facebookI am a student considering to invest monthly in either unit trust under OCBC or Stashaway. May I know which is better? - Seedly

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I am a student considering to invest monthly in either unit trust under OCBC or Stashaway. May I know which is better?

I currently have investments in BCIP and SSB, what other investments should I be looking at?

Discussion (4)

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Alex Chua

26 Feb 2020

Seedly student Ambassador 2020/21 at Seedly

Answer these questions before invest.
1. What is your capital
2. What is your cashflow
3. What is your investment objective
4. What is your risk profile?

E. G as a student, you will need money for opportunities. You will want to avoid investing long term if u need the money anytime soon.
Money is highly advisable not to take out midway so invest passively and ignore.

If u want to invest, other than the above questions,
Consider the costs too.
Why you invest in bcip and ssb? Is there better choices?

After checking the box, you probably find your answer

You can look at robo advisor such as stashaway to help you diversify your portfolio.

Pang Zhe Liang

18 Feb 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

Before you start investing, it will be best to understand your objective. Here are some questions to...

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