facebookI am currently 19 years old having my Diploma. I have no part-time job or any income. But recently I started investing a little to test the water so, I would know how to invest in the future. Any advice? - Seedly

Anonymous

11 Aug 2020

General Investing

I am currently 19 years old having my Diploma. I have no part-time job or any income. But recently I started investing a little to test the water so, I would know how to invest in the future. Any advice?

Recently, I put $1000 SGD on digiPortfolio, $500 SGD on StashAway (Portfolio Type: General Investing with 22% Risk Index), brought 7 ARKW ETF using kristal.AI. I'm planning to buy 2 ARKK ETF and see how it goes. Please put in your 2 cents for your poor boy here

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Tan Yu Ji

11 Aug 2020

Economics at Nanyang Technological University

I think what you are doing now is great for a start! Starting is always the hardest part, but if you are able to do that, it is a great opportunity to learn more in the future. If you are planning to be a passive investor, you can also look into doing a regular savings plan in the S&P500.

If you want to venture into stocks and you already have an idea what the ARKK ETF is, you might want to do further research into the companies that ARKK ETF bought into and see which one is your favourite. From there, you can buy into those companies that you like.

Hi poor boy, here my 2 cents, read the first part to know what to avoid.

My mentioned ETFs are also mostly to avoid because of the risk. For Your situation MSCI World ETF as a single investment (and re-investment) and many years patience would be the best advice as to stock investing.

Since TD Ameritrade Singapore branch now charges 0.00 USD trading or account fees,

You don't need DigiPortfolio, StashAway or kristal.AI.

But You can try them for starters. https://seedly.sg/questions/what-is-your-genera...

I would recommend ETFs/REITs/dividend-paying investment options to derisk yourself if you do not hav...

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