I’ve been getting quite a few questions on investing for the next generation recently.
Here’s one:
Hi FH,
I have recently come into a pool of cash due to an inheritance.
I have 2 young kids – one three years old, and another that will be born very soon.
I want to invest the cash for the long term, to safeguard my children’s future when they grow up.
I plan to give them this money when they are big.
I am okay to make occasional changes to the portfolio, but I don’t want to have to babysit the investments too much as I have a full time job (not to mention raising 2 kids)!
Any thoughts on how I should allocate the cash, or if you can point me in a general direction.
That would be most helpful.
How I will invest $1 million for the next 20 years? (as a Singapore Investor in 2023)
The more I thought about it, the more...