Is it worth investing in Singapore stocks for short term? Or is it better to look at US stocks as there is greater growth potential?

Im turning 20 soon and looking to invest in some stocks. I’ve already put aside a sum of money into StashAway with monthly deposits of 400$.

Looking to try my hand in stocks for quicker gains in the short term and also learn some experience as I’m a complete novice. Willing to put aside maybe 500-1000$ to try out and see if it’s for me. I’m wondering if Singapore stocks are worth investing for the short term with decent gains or would US market be better?

Tiger Brokers StashAway TD Ameritrade

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The Joyful Investors

26 Jan 2021

I personally do hold stocks in both markets but a bigger propotion of my capital is put into investing US stocks. If you look at the STI index vs the S&P 500 index, you see that STI index has not been performing that well over the many years. And the reasoning is simple: Singapore is still more heavily focused on industrial stocks. But the world has already progressed into the technology sector.

So if you are looking for growth and capital gains, then it would be a wiser move to invest in US stocks. Having said that, you may want to know that there are still some good stocks in Singapore such as REITS but I hold them more for dividend purposes and not that much for capital gains.

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Jonathan Chia Guangrong

07 Dec 2020

SOC at Local FI

For growth stocks, the US market will be a better choice as there are more companies with such potential. However, if you are new to investing, you may wish to consider using a robo platform until you are more familiar with researching and picking your own stock.

As always, do your own due diligence before initiating a positiion and don't invest money you can't afford to lose.

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