I am interested in investing but I am not sure if it is a good time to invest now amidst the COVID-19 situation. What do you think? And are there specific markets or investments that I should look into more than others?

I am a fresh graduate who just recently started out in the workforce and is planning to start investing early at ~3k on roboinvestors(e.g stashaway) and ~2k on ETFs currently. Do you think it is a good choice to invest now or should I wait a few more weeks/ months for the prices to drop further? Will it drop further? Thanks

Discussion (25)

What are your thoughts?

Renee Lee

03 May 2021

Stumbling upon this post one year later and it's interesting to see how the saying "Time in the market beats timing the market" held true to some extent. Hope OP made the leap of faith to invest back then with some of the great advice given here and have benefitted from the market recovery!

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Daniel Kok

11 Sep 2020

I read one tip and i always remember it deeply.

time in market is always better than timing the market! :)

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Frankie Rappaport

13 May 2020

Hi, you cannot 'market time', so any time point is the right one. invest regularly, so there will be no question of right or wrong, everything is averaged out over longterm. maybe you don't need a robot, you could cheaper all do it by yourself.

some ideas:

https://seedly.sg/questions/what-is-your-genera...

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Tay_WenHao

13 May 2020

If you are investing, anytime is a good time. Dont need to time the market. Just make sure you do a well research and do your own due diligence. Dont buy what others tell you to.

But ensure you got your emergency funds ready. The economy now is bad. You dont want to be caught in the situation whereby you are forced to sell your investments at a loss.

Aim to hold your investments for the next 10 years.

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