At the moment, everything is more or less set up. I have a broker account, a CDP account, and the money ready.
Due to a simple oversight, I forgot to bring along my security token and as a result, I am unable to make my first step into investing today before the long weekend.
Therefore, I will make a theoretical timeline of how I am intending to invest. Hopefully, this will serve as a reminder and guide for my wife and myself as we progress along.
We currently have a sum of $80k to start off with. With this, I am intending to put $50k into the STI ETF to start off with.
Therefore, we intend to begin with this:
- STI ETF: 100%
- Warchest $30k
Thereafter, with our regular savings, I intend to purchase in batches till I achieve this:
- STI ETF 40%-60%
- REITS 0-20%
- Bonds ETF 40%
- Warchest $30k
I am still deciding how much to put into REITS, seeing as it is more defensive in nature. Should I take the allocation for REITS from the bonds portion instead of taking it from the STI ETF portion?
I suggest taking it from the bonds portion since u are still young.
ReplyDeleteHi DK,
DeleteThank you for your suggestion. I am partial to taking it from the bonds portion as well at this point in time. Will be diversifying my portfolio in time to come!