Advertisement
Anonymous
3
Discussion (3)
Learn how to style your text
Joey Gaeth
12 Jun 2020
BSc Economics at London School of Economics and Political Science
Reply
Save
Go to libbyapp.com and login via your NLB account, and go borrow as many personal finance / value investing books. Borrow books that are written from a practictioner perspective. Can start with beginer friendly:
The Five Rules for Successful Stock Investing by Pat Dorsey
The Ultimate Dividend Playbook: Income, Insight, and Independence for Today's Investor, Josh Peters
If books are not your cup of tea, there are a couple good US financial youtubers to follow
Graham Stephan: https://www.youtube.com/channel/UCV6KDgJskWaEck...
Reply
Save
Good question! It really depends on your preferences and comfort making investment decisions. [Robo ...
Read 1 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Products
4.6
935 Reviews
Syfe
ETFs, Equities, Bonds, REITs, Gold
INSTRUMENTS
0.4% to 0.65%
ANNUAL MANAGEMENT FEE
None
MINIMUM INVESTMENT
N/A
EXPECTED ANNUAL RETURN
Web and Mobile App
PLATFORMS
2.8
90 Reviews
4.7
1297 Reviews
Related Posts
Advertisement
I'd suggest you start off with DCA monthly into some robos, Stashaway for global exposure and income growth, or Syfe 100%Reit for dividend gains. But do take not that commission for Stashaway is 0.8% and Syfe is 0.65%, based on your $5k.
Firstly, $5k is not a lot of money and might not be worth doing a lump sum investment, esp into US big tech stocks. For eg, an amazon stock price is currently valued at US$2528 which means with your $5k, u can only buy 2 shares at most. So to save on currency conversion fees, platform fees and dividend withholding, i'll say the best for u is to start off with local stocks.
You can create a CDP account and use DBS Vickers as your brokerage. It has the lowest commission fee (but only for buying) of $10 and your stocks go directly into your CDP. You can sell your stocks by linking your CDP to FSMOne. Selling fee is $10 too.