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Extra 1K every mth- what to invest?

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  #1 (permalink)  
Old 11-07-2017, 02:02 PM
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Default Extra 1K every mth- what to invest?

I'm 25 this year and have around $1k every month to invest.

Any recommendations on what to invest in? I do not have any investment knowledge and am not a risk taker. Thanks!

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Old 11-07-2017, 03:35 PM
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Hi PinkRobot,

Forums and public arenas are probably bad place to seek investment advice as good advice needs to be paid.

That said, if you are risk averse and have a limited budget you can try investing in Unit Trusts(UT). Unit trusts are basket of investments formed to manage a portfolio of stock exchange securities, either targeting a particular or broad sector, region, country etc in which small investors can buy units.

A good Unit Trust has lower volatility as it usually consist of 100+ different stocks in a portfolio. Even in a worst case scenario where one of the companies bought went belly up, the UT value will only go down by 1% given that the stock distribution is equal.

UT are also one of the most liquid investments as fund managers are mandated to buy back the UT at any dealing time at that given sell price, giving investors immense liquidity.

As an investor myself, most of my funds are in UTs rather than in the banks. I merely keep enough to service my expenses.

For you, if you want braindead super low volatility and you are ok with 3% ish average yearly returns over a period of time then:

UOB United SGD Fund Class A SGD Acc
Manulife SGD Income Fund

You will be able to see from the price movement and the chart a very consistent upward line with minimum downtrend.

These are usually the funds I personally use to "sit" my money as above.

In addition, should you want something that is relatively low volatility yet sexier, you can check out:
Fidelity Dividend Fund
Like the first fund, this is a highly rated fund in the industry earning a 5-Star Morning Star rating(the highest) in the financial world. This fund aims to invest in dividend yielding stocks who are market leaders in their field with rocksolid revenue and profits. Some of the companies invested includes Procter & Gamble, a giant in consumer stables; Johnson & Johnson, a giant in healthcare; Pfizer & GSK, both giants in the healthcare industry. Although this fund has returned a 10.7% over the past 1 year, it has returned a consistent 13.1% on average annually over the past 5 years. And most importantly for such a return, this funds remains comparatively of lower volatility. Making it a darling in the eyes of investors.


You can invest your monies through online portals such as fundsupermart.com.sg or work with a trusted financial adviser that uses iFast, Navigator, Philips platform that can execute trades for you and advise you when to in/out a particular UT at given times.

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Old 13-07-2017, 06:09 PM
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Quote:
Originally Posted by BusinessSingapore View Post
Hi PinkRobot,

Forums and public arenas are probably bad place to seek investment advice as good advice needs to be paid.

That said, if you are risk averse and have a limited budget you can try investing in Unit Trusts(UT). Unit trusts are basket of investments formed to manage a portfolio of stock exchange securities, either targeting a particular or broad sector, region, country etc in which small investors can buy units.

A good Unit Trust has lower volatility as it usually consist of 100+ different stocks in a portfolio. Even in a worst case scenario where one of the companies bought went belly up, the UT value will only go down by 1% given that the stock distribution is equal.

UT are also one of the most liquid investments as fund managers are mandated to buy back the UT at any dealing time at that given sell price, giving investors immense liquidity.

As an investor myself, most of my funds are in UTs rather than in the banks. I merely keep enough to service my expenses.

For you, if you want braindead super low volatility and you are ok with 3% ish average yearly returns over a period of time then:

UOB United SGD Fund Class A SGD Acc
Manulife SGD Income Fund

You will be able to see from the price movement and the chart a very consistent upward line with minimum downtrend.

These are usually the funds I personally use to "sit" my money as above.

In addition, should you want something that is relatively low volatility yet sexier, you can check out:
Fidelity Dividend Fund
Like the first fund, this is a highly rated fund in the industry earning a 5-Star Morning Star rating(the highest) in the financial world. This fund aims to invest in dividend yielding stocks who are market leaders in their field with rocksolid revenue and profits. Some of the companies invested includes Procter & Gamble, a giant in consumer stables; Johnson & Johnson, a giant in healthcare; Pfizer & GSK, both giants in the healthcare industry. Although this fund has returned a 10.7% over the past 1 year, it has returned a consistent 13.1% on average annually over the past 5 years. And most importantly for such a return, this funds remains comparatively of lower volatility. Making it a darling in the eyes of investors.


You can invest your monies through online portals such as fundsupermart.com.sg or work with a trusted financial adviser that uses iFast, Navigator, Philips platform that can execute trades for you and advise you when to in/out a particular UT at given times.
Thanks for your reply! Will check out UOB United SGD Fund Class A SGD Acc and Manulife SGD Income Fund. Will be contented with 3% returns

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Old 22-07-2017, 01:41 AM
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Quote:
Originally Posted by Pinkrobot View Post
I'm 25 this year and have around $1k every month to invest.

