facebookI am currently a student, thinking of starting to invest. Would like to ask what would be a recommended amount of money to start investing? - Seedly

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Anonymous

26 Jun 2021

Events

I am currently a student, thinking of starting to invest. Would like to ask what would be a recommended amount of money to start investing?

Discussion (5)

What are your thoughts?

V

Victor

26 Jun 2021

Level 8·Financial Service Consultant at AIA

It depends on your saving, spending and earning power if you have

TUBInvesting

TUBInvesting

01 Mar 2019

Level 6·Finance at Singapore Management University

I will not recommend regular saving plans since you are young.

If you are new to investing and have yet to experience the roller coaster ride of the stock market, I will suggest the following which in a way is my TUB Investing Mindset:

  1. Have about $3k to $5k of DISPOSABLE INCOME/CASH

  2. Invest in max of 3 stocks that you really like and have your investment thesis ready.

  3. Have a long mindset when investing

  4. Experience for the next 6 months and see if you feel you are suitable to invest.

Hope this explains.

Hello! How much would be a good amount would largely depend on yourself and how much cash that you h...

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