Here are some questions to...

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