facebookHi! I want to start investing my money. What should I learn about investing, and which platforms should I start on? - Seedly

Anonymous

10 Feb 2022

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General Investing

Hi! I want to start investing my money. What should I learn about investing, and which platforms should I start on?

Discussion (8)

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Jorden

15 Mar 2022

Startup Program Lead at Tenity

Some basics like Dividend stocks, growth stocks, how do those work and from there you can figure out which ones suit your current financial status.

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I do have a small youtube channel about stocks and crypto and mainly use it as a video diary of my investment journey as well.

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I'll leave the link here for you to explore: www.youtube.com/jordentan

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However, I think one of the best ways to start is to plan an end goal or have one in mind. It can be a 3-year plan, 5-year plan, 10-year plan, etc. Then have a retirement plan as well, good question to ask yourself is "How much do I need to retire comfortably?"

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From there, you can work backward to your current situation and plan how much you need to invest to reach that retirement amount. This retirement amount will change the cause of inflation and what we cannot foresee in the future. But having a good guide will help a lot!

Start by reading articles on seedly, watching singaporean youtubers to get a sense of whatโ€™s out there and the pros and cons of different investments. Once youโ€™re ready to invest, you can then ask more specific questions targeted to your needs

Robin

15 Feb 2022

Administrator at SG

1) Start DCAing into roboadvisors concurrently while you learn more about investing

2) Open a brokerage and DCA into broad market ETFs concurrently while you learn more about investing

3) Start to stock pick concurrently while you learn more about investing

Han Jinyuan Larry

14 Feb 2022

SwimSafer 2.0 Instructor & Assessor at SWIMWITHUS

Invite you to claim moomoo Welcome gift now!

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Wow, it's awesome you're starting to think about investing. It may seem daunting at first, but we ho...

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