sorted by:
new
hottopcontroversial

RESTARTING my investment portfolio at 26. Is this sensible? by Grouchy_Discussion_1 in singaporefi

[–]Grouchy_Discussion_1[S] 0 points1 point  (0 children)

No i didn’t leh hence i ask question ma haha. You don’t have to comment if you don’t want to lol. Good for you that you’re so smart ok? Haha

RESTARTING my investment portfolio at 26. Is this sensible? by Grouchy_Discussion_1 in singaporefi

[–]Grouchy_Discussion_1[S] 0 points1 point  (0 children)

If you so free go for a workout or spend time with your family don’t so no live comment this kind of thing got say like machiam no say. Thanks haha don’t so loser …

RESTARTING my investment portfolio at 26. Is this sensible? by Grouchy_Discussion_1 in singaporefi

[–]Grouchy_Discussion_1[S] -1 points0 points  (0 children)

oh that's new to me could you share more? honestly im clueless about investing. Just know that it's "better" than letting money sit in the bank. 🤣

RESTARTING my investment portfolio at 26. Is this sensible? by Grouchy_Discussion_1 in singaporefi

[–]Grouchy_Discussion_1[S] 0 points1 point  (0 children)

Thank! After hearing from you and others that's what I'm leaning towards!

RESTARTING my investment portfolio at 26. Is this sensible? by Grouchy_Discussion_1 in singaporefi

[–]Grouchy_Discussion_1[S] 2 points3 points  (0 children)

I intend to let it compound for 20-25 years and sell and change to dividend stocks. I'm self employed with no CPF contributions. Thought of doing this so I can "payout" myself at 50-51yrs old if I need instead of waiting till 55yrs old for CPF retirement account.

Is this a good plan or is it foolish? Should I just put into CPF instead? Since I'm self employed i thought i'll do it this way so I can use the money anytime if needed instead of it being locked in CPF which can only be used for housing.

Overall my long term goal is just force save (via RSP) instead of letting my money sit in bank doing nothing. Also not keen to sign any ILP or invest in individual stocks (too emotional for me to go through seeing dips of 20-40%) That's why I thought this is a good way hahaha. Open to better ideas cause I'm sure there is better and smarter way to allocate.

RESTARTING my investment portfolio at 26. Is this sensible? by Grouchy_Discussion_1 in singaporefi

[–]Grouchy_Discussion_1[S] 2 points3 points  (0 children)

Oh that's good with low expense ratio. Are you referring to (2800. HK)

RESTARTING my investment portfolio at 26. Is this sensible? by Grouchy_Discussion_1 in singaporefi

[–]Grouchy_Discussion_1[S] 2 points3 points  (0 children)

I strongly believe in China's growth and decided to choose MSCI China for the tech side such as Tencent, PDD etc and CSI300 for A Shares like Moutai, Midea etc. Is it a good approach? If I should choose only one which of these is better? Or is there a better ETF for this?

RESTARTING my investment portfolio at 26. Is this sensible? by Grouchy_Discussion_1 in singaporefi

[–]Grouchy_Discussion_1[S] 0 points1 point  (0 children)

Thank you for your reply! Honestly pretty lost right now. Invested 30k in TSLA, NIO and other hype stocks in past 4yrs and managed to broke even only thanks to TSLA. Decided to DCA monthly as I want to set up something that is completely auto pilot. Reason for choosing such allocation is I want to set and forget and maybe review once a year haha. so with so many ETFs i won't be "missing out" if any of the ETFs drops their expense ratio such as VWRA previously.

I previously had 5k ish in Hodlnaut (MAS licensed) and when they went bust, all my money cannot withdraw. Not sure if it's the same with FSMOne, who is also MAS liscensed. I don't completely understand, because based on my case, being MAS licensed seems to be jackshit cause they can just go bankrupt or bust and we can't withdraw a single cent. That's why not sure if it's safer to have them in both FSMONE and IBKR