Invest
(Post 158/Year 3 Week 22)TipforThought: Building and managing your portfolio
By Sonicericsg  •  February 24, 2020
Quick guide on building and managing your portfolio!credit
1.Getting started and what to watch out forMost people save and invest because they want some money for future goal.If you are new to investing ,here are some step to help you get started on an investment plan.2.Setting goalsWhat are your goals?Common goals include paying off your student loan ,accumulating fund for retirement or savings for your children educationWork out how much money you need for your goalWork out when you need the money for your goal.The time you have available to invest leading up to when the money is needed is known as your investment horizon.3.How much can you afford to invest?How much money do you have available to invest ,after paying your  household expenses,insurance premium and debt as well as setting aside some savings?Can you cut back some expenses to free up more money for saving or investing?If your investment suffer...
Read the full article
By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance