facebookI have a capital of $10k and I want to start investing. With limited time to monitor, what should I look into getting as my first investment? - Seedly

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Anonymous

24 May 2021

General Investing

I have a capital of $10k and I want to start investing. With limited time to monitor, what should I look into getting as my first investment?

I'm 21 years old and still in university so if I am unable to keep track of the stock market every day, what should I do with my first $10k in? Split it to multiple investments or concentrate on one?

Discussion (5)

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Victor

24 May 2021

Financial Service Consultant at AIA

ETF will be a good choice

Hello! I'm also in Uni this year!

I think you can opt for monthly deposits in a roboadvisor! There are many roboadvisors like SYFE, Stashaway, etc... Furthermore, roboadvisors are a form of passive investment, meaning you do not need to keep track of the stock market everyday = more time to study!

IMO, it's more advisable to put in a certain amount each month, as opposed to putting $10k at once!

In addition, I hope that this $10k is "excess" cash, meaning you've already set aside money for your daily needs, tuition fees and emergency savings!

Passive stock indexing etfs

for starters:

MSCI World (VT, LCUW, EUNL, SPPW )

SP500 (VUSA, VOO, IV...

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