Spare Cash

[GreenTeaIceCream]

What would you do with 100k cash?

 

[satayxp]

depends..
alrdy set aside emergency savings (of up to 3 yrs expenses)?

 

[zhenquan108]

set aside emergency ,
set aside liquid .
rest invest ETF / Funds / Stocks & Shares

 

[GreenTeaIceCream]

Yea. Should I invest them (not sure how though I have an acct with poems) or park them like in a uob one account.

Def not enough to try to start a small business right?

 

[djchris]

Yea. Should I invest them (not sure how though I have an acct with poems) or park them like in a uob one account.

Def not enough to try to start a small business right?

If you are asking us if you should set up a business, then you definitely should NOT set up a business with the money. Do so only when you know what you want to do and have to passion and will to see it through.

 

[Shiny Things]

Yea. Should I invest them (not sure how though I have an acct with poems) or park them like in a uob one account.

Depends when you think you'll need the cash. If you're planning to spend it in less than three years, then you'll want to keep it in the bank; if you're planning to spend it in less than five years, you'll want to put it in the bank and in bonds; if you can keep it invested for more than five years, then you can invest in stocks as well.

 

[ValueInvestor]

What would you do with 100k cash?

SSB coming out le, can park there.......... if u dun want take risk


if u can take risk, buy stocks la... higher returns

 

[Gummy Bear]

SSB coming out le, can park there.......... if u dun want take risk


if u can take risk, buy stocks la... higher returns

So if the TS will to invest in stock.. How will he know which stock to invest in? Where do you normally "scan" for stock?

 

[doody_]

So if the TS will to invest in stock.. How will he know which stock to invest in? Where do you normally "scan" for stock?

I mean, you got the cash and you're here looking for ideas, and you got them too. Now you wanna know all the details and how to execute the idea too? Why not he give the money away instead? You know, when you buy a stock, even your broker wants to get a commission from your trade... no one is going to give you free advice.

 

[itedino]

100k ah. Invest in Fixed deposit to be super safe. Why u got so much??? Rob ah

 

[okiedokie]

So if the TS will to invest in stock.. How will he know which stock to invest in? Where do you normally "scan" for stock?

haha read shiny things' thread... invest in etfs and bonds

 

[GreenTeaIceCream]

Ok thanks for the advices... I'll probably invest in a s&p 500 etf and some bonds I guess. That ok?

 

[zhenquan108]

Ok thanks for the advices... I'll probably invest in a s&p 500 etf and some bonds I guess. That ok?

since you have an account at poems . u might want to consider ifast ?

buying yourself will be from fundsupermart. else i can help you open an account there, and we can discuss further

 

[starfish.starfish]

Ok thanks for the advices... I'll probably invest in a s&p 500 etf and some bonds I guess. That ok?

Erm, if you have to ask this question, I will say it's not ok.
Pls read more in shiny's thread, learn more about what are the risk and time frame before you do anything.

 

[Shiny Things]

Ok thanks for the advices... I'll probably invest in a s&p 500 etf and some bonds I guess. That ok?

Nope, not OK. I'm assuming you live in Singapore, right? If you do, you're going to want to invest in the STI for starters, instead of the S&P 500.

 

[doody_]

Yea, STI is a good idea. I'd say you can get decent returns even if you're fully vested in SG only.

 

[GreenTeaIceCream]

Nope, not OK. I'm assuming you live in Singapore, right? If you do, you're going to want to invest in the STI for starters, instead of the S&P 500.

Thanks Shiny!

Yea I'm from SG. Just wondering, is the market for sti relatively ok now for me to buy (prob about 80k or so) or should I wait for a certain pricing. Not sure how to look at it, but my friends are telling me to wait.

Sorry for the questions.. still learning so advices from pp like you are what's gonna form my learning and decision making for now.

 

[1nd3x1nv3stor]

Thanks Shiny!

Yea I'm from SG. Just wondering, is the market for sti relatively ok now for me to buy (prob about 80k or so) or should I wait for a certain pricing. Not sure how to look at it, but my friends are telling me to wait.

Sorry for the questions.. still learning so advices from pp like you are what's gonna form my learning and decision making for now.

I guess if you have the conviction that the price will go down (that's why you want to wait), then the right step is not to be idle (wait) but instead to short sell it (sell it now and buy at lower price later to make money).

Usually people who employ passive index investment is to diversify and not to time the market. We acknowledge that we could not predict the price. That's why we invest the same amount regularly (yearly, twice a year, or monthly).

If I were you, I will just buy STI regularly.

 

[limster]

Not sure how to look at it, but my friends are telling me to wait.

Ask your friends whether they also told people to wait during the last financial crisis and whether they missed most of the rally as a result.

 

[wts2013]

hahaha, your friends ask u to wait, but some pple here ask u to buy, who shld u listen?

Make your final decision by learning how to read the charts. If u decided to buy the STI etf, look at the STI chart, is it on a downtrend or uptrend? Use the simple technique taught by Adam Khoo, using moving averages, it will tell u is STI on a downtrend or uptrend now.

Another point to consider, dun dump all your 80k at one go.

With so much uncertainties, and the "crash" the past few days, does not make sense to buy now.

Use all these pointers to consider/make your decision. Ask them why u shld not buy now, why u shld buy now, and learn in this process.

Goodluck!