facebookI’ve just started working for about a year and a half and have saved up a decent pot of capital to start investing. How do I start? - Seedly

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Anonymous

11 Mar 2020

SeedlyAMA

I’ve just started working for about a year and a half and have saved up a decent pot of capital to start investing. How do I start?

AMA Christopher Tan

Discussion (8)

What are your thoughts?

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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...

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.

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.

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?

Find out how to invest first. Read up, ask on seedly. Find out what is your risk appetite like, what...

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