Anonymous
I'm using DBS Vickers, and considering investing in the long term using my monthly salary payouts (that I save around ~1.5k per month left after ETF, STI and parents). How often do you recommend I buy stocks or REITS if I'm looking to grow my money? Is there anything as buying too little worth of stocks at once?
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Cedric Jamie Soh
16 Dec 2019
Director at Seniorcare.com.sg
I buy as much as I can, monthly.
Seriously, not trolling. I buy as much as I can, so what I am trying to say is that, you should invest as you can comfortably can, don't compare with others.
I can invest for 100 years and I probably cannot match what Warren Buffett buys in 1 day. :)
Buy the max you can monthly (or quarterly) and future you will thank you.
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Stanley Lim
16 Dec 2019
Co-founder at Value Invest Asia
Think of it in term of percentage.
If you have a reasonable expectation on how big your portfolio will be in 1 or 2 years time, then you can work backwards to see how many stocks you want in a portfolio. If you want about 20 stocks, it means you will buy about 5% per stock.
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It Depends on your portfolio size.
if I allocated $10k to a stock. Maybe the first position I'd take is 4K? This is for the purpose of entering in more tranches should the valuations get cheaper.
Hope This helps!
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Bjorn Ng
14 Dec 2019
Business Analyst at 10x Capital
It really depends. I can have like 5 stocks on my watchlist, but if none of them meet my valuation c...
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For sgx, any amount above 8k is the magic number due to the commission charged by brokerage