u/Mysterious_Duty_4134

First Job

Hi guys! :) I just started my first job, take home is about 4k after CPF. I am somewhat familiar with buying stocks in the past but only starting properly now since I am getting an income. I plan to maybe put 1-1.5k monthly into ETF as I wanna leave 1-1.5k monthly for loan repayment (I just finished uni and have an outstanding 36,000 loan with 4.5% interest starting to accrue in Aug.) and the remaining 1k-ish for just my own spending/savings (half half maybe?)

I only mainly know about S&P500 ETFs like VOO and tech ETFs like QQQ, was thinking of DCAing monthly into them. Looking for any advice if I should be putting my cash into anything else!

Also, if there is a better way to allocate my finances please let me know too! Hoping to grow my wealth in the best way possible :)

reddit.com
u/Mysterious_Duty_4134 — 22 hours ago