facebookI am thinking of investing a sum of money monthly, but I am not sure where I should start. What are some recommendations for me to start investing? - Seedly

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Anonymous

30 May 2020

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SeedlyAMA

I am thinking of investing a sum of money monthly, but I am not sure where I should start. What are some recommendations for me to start investing?

AMA The Fifth Person

Discussion (13)

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I would recommend investing 50% in a market portfolio like S&P500 ETF as it historically yields 10% return and has a general upward trend. Another 50% can be other individual stocks that you like and see a potential of 10% return. Diversification is always important. There is no reward for bearing unnecessary risks.ย 

Accumulate once every 3 months and put it into a S&P 500 ETF quarterly! The historical returns are 10% and I would say it is much better than saving bondsโ€‹โ€‹.

Look into investing in S&P 500 ETFs. If you are young, compound interest would work greatly in your favour if you invest in it regularly and realise your earnings 30-40 yrs later. Think far ahead :)

Pang Zhe Liang

06 Dec 2019

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 help you:

  1. What is your capital?

  2. How will you want to invest your capital? E.g. lump sum or an amount on a regular basis

  3. How long will you want to stay invested? E.g. 10 years

  4. What is your risk appetite? E.g. How do you feel about short-term volatility?

  5. What is your objective for investing?

By understanding yourself, you will be able to determine the type of assets that suits you. Speak with a profesional when in need to gain insights on how to grow your wewalth.

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Paridhi Jhunjhunwala

06 Dec 2019

Associate at Kristal.AI

Hi!

The first thing to secure is an emergency fund. This should contain expenses of about 4-6 month...

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