facebookIs it possible to start investing with funds as low as $50? And is it advisable to do so or should I wait until I have more money to start investing? - Seedly

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Anonymous

30 Oct 2020

āˆ™

Stocks

Is it possible to start investing with funds as low as $50? And is it advisable to do so or should I wait until I have more money to start investing?

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Chan Ze Ming

30 Oct 2020

Accountancy and Finance Student at Nanyang Polytechnic

Hi,

Yes, it is possible to start at $50, in fact, as low as $10. When i first started investing (not trading :<), I deposit $10 almost daily into Stashaway (one of the roboadvisors in sg) and even more when I saw a red day (stocks fall). That $10/almost daily become more and more, and it snowballed to an amount way more than I expected (rmb i started with $10).

Long story short, It ended up becoming my another savings account and I recently got back into it again.

Hi anon! Thank you for your question, tbh I started with $50 alone in a roboadvisor. Then slowly it ...

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