facebookI'm currently Year 2 in university and my peers are already investing and I feel like I'm lagging behind them because I'm not investing. I do want to be rich but is investing for everyone? - Seedly
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Anonymous

23 Sep 2020

I'm currently Year 2 in university and my peers are already investing and I feel like I'm lagging behind them because I'm not investing. I do want to be rich but is investing for everyone?

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    What are your thoughts?

    There's no need to rush into investing. Take your time to slowly learn and when you feel confident, you can then start to invest. It is better to be a little slower but steady than to rush in and make lots of mistakes (which can be costly).

    Investing to be rich is not for everyone. The more common ways to 'be rich' is to start/own a successful business or be a C-suite in an MNC. That being said, investing is still important to ensure that your purchasing power does not erode from inflation at minimum. โ€‹โ€‹โ€‹

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      He Ruiming

      He Ruiming

      23 Sep 2020

      Level 7ยทCo-Founder at The Woke Salaryman

      IMO, it's best that you don't compare your lives with other people. Some people have more solid financial standings, and are able to invest earlier in life as compared to others.

      You should run your own race.

      Think of investments as one of the levers you can pull to be wealthy. If you don't pull it, you'll have to either earn alot of money, or be incredible at saving.

      My take is that once you have six months of emergency savings, a uni student can start investing aggresively in passive investments, instead of active investing.

      Use your free time to improve your skills so you can earn lots of money. That will be your main source of capital if you start from zero.

      โ€‹โ€‹โ€‹

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        Jesalin Thian

        Jesalin Thian

        22 Sep 2020

        Level 4ยทB2B Marketing Associate at Seedly

        Hey Anon, I just graduated from University this year and tbh, majority of my friends still aren't in...

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