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Anonymous

05 Jul 2020

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I would like to start investing in blue chips for the first time. I am completely new, and 20yo. Currently looking at Ocbc blue chips and Stashaway. Any advice?

Is there any advice, minimum amount that would be good to start with for a beginner like me? I am not a risk taker, mostly conservative/balanced. I have read up on some articles by seedly. How do I see the trends for bluechips and do I have to track it daily?

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Frankie Rappaport

05 Jul 2020

For a beginner and a not-beginner,

the best choice, sorry, would not be

buying stocks but passive indexing stock ETFs,

to reduce risk dramatically.

First choices could be an MSCI World ETF or a SP500 ETF,

STI Singapore however is not first choice.

what to avoid also, here:

https://seedly.sg/questions/what-is-your-genera...

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