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Syafiq Nur

Electrical Power Engineering at SIT Newcastle

Edited 23 Sep 2021

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Investment or Savings for a fresh grad?

Currently fresh out of university and in my first job. After CPF, i am able to save 2k monthly after deducting my bills and necessities and I am not sure if I should invest or put it in a savings account.

As for investments, I have little knowledge hence not sure where or how i should go about doing it hence I would be interested in hearing your thoughts on some roboadvisors.

Or a savings account that can be a "out of sight and out of mind" kind of deal.

Do share with me your opinions!

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Discussion (7)

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WenBin Leong

23 Sep 2021

Both, always good to build your savings and start investing at the same time, earlier the better for invesments

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Jeremy Leow

23 Sep 2021

That's very impressive to be able to save 2k per month for a fresh grad.

For now you can just maybe get your feet wet first by investing small amounts you are comfortable with (be it stocks, etfs, crypto) while you read up on different investment vehicles. Once you are more familiar with certain asset classes and understand your risk appetite, you can slowly allocate more funds into areas you are comfortable with. Do make sure to do your due diligence!

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Carrie Sim

23 Sep 2021

I’m pretty conservative and I took some time to find the approach that works best for me and my curr...

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