facebookHello (: i’m 21 years old and in university. when is the best time to start investing? i have also put some money into roboadvisors like stashaway. is that wise? how do i diversify my portfolio? - Seedly
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Cherylene Tan

Cherylene Tan

Level 2·Supporter Engagement Intern at World Vision Singapore

06 Jul 2021

Robo-Advisors

Hello (: i’m 21 years old and in university. when is the best time to start investing? i have also put some money into roboadvisors like stashaway. is that wise? how do i diversify my portfolio?

AMA Endowus

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      Discussion (14)

      What are your thoughts?

      Hey there!

      The best time really, is now. And robos are great for newer investors as well to get a gauge of market movement, experiencing paper profit/loss on a smaller scale compared to buying mere stocks (though it will be good to venture into that at some point!). Robos offer an option for diversification of equities so its just a matter of which region of equities are they fully focused on and what are you looking at. There may be certain portfolios that are more heavily weighted on certain regions eg. US etc.

      Also, some portfolios go 100% equities, ie. you are fully exposed to the systemic risk of the market. You may want to consider diversifying your asset classes depending on your risk appetite through something that's fixed-income related.

      What has also helped me lots is learning to read up lots. Finding out geopolitical happenings,understanding market movement and how current events may correlate with that, understanding businesses and financial fundamentals.. all this will be great for embarking on your investment journey. All the best!

      Financial planning is an integral part of life. You can reach me here to find out more.

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          Samuel Rhee

          Samuel Rhee

          01 Sep 2020

          Level 8·Chief Investment Officer at Endowus

          Hi Cherylene, Sorry for the late reply - it was overwhelming and had too many questions and only now getting round to some of them. Thank you for your patience and for a great question. I think it's great that you are thinking about such things from a young age. If are starting out on your investment journey there are a few things that you need to thinkg about. Why am I investing? Is it to learn about investing and be proficient as an investor? Or are you looking into this as a profession and would like to find a job that is related to investing? Are you more about the learning or more about just achieving good outcomes and so you can learn but you don't necessarily have to do it yourself. All of these things are important questions you must ask yourself. Also every person's personal circumstances are different so you have to look at yourself and your needs and circumstances and adjust accordingly - not just copying what somebody else is doing. The most important thing is to start early and start investing in whatever for. Learn, read, find and receive good advice and just get going because you learn from the experience, the emotions, the success and failures, the journey itslef. You find out about investing, financial markets, various asset classes but also more about yourself which is an important part of the investing journey. If you are unsure please reach out to a more experienced person to learn also. There are a ton of great resources out there such as (Endowus Insights and Endowus Youtube channel!) and you should take full advantage of the information age and use those resources to your advantage. I am not going to talk about any specific competitors or other services as each has pros and cons and finding out about them is part of that learnings journey. However, obviously I'd say you can do pretty much everything on the Endowus platform. But then I'll say that right? haha. Thanks and wish you all the best success in investing!

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              Lim Boon Tat

              Lim Boon Tat

              27 Jul 2021

              Level 10·Mathematics at Cambridge University

              I think there are many decisions that you need to make before jumping right in. Do you want to DIY o...

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