I'm keen to do stock investment in SGX. I don't have much money and Im still doing NS. How do I start buying and selling?

Hi Anon, I used to think day trading is good too until I tried it out (via Forex) and I realised it doesn't suit my personality at all. I need to constantly monitor the markets, carefully read and analyse graph patterns etc, can die really. As more commitments kick in, I have less time to do so.

So now I prefer set and forget investments (like ETFs and Robos) and long term investing where less monitoring is required, just occasional rebalancing and reviewing.

My advice: abstain from day trading, abstain from active investing (which, as evidenced by several studies, even professional fund managers do unsuccessfully over longterm).

read more on all things financial. Seedly community is great, different perspectives to build up one's own thinking.

the Singapore market is anyway to small.​​​

starting with a regular savings plan might be better in your case.

when You have started work and have capital that would be a better time to buy stocks on SGX

Try reading up on this

Unless your family is rich, it does not make much sense to start investing now. I used to be very frugal and not from rich family and I only managed to save up around 12K+ during my uni days. Even if you get a 20% returns (highly unlikely), it is still only 2.4K a year, assuming you even have that money and will put every dollar in.

The best investment is to invest in yourself, your studies, your career. To provide a perspective,

depending on your grades and course of study, the difference in salary can be 1-2K that becomes 12-24K a year, much more than you can get out of investing currently.

An advantage to investing now will be for financial literacy, so it is ok if you want to start early to familiarise yourself, but do spend more effort on your work.