Any recommendations on what to invest in? I do not have any investment knowledge and am not a risk taker. Thanks!
Not a risk taker? Invest in US 10-year treasury bonds. Virtually 0% risk because there is no chance of default by the US government. If the US government defaults, it means the entire world is in crisis and any other investments will also be hit.

If you are into unit trust, you might as well construct your own basket of stocks mirroring their trusts and save on the administrative fees.
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Old 22-07-2017, 01:41 PM
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Quote:
Originally Posted by Unregistered View Post
Not a risk taker? Invest in US 10-year treasury bonds. Virtually 0% risk because there is no chance of default by the US government. If the US government defaults, it means the entire world is in crisis and any other investments will also be hit.

If you are into unit trust, you might as well construct your own basket of stocks mirroring their trusts and save on the administrative fees.
Yup if you have $500,000 you can start doing so. $1k/month, naw.


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Old 23-07-2017, 09:47 PM
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Quote:
Originally Posted by BusinessSingapore View Post
Yup if you have $500,000 you can start doing so. $1k/month, naw.
Should invest in STI etf with your 1K pm
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Old 14-10-2017, 06:58 PM
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Quote:
Originally Posted by magneto View Post
REITS is quite a good idea now given the soaring en bloc sales......
Dude... REITs have very little to do with en bloc sales.

REITs invest in completed properties. In fact they are restricted from development work. They buy competed properties for yield and in any case they don't buy residential properties which form the bulk of the en bloc.
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Old 22-10-2017, 12:14 PM
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Quote:
Originally Posted by BusinessSingapore View Post
Hi PinkRobot,

Forums and public arenas are probably bad place to seek investment advice as good advice needs to be paid.

That said, if you are risk averse and have a limited budget you can try investing in Unit Trusts(UT). Unit trusts are basket of investments formed to manage a portfolio of stock exchange securities, either targeting a particular or broad sector, region, country etc in which small investors can buy units.

A good Unit Trust has lower volatility as it usually consist of 100+ different stocks in a portfolio. Even in a worst case scenario where one of the companies bought went belly up, the UT value will only go down by 1% given that the stock distribution is equal.

UT are also one of the most liquid investments as fund managers are mandated to buy back the UT at any dealing time at that given sell price, giving investors immense liquidity.

As an investor myself, most of my funds are in UTs rather than in the banks. I merely keep enough to service my expenses.

For you, if you want braindead super low volatility and you are ok with 3% ish average yearly returns over a period of time then:

UOB United SGD Fund Class A SGD Acc
Manulife SGD Income Fund

You will be able to see from the price movement and the chart a very consistent upward line with minimum downtrend.

These are usually the funds I personally use to "sit" my money as above.

In addition, should you want something that is relatively low volatility yet sexier, you can check out:
Fidelity Dividend Fund
Like the first fund, this is a highly rated fund in the industry earning a 5-Star Morning Star rating(the highest) in the financial world. This fund aims to invest in dividend yielding stocks who are market leaders in their field with rocksolid revenue and profits. Some of the companies invested includes Procter & Gamble, a giant in consumer stables; Johnson & Johnson, a giant in healthcare; Pfizer & GSK, both giants in the healthcare industry. Although this fund has returned a 10.7% over the past 1 year, it has returned a consistent 13.1% on average annually over the past 5 years. And most importantly for such a return, this funds remains comparatively of lower volatility. Making it a darling in the eyes of investors.


You can invest your monies through online portals such as fundsupermart.com.sg or work with a trusted financial adviser that uses iFast, Navigator, Philips platform that can execute trades for you and advise you when to in/out a particular UT at given times.
Hi thanks for sharing, these are very valuable information. I'd like to ask what is the difference between what you mentioned and UT purchased from bansk, for e.g. POSB invest saver that helps you buy UT on a monthly basis, harnessing what they call Dollar Cost Averaging.

In addition, how does one go about buying this Fidelity Dividend Fund you mention? Thanks in advance for your kind advice.
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Old 05-07-2018, 02:10 PM
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Originally Posted by Pinkrobot View Post
I'm 25 this year and have around $1k every month to invest.

Any recommendations on what to invest in? I do not have any investment knowledge and am not a risk taker. Thanks!
follow buffett advice.

just close eye put money into a ETF every month.

in 30yr time you will be rich
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Old 05-07-2018, 07:30 PM
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Bitcoin is the best for excitement


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SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
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