I am a fresh graduate (Free from debt) started my full time job. I wanted to start investing to have side income instead of using my time to trade for money(part time tuition) can you please advise me how do I start investing?

Research tbills first for a start

Hi there,

If you are wishing to set aside S$200 a month for investing, you could try roboadvisors or a regular savings plan for a start.

However, if you wish to invest in stocks ie. SGX, you could consider having a larger budget for investment to as transaction fees can add up to a lot.

1. Read up! - Have a brief understanding of how these instruments/ platforms work, and what generates the profit behind them.

2. Understand what you are looking for - What's your risk profile, how much you are going to put in & how frequent are you monitoring/ contributing more? Understand you investing philosophy and which mediums suit you the best.

3. And talk to those who has experience in investing - often there's an emotional portion to the market, so have a chat with those who may have stumbled previously to understand what to take caution of and not make similar trips. Or better, ask them about their sucess stories and how you can follow their examples.

Read up, watch videos, look at articles, find friends with similar interests and you can discuss together. It is more fun to have friends who are also into investing.

Not everything is fun and games though. Warren Buffett gave advice by saying that he used to read a lot of Companies' Annual Reports. It is not difficult but not everyone is going to do it and stick to it.

Investing should be treated as a marathon and not a sprint. I am also relatively new to investing and this was how I started. I wish you all the best!