Salary.sg Forums - View Single Post - Possible to earn passive income without investing in stocks?
View Single Post
  #12 (permalink)  
Old 27-05-2020, 11:33 PM
sinkingfeeling sinkingfeeling is offline
Super Member
 
Join Date: Apr 2020
Posts: 173
sinkingfeeling is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
If you're very risk averse, can consider parking your money in CPF or in high quality bonds. Bonds are generally considered as safer than stocks (but not entirely risk free!). Tradeoff is that returns are also correspondingly lower.

If you are OK with moderate risk taking and have a long investment horizon (10years and up), suggest you can explore Dollar Cost Averaging (DCA) into low cost index funds. Simple, fuss-free and doesn't require much effort in monitoring.

At the end of the day, your returns are proportional to the amount of risk you are willing to take.

Thanks for your advice I scared scarli buy bond then end up like hyflux

What is long investment horizon?

Reply With Quote