facebookWhat is one absolute investment hack every fresh grad should know about? - Seedly

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Leong Wen Fong

Commercial Ops at Aspire

18 Apr 2019

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Adulting

What is one absolute investment hack every fresh grad should know about?

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Discussion (16)

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Some may urge you to start early due to the power of compounding. While this is true, equip yourself with knowledge first. Learn more about investment through talking with experienced investors and get their advice on various investments tools. Be sensitive to the fees that are involved with investing as well, as fees compound too! You may experience an information overload, but don't let that lead to decision paralysis.

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At the same time, place your money in safer options e.g. multiplier accounts and ssb to earn interest above 0.05%. Let your money work for you while you are off learning about investments~

Luke Ho

25 Sep 2018

Founder and Director at CFX Money Maverick Pte Ltd

Honestly, you'd want to invest it in instruments that will help you 1) attain specific goals and 2) breed discipline ( illiquid, regular savings plan type).

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For someone who doesn't have a high amount of liabilities to pay off, you can devote as much of your salary to investing after covering your essentials (insurance, emergency fund) and you'd ideally invest in riskier, higher yielding funds while you're still young, before transitioning into more stable fixed income as you get older.

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I'd love to help you with that, if you'd like, as my specialty is in investments. In the previous year, I yielded over 32% overall on equities net of fees.

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You can always reach me here: https://www.facebook.com/luke.ho.54

HC Tang

23 Sep 2018

Financial Enthusiast, Budgeting at The Society

One absolute investment hack every fresh grad should know is:

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Let Starts NOW! starts your first investment now even with just $100 a month!

If you move and starting doing something, you're at least going somewhere.

If you wait and never start, you'll never experience anything about it personally. It's like sitting in car and don't drive to anywhere.

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So Let's starts NOW!

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Read here to START:

https://blog.seedly.sg/read-me-first-your-perso...

Lim Chun Long Jimmy

21 Sep 2018

Co-founder at PolicyWoke (Traded Endowment Policies)

Know that with recent advancement in technology, majority can start investing easily with automation. The examples are robo-advisors and P2P Lending.

Jason Sing

21 Sep 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

Differentiate between investment and trading. Fees make a lot of difference whether you invest or tr...

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