facebookI'm halfway thru uni and doing part-time during summer break. since i don't need to pay for any insurances/bills yet, do you think it's a good start to invest slowly? E.g. buying etfs every 3 months? - Seedly

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Anonymous

18 Aug 2020

General Investing

I'm halfway thru uni and doing part-time during summer break. since i don't need to pay for any insurances/bills yet, do you think it's a good start to invest slowly? E.g. buying etfs every 3 months?

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Anonymous Poster

18 Aug 2020

And what should he/she be investing in?

Rachelle Lye

18 Aug 2020

Digital Marketing at Fintech

Hey there Anon!

Yes definitely, it's always good to start your investment journey early (trust me, I wish I started when I was in Uni HAHA), especially when you have no liabilities at the moment!

I think the first thing to do is to figure out how much you are able to set a side every month for investment.

Following which definitely read up on the ETFs which you are keen on investing in. I see that you tagged STI ETF, that's a quite a popular choice for beginners.

But it's only upon reading up more that I realised that the STI ETF has very limited growth potential compared to other indexes like the S&P500. So do read up more on the pros and cons, as well as the markets of specific ETFs before deciding!

Other popular choices right now are Robo-advisors such as Stashaway or FSMOne. You could consider them as well!

Hope this helps! :)​​​

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Definitely ideal to start early if your financial situation allows for it.

I feel that uni times ar...

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