Hi everyone,
I'm 39 years old, based in Hong Kong, and I'm about to start investing for the first time. I've never invested in the stock market before, zero experience.
Here's my situation:
- Age: 39
- Location: Hong Kong, but probably will retire in Europe
- Investing experience: Complete beginner
- I have savings set aside and decent income
- Goal: Build an extra retirement fund over the next 25 years
- Risk tolerance: I accept dips and recovery but I don't want to lose money near retirement
- Platform: I've signed up with Endowus HK
- Plan: I plan Monthly contributions
- Strategy: heavier on equity now and gradually shift to bonds as I approach retirement (glide path).
My questions:
- Is Endowus HK a good choice?
- Is the glide path strategy at age 39 the right call for a 25-year horizon? What do you suggest?
- Anything I'm missing or doing wrong?
Thank you very much!
u/Fannymylinh — 7 days ago