Seeking advise - Investment options
Hi All, looking for some inputs.
I have some cash in hand (around 100K sgd) that I am looking to invest. My current portfolio is quite simple:
FDs (6m/9m) - 60K
T-Bills - 15K
ILP (Prudential) - 3.25K/month (for 5yrs), 6 months in (Invested in Equity, HY Bonds and Convertibles).
US individual stocks - 2K (started last month) via IBKR.
Met a financial advisor and she suggested to go for a Pimco income fund to get monthly dividend payments
However, after going through the other posts, it looks like a better option is to go for ETFs.
With the interest rates cuts bound to happen next year and US recession news also floating around, which would be a better investment option - fixed income funds OR Equity ETFs ?
Pls share your thoughts.