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Anonymous Poster
18 Aug 2020
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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! :)βββ
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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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And what should he/she be investing in?