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Anonymous
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Just invest in a low cost etf that you are comfortable.
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Low risk
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1) always read up before making any investments so that you know what you are buying into.
2) along the way, be prepared to lose some money as almost all investments come with risks. Just remember to only invest what you can afford to lose.
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Javier Tan Yan Kai
09 Oct 2023
Actuarial Analyst at AIA
Just experiment and find something that suits ur style...
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For beginner investors, it's advisable to start with a diversified approach, spreading your investments across different assets like stocks, bonds, and real estate. Focus on a long-term investment strategy, steering clear of attempts to time the market, and instead, emphasize the overall growth potential of your investments. Consider investing in low-cost index funds as they provide broad market exposure with lower risk than individual stocks. Adopt a dollar-cost averaging approach, investing a fixed amount regularly to average out the cost of your investments over time. It's crucial to educate yourself about basic financial concepts and different investment types, empowering you to make informed decisions. Before diving into investments, ensure you have a solid emergency fund equivalent to three to six months' worth of living expenses. Robo-advisors can be useful for automating the investment process based on your risk tolerance and financial goals. Clearly define your financial goals and regularly review and rebalance your portfolio to align with those objectives. Finally, start with a small amount that you are comfortable investing and gradually increase as you gain confidence and experience in the world of investing.