facebook42 yrs old newbie here, is it too late to start for investing? Able to invest in 300 to 500 each mth which is a better option for investing? ETF or Unit Trusts? ? - Seedly

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42 yrs old newbie here, is it too late to start for investing? Able to invest in 300 to 500 each mth which is a better option for investing? ETF or Unit Trusts? ?

Discussion (7)

What are your thoughts?

Yes, all answers true, never too late.

but invest wisely.

passive indexing ETFs: the best invention for retail investors !

my thinking here:

https://seedly.sg/questions/what-are-your-favou...

Rais M

Rais M

25 Feb 2020

Accountant at SME

It is never too late to start investing. Depending on your risk level, you can consider investing in the stock market, SSB and ETF.

Generally, unit trust has a higher fees compared to ETF. So if these 2 are your only options, I would suggest ETF.

Its always never too late to start investing. As you will need to start preparing for retirement, you can invest more money into bonds as well as etfs instead of riskier stocks.

Lim Chun Long Jimmy

Lim Chun Long Jimmy

13 Apr 2019

Co-founder at PolicyWoke (Traded Endowment Policies)

Other than a Regular Shares Savings (RSS) Plan, you may consider a robo-advisor to invest $300 to $500 per month. In most cases, a robo-advisor portfolio consists of globally-diversified index-tracking ETFs. Check out the following reviews for more details:

https://seedly.sg/reviews/robo-advisors

Alvin Teo

Alvin Teo

13 Apr 2019

Aviva Relationship Consultant at Aviva Affinity Channel

Since you are newbie, I’ll do what I do best, explain in primary school level.

1) I’ll very hones...

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