How to get rich?

It depends on your definition of rich. You can be rich in money, rich in knowledge, rich in experience, etc. One common way to get rich in whatever you want to be rich in is to invest your time doing those things wisely.

Hi friend! Your question seems a little bit broad for now! But I feel that there are a few proven ways to grow your wealth which is the ideal way to get 'rich'

You can start by: Understanding and internalising our beginner money framework.

https://blog.seedly.sg/beginner-series-tips-see...

From here, you will be able to learn how to manage your downside protection first. mainly in Savings and Insurance

Before moving on to more advanced concepts like Investing and investment products.

For beginners:

I would advise you to read this: https://blog.seedly.sg/how-to-sti-etf-a-simple-...

To answer your question specifically, some people choose to do a lump sump investment in the STI ETF at one time. (where they enter the index at a low and ride it as the market goes through the ups and downs)

The other way would be via DCA (Dollar Cost Averaging) where you invest at a regular interval using the bank's Regular Saving Plan (RSP).

I personally have done a mixture of both. And I go into the market when the STI is low. But on a monthly basis i am putting aside a constant sum every month.