Advertisement
Anonymous
8
Discussion (8)
Learn how to style your text
Reply
Save
There are so many different ways to start. But first, you should look at yourself and find out your risk appetite. Next, you can read some books or go online to research about the different types of investments available. For beginners, the best way to start is through a regular savings plan or a robo advisor for diversification. once you are more comfortable with those and gained more knowledge, you can start to move on to individual stocks.
Reply
Save
Tan Li Xing
24 Feb 2020
Financial Consultant at Prudential Assurance Company (Singapore)
Hi Anon,
There are many ways around it, what is your risk profile like? You might want to do an analysis on that before you see what options there are.
Also, have you worked on your emergency funds? It should be abt 6 months of your monthly allowance as a guideline. So if you have that, yes, do explore investing, but do also ensure your protection coverage has been done as well.
Reply
Save
Rais M
24 Feb 2020
Accountant at SME
The most important thing is to save up an emergency funds, before deciding on investing. Do you have your emergency funds set up?
Reply
Save
Jonathan Chia Guangrong
23 Jan 2019
SOC at Local FI
Find out how to invest first. Read up, ask on seedly. Find out what is your risk appetite like, what...
Read 3 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
If You're thinking of stocks, then passive indexing ETFs would
be my method of choice.
You could read some ideas here:
https://seedly.sg/questions/what-is-your-genera...