Should I invest my money myself or should I have a fund manager do it and why?

I have roughly $20,000 to invest, I am not completely new to investing as I have invested small funds previously in mutual funds. I am very excited about the possibility of getting this right but I am equally very aware of the risk of getting it wrong.

  • user image

    No Name

    It depends on your goal at this time but if you are looking to play safe and make regular returns then I would recommend an ETF, especially one that tracks a market index such as S&P 500. This way you don’t get to pay fees to fund managers. Alternatively, if you seek bigger action and high risk investments, in most cases you may not understand these so it may be best to have a fund’s manager to invest on your behalf. But anyway keep in mind that all active trading may come with risks that a diversified index portfolio like an ETF do not bear.

    2019.08.01 18:0

    Please leave your knowledge and opinion!

    Related Forums

    Which University Majors in Singapore has the highest return on Investments?

    What skills should I have to be a good investor?

    Are there free sim plans in Singapore?

    Who are the foreigner that would affected by the changes in the laws of borrowing money?

    How should I invest on my medical supplements using a credit card?

    Is it true that foreigners would be subjected to aggregate loan caps?

    Related Reviews

    Protection of up to 90 days for online purchases

    American Express Gold Card / American Express International

    The delivered on the promise of purchase Protection of up to 90 days when ensured reimbursement on an eligible online purchases I made with my Amex Express Gold Card. Irrespective where you buy online or shopping at the local supermarket, their Purchase Protection offers repair, replacement or reimbursement on eligible purchases made with the Card, that has been damaged or stolen within 90 days of purchase.

    Customer care service at top notch

    American Express True Cashback Card / American Express International

    This is my first credit card and I was pleased with the process as the application was absolutely stress free and smooth with customer care service at top notch. I actually felt taken care of and it appeared I could rely on customer care service for virtually any issue. Plus they have a simple tracking system of cashback rewards, with a good App and web UI/UX.

    Family Package Rewards

    HSBC VISA Platinum Credit Card / HSBC Bank Singapore

    My family had a really fun time with the 10% off Siam Adventure Club Family Package Booking which came with breakfast for 2 adults and up to 2 kids with a Kids room setup in room and full access to kids activities. We even enjoyed daily evening drinks for whole family on selected menu from 5pm to 6pm.

    This card gives me $80 cash rebates every month.

    OCBC 365 Credit Card / Oversea-Chinese Banking Corporation

    I fancy the OCBC 365 credit because it has cash rebate of $80, but only after you full fill their criteria. They require a minimum spending of $800 per month which in turn earns interest from different spending. This card suits me just fine being that I have broad spending habit and in the process it gives me $80 cash rebates every month. My only dislike is the rebate on the general spending which is 0.3%.

    I can enjoy Interest rates starting from 5.80% p.a.

    NTUC Plus! Visa Credit Card / Oversea-Chinese Banking Corporation

    I love that I can enjoy Interest rates starting from 5.80% p.a. (EIR 11.38% p.a.) on their 12-month instalment plan which allows for fixed monthly repayments.The monthly repayment for your Cash-on-Instalments is fixed, allowing you to manage your finances with ease of mind. That works perfect for me as it helps me to be more organized and I give them thumbs up.

    You get 10X points when you shop at retails for babies and children's wear

    OCBC Titanium Rewards Credit Card / Oversea-Chinese Banking Corporation

    I would recommend the card for use by people who frequently purchase clothing and electronics and also in particular from known on online merchants like AliExpress, Amazon, Lazada, Shopee and Taobao.You get 10X points when you shop at retails for babies and children's wear, clothes, bags and shoes, department stores, electronics and gadgets; which cover almost all retails. Also the OCBC Reward is a $10 rebate for 3600 points which I think is fare.