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Leo Wan
27 Mar 2019
Digital Marketing at Adam Khoo Learning Technologies Group
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Hello!
As mentioned by the others, I think that what you are currnelt doing now is a good start to investing. If you are looking towards a safer form of investment, I think that you can look at investing the Singapore Savings Bond (SSB) since it is a government bond and thus likely to have lower risks.
I think it is important to read up more about other forms of investments and better understand the various form of investments that are available then determine which type of investment you will be the most suited for.
You can also look to invest in Roboadvisors, but of course do read up about what roboadvisors are as well as look at the various roboadvisors that are available in Singapore before deciding whether to invest in it.
hope this helps!
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Billy
26 Mar 2019
Development & Acquisitions Manager at Real Estate Private Equity
Hi there! An RSP is indeed a good way to kick-start your investment journey. From RSP, one can under...
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I believe that people at your age are probably still partying & Yolo-ing. To start investing this young, you have great potential! And Dollar Cost Averaging method is one of my favourite strategy, a no-brainer way into investing. I do practice a few different form of investment currently, and they are:
Apart of personal investments, I think you need to cover your protection needs too yea? The just-in-case scenarios blah blah blah. I'm not into insurance, but getting a term plan & hospital/accident plan to cover your life should be enough for now I think?
20 years later, you will thank yourself for taking the initiative to invest today. Keep it up!