Assuming you're investing for the long run: For beginners looking for wealth accumulation, I will recommend starting with Index Investing. Essentially, indexes are a basket of companies used usually to represent the performance of a country's economy or an industry. For SG, we have the STI and the US has the S&P 500. By investing in funds that track these indexes, when the index moves up, our investments move together with it as well. Since markets tend to trend upwards, your investment should too as well in the long run. The S&P 500 has actually returned a whooping 9.8% since the 1920s per annum! Between SG and overseas, I would definitely recommend a US index or a global index to start. Both have done well historically compared to the STI and are also much more diversified. You can try the following ETFs: - CSPX (Irish Domiciled S&P 500 ETF) - VOO/IVV (US Domiciled S&P 500 ETF) - IWDA/VWRA (Irish Domiciled Global ETF) - VEU/VXUS (US Domiciled Global Ex US ETF) Hope this helps! If you're not sure which broker to use, you can check out a comparison I did here!

I'm gonna go first! 😛 Context: I'm a fresh grad with little capital, beginner investor. 1. Robo portfolio: Syfe Equity100 - Returns: +8.37% - Duration: 4 months (Sep 2020 to Jan 2021) - Why: Looking for high growth and this portfolio is based solely on Equities. 2. Robo portfolio: Syfe REITs+ - Returns: +10.63% - Duration: 4 months (Sep 2020 to Jan 2021) - Why: Thought that with Phase 3 in the works, the REITs in Singapore should have decent growth prospects. My capital is largely focused on Syfe Equity100 and not on REITs+, still mulling on whether I should shift over my REITs+ over to Equity100. Also contemplating on whether I should shift over to investing directing in ETFs for the longer term, but only when I have sufficient capital built up!

Yes. The benefit of Syfe REITs+ portfolio is that you can reinvest your dividends without incurring costs. If I'm not wrong , you can't do the same when you invest in REITs ETFs. Additionally, since Syfe allows fractional units, the amount you receive from dividends, although small, is still used.

Do you have any liabilities to pay off? Like student bank loan. If no, can set aside 6 months of your expenses and invest more

Referral Code: SRPRGYQJZ Promo Code: FHWAIVER Let's save on fees together. They are stackable! Remember to use BOTH codes Sign up at https://www.syfe.com/ Referral incentive: $10 for at least $500 invested $50 for at least $10,000 invested $100 for at least $20,000 invested Promo Code incentive: New Syfe customers will have their first SGD $30,000 managed FREE for 6 months! Ps: Tried with SEEDLYWAIVER but it does not work. Hence sharing what worked for me:)

It is a good start. If you're uncertain, you can leave your monies in a high-interest savings account first. Although robo-advisors are diversified, your capital is still not protected. Instead, focus on reading up on how to invest. I have written a brief article here. In short, focus on broad terms such as what are bonds or indices first before delving into specific concepts what are the different types of bonds/indices. If you really want, you can invest a small sum first, but when your investments dip/rise and you feel fear/euphoria, then it's a signal to stop there first and focus on reading up on the behavioural aspects of investing, which I have also gone through briefly in the article. This is because those feelings will be further amplified when we invest larger amounts, and it takes time and effort to learn how to regulate your emotions while investing in the markets. It isn't easy, and there will be instances where you'll feel like you should follow what others are investing because of FOMO, but it isn't always going to turn out well if you don't know what you're investing in. - Case in point, my friend invested in Bitcoin while it was at an all-time high recently, just before it dropped in value. All in all, good job for starting early, and I hope this helps! P.S. Make sure you don't need the monies you're investing. I couldn't go on exchange even if I wanted to because most of my monies were in an endowment plan I signed up for while in army. DISCLAIMER: Opinions expressed here are my own. This does not constitute financial advice. Do your own due diligence.

From my experience, yes that is correct! As long as you put in less than 10k with them Source: been an investor with them for 3+ years, have put in less than10k with them and haven't accrued fees (as of yet)

If you're young, risk Taker, can consider equity100 from SYFE.