QUOTE(BigMan123 @ Jul 30 2023, 09:58 AM)
Best investment is no doubt epf. Now they allow max contribution of 100k. You can also ask your hr to increase the monthly contribution rate.
Public mutual is hopeless
Historically, the only party guaranteed profit is the funds manager.Public mutual is hopeless
QUOTE(Longshot @ Aug 1 2023, 05:27 PM)
Personally, i will say it isn't about which investment is better or which isn't.
It's about building a portfolio where the least risk investment forms the base and from there you add on to riskier investment until the highest risk and reward.
You can start with EPF being your base. Build it up for a couple of years, then move on to unit trust with higher risk. Then add property or precious metal and then top it up with shares or crypto.
You then have a portfolio of various types of investment and can further diversify each segment, for e.g. properties can be for capital appreciation or rental or a mix of both with multiple assets. Shares can be blue chips or start-up etc.
Of course you can choose to specialize in 1 type of investment but that's risky as putting all ur eggs in 1 basket.
Alternative is just to diversify abit into 1 or 2 types.
Up to individuals.
Leverage amplify profit as well as losses.It's about building a portfolio where the least risk investment forms the base and from there you add on to riskier investment until the highest risk and reward.
You can start with EPF being your base. Build it up for a couple of years, then move on to unit trust with higher risk. Then add property or precious metal and then top it up with shares or crypto.
You then have a portfolio of various types of investment and can further diversify each segment, for e.g. properties can be for capital appreciation or rental or a mix of both with multiple assets. Shares can be blue chips or start-up etc.
Of course you can choose to specialize in 1 type of investment but that's risky as putting all ur eggs in 1 basket.
Alternative is just to diversify abit into 1 or 2 types.
Up to individuals.
Aug 1 2023, 05:44 PM

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