facebookI have 2k to start, what should I invest in? - Seedly

Advertisement

Anonymous

01 Oct 2020

General Investing

I have 2k to start, what should I invest in?

I have 2k to start investing in and can contribute about 150 monthly. I was thinking of RSS such as Philipcapital and FSMone. Which one would be better? Or what other alternatives would be a better option aside from roboadvisor as I already have one. TIA

Discussion (2)

What are your thoughts?

Learn how to style your text

The best advise I can give you if you are asking others what to invest in, is invest in yourself. You’ll come to a point where you don’t have to ask others what to invest in, that’s when you can make good investments.

Read, read, read. Watch interviews too.

Some books to start you off...

  1. The intelligent investor - Benjamin Graham

  2. One up on Wall Street - Peter Lynch

  3. The most important things - Howard Marks

I assume you're in your early 20's? Your risk appetite should be high, don't be too conservative when it comes to investments. Yes, RSS is for long-term investors but also for beginners who do not have the knowledge, discipline, and patience to monitor the stock market closely.

Read, learn and understand how to buy value stocks in US markets. My advise is, build your monies for larger investments, set aside small sums for robo and have at least 6 months emergency funds.

Write your thoughts

Advertisement