facebookHow do i get started on investments? Are there certain accounts I need to open? How should one define whether a certain company is worth investing? Lastly, how do i gain financial freedom? - Seedly

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How do i get started on investments? Are there certain accounts I need to open? How should one define whether a certain company is worth investing? Lastly, how do i gain financial freedom?

AMA SG Young Investment

Discussion (2)

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-open cheap/safe brokerage account

-take the P train (passive indexing ETFs)

-avoid unit trusts, single stocks and possibly bond products

more on my thinking here:

https://seedly.sg/questions/what-is-your-genera...

SG Young Investment

11 Sep 2018

Financial Blogger at SG Young Investment

You can read some books which I recommend to get started: https://sgyounginvestment.blogspot.com/p/books-...

Also, some posts which I have curated for readers who want to get started: http://sgyounginvestment.blogspot.com/p/blog-pa...

Yes you'll need to open a brokerage and CDP account. For more info, you can refer here: http://sgyounginvestment.blogspot.com/2013/06/h...

Whether a company is worth investing takes experience and skills. First, you'll need to learn how to read financial statements. I have a 2 part series on how to pick stocks:

http://sgyounginvestment.blogspot.com/2013/08/h...

http://sgyounginvestment.blogspot.com/2013/08/h...

Lastly, to gain financial freedom, its about creating passive income that surpasses your expenses. Learn to create passive income through investing or other ways. It takes time and effort but you will get there one day if you start somewhere now. Make it as a goal will be good.

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