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?

Investing is like walking across a minefield, If you got a chicken brain, you take the lead . If you got a monkey brain, you let your friends go first and to follow. If you got normal human brain, you let your friends go first and not follow until they blow up. If you are really really smart, you convince some of your friends to stay back and go later just to make sure you are the last to move...... learning from all the broken bones and bloody ground. On the other hand , dont be the kiasu who gets cold feet on seeing on the destruction and never walk the investing minefield, They miss the diamonds mine just across.

Stop. comparing. yourself. with. others. its a one way road to failure and unhappiness. everyone is on their own journey and its better for you to GO AT YOUR OWN PACE. do it because you feel the need to and not cause everyone else is doing it

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Its also not a question about whether its for everyone, everyone HAS to do it if you want to build a substaintial nest egg, its a different story when you have the ability to generate high income (eg. business owner/high paying job) what differs is the style of investing. Start doing your own research and decide what style or whether its apporpriate for you to do now.

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we live in a time where its easy to earn money while investing, hence everyone seems to be doing it and making a killing from it.

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Investing is not for everyone! It depends on your risk appetite and your money also!

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If you can't take risks then don't do it because you will feel very horrible about it when it's in the red!

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Few tips for you if you want to invest:

1. only start investing after you set aside your rainy-day funds
2. always use money that is spare and you are 100% you are okay with losing it
3. if you start always remember it's bound to have losses and earnings but the real loss is when you encash! so even though it's red and you are losing hold on to it because that paper loss, the real loss is when you sell it
4. if short term have an aim and keep monitior
5. if long term then just keep it for long term

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.

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