Money Talks Podcast: How to invest your first S$100,000
How long will it take to build a S$100,000 portfolio and how do split your investments? Our guest gives his tips.
Dexter Tiah was only two years into his first job when he accumulated enough to start his first S$100,000 investment portfolio.
The investor and author of the personal finance book Laughs, Losses and Lessons, shares with Andrea Heng how he achieved this.
I put a large chunk of my monthly salary, I put my bonus that I received into investments, and those were the kind of steps that I needed to take in order to reach this goal (of a S$100,000 portfolio).
Jump to these key moments:
- 2:13 Is S$100,000 a reasonable goal to aim for?
- 6:53 Be disciplined and regularly contribute to the portfolio
- 10:55 Building blocks in a S$100,000 portfolio
- 19:04 Various risk levels
- 24:31 Rectifying bad investments
Source: CNA/ta