facebookHi! I’m new to investing and would like to invest $100 a month. I have a low income but would like to grow my wealth. Any tips on which platform is better for someone like me? - Seedly

Advertisement

Anonymous

28 Oct 2020

General Investing

Hi! I’m new to investing and would like to invest $100 a month. I have a low income but would like to grow my wealth. Any tips on which platform is better for someone like me?

Discussion (12)

What are your thoughts?

Tan Yu Ji

Tan Yu Ji

11 Aug 2020

Level 6·Economics at Nanyang Technological University

With about $500 you can invest into the S&P500 ETF. It will be better than the STI etf and will yield you greater returns.

FSMone used to have very competitive fees, but now there is a new competitor on the block TD ameritrade which has 0 comms. You can check it out!

You might also want to check out Stashaway which is a roboadvisor company which they will help you diversify your portfolio.

Investing will not make u rich in most cases. You also have no wealth to speak of. The best way is to increase your income, change jobs and get higher salaries. Investing that tiny bit of money will not change your quality of life one bit

Jonathan Chia Guangrong

Jonathan Chia Guangrong

11 Aug 2020

Level 12·Cybersecurity Trainee at Bank in blue

Been seeing some posts here about investing into the S&P500. Don't think that is possible unless you...

Read 10 other comments with a Seedly account

You will also enjoy exclusive benefits and get access to members only features.

Continue with Facebook
Sign in with Apple

Sign up or login with an email here

Write your thoughts

Advertisement