facebookCurrently serving NS and I want to start investing (still in the process of learning). I just started using StashAway. Any thoughts, opinions or things I should take note of? - Seedly

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Currently serving NS and I want to start investing (still in the process of learning). I just started using StashAway. Any thoughts, opinions or things I should take note of?

I have $10k in CIMB FastSaver acting as my savings/emergency funds, POSB SAYE ($500 monthly) from my NS allowance ($559) and POSB eSavings (~$3k) for daily use. I’m starting to use StashAway at 18% risk index, putting in $100 monthly. Any opinions, or things that I should know/look out for? Should I make small investment in other platform such as STI ETF and SSB using POSB? Any advice is appreciated!

Discussion (12)

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Try also to self invest with cheap online broker (POEMS or FSMOne maybe, not advertising intended)

You should read much on equity investing and use passive indexing ETFs, with

ultra-longterm buy & hold strategy.

something good to read for a start here:

https://sias.org.sg/wp-content/uploads/pdf/SIAS...

Hey there fellow soldiers, i started my investment journey during NS as well. investing in robo advisor is a good start. When you have free time, go and read up more on the different investments instruments available and decide on your style of investing! All the Best!

Jeff Yeo

07 Jun 2019

amateur Social contributor at School of social sharing

1) track your fees (platform/sales charges/admin fees)
2) track the performance of your investment
...

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