As a newbie who has no background in investments other than some endowment, how do I start?

There are already really good answers here.

You have to understand that investing is a 10year, 30year, 50 year journey. Its just like going to the gym. I can teach you over a forum what exercise you can do.. but helps you to sustain it is to go to gym with a buddy.

Same as investing, I would advise you to form an offline mastermind group, or get in touch with any investing community in your local country :)

Invest in things that you know will give you an edge. But it shouldn't stop you from learning what you dont know.

Accumulated to a certain sum of capital. I would say 30k is a good start.

But before that, you should equip yourself with investing knowledge. Can choose to get some books to read, read online or go for courses so this can fast track your learning.

After all, the only way to financial freedom is to compound your money as soon as possible. Invest in yourself to acquire the right knowledge and skill set is the most important. Without it, you will lose your hard earned money rather than compounding it.

Hi Jared,

Take time to understand all asset classes. You'll want to know your options before you start, and you should open a multi asset investment account in preparation. Time is still on your side if you start young.

You don't need a large capital to start, but if you are going to use a small amount, be aware of transactional costs that will eat into your returns.

A simple frame work would be to set an investment goal for yourself (retirement? future house downpayment?), assess your current situation (what's your cashflow and networth like, are your safety nets in place?), and then plan to begin the investment journey. The most important thing is to take action. Without any action, nothing will happen. Good luck!

1) Open a CDP account

2) Open a stock brokerage account. currently limtan and Maybank Kim Eng have account opening promotion

3) Take basic accounting course to learn how to read financial Statement

4) Read Forums such as Seeking Alpha/valuebuddies to get more information on company prospecting