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Kenny Tan

14 Jul 2020

∙

General Investing

I have a spare cash of S$10k rotting in my bank account. Should I begin my investment journey in US, HK or SG Stocks?

Hello all,

As stated in title, which market should I first invest my spare S$10k into? Assuming I already have my emergency funds set aside.
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I have read articles online, heard from my friends and financial gurus in telegram groups that it is better to do growth investment with my current investment capital. However, I would like to hear what the community views on this matter.
'
I am currently serving National Service which pays me about S$800 per month if that helps.

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Maisul

14 Jul 2020

Youtuber at Google (Channel : Say Do Invest)

Hey kenny!

I would recommend US stocks because even the likes of a chinese company (alibaba) would like their company to be listed there. In short, what it means is, US market are where the big companies are listed , at least most of them.

I would suggest not to go all in on your 10k and do DCA (dollar cost averaging)

You can buy a mutual fund like IVV or VOO (ticker symbol) which tracks the top 500 companies in US. (So you dont have to squeeze your brains on stock picking)

I also have just stated a youtube channel discussing about stocks, do consider subscribing to my channel! - https://www.youtube.com/channel/UC1zgf-GsD0IG2C...

Youtube Channel : Say Do Invest

I also cover how you can navigate through certain brokerage accounts

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Frankie Rappaport

13 Jul 2020

MSCI ACWI ETF

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