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Start a RSP or do DCA into a robo-advisor. These are methods you can start investing passively. But trust me, there are pockets of time where you get to lepak in bunk a lot. Use this time to learn how to pick stocks and get into some S-REIT or US stock investing using your allowance. This skill will be useful to you throughout your entire life!
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Take this time and save big time from your NS allowance. I was only earning $400 plus dollars during...
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Hi Anon,
I think the rest have made good points so i'll like to value add with a different point.
"The best thing you can invest in is YOURSELF." - Warren Buffett
Depending on what you favour, videos, books, online courses or talking to people, in your free time continue to learn more about the investing world. No restriction to choose only one, a mix of each may value add in its own unique way.
As you learn more you'll find out for yourself what your financial goals, risk tolerance, what you have affinity to and what your circle of competence encompases.
You'll decide whether you prefer passive or active investing. You can even use a mix of both. I personally switched to active investing after I realised how interesting and beneficial it is for me, but of course not everyone has similar interest, capacity and goals.
Happy investing! (: