What type of investments would be recommended for starting out and how do we get started?

Step1. Select a platform
you can use a robo-adviser platform or DIY platform

If u select robo-adviser. Then just put the $$$ in the robo auto assign for you. The end.

Step2. What ur financial goal.

• passive income? Capital gain? Both?

Passive income- sgx stock
Capital gain- US stock

Step 3. Level of knoweldge of stock market
Beginner- ETF (diversified- less risk)
Experienced- stock picking ( higher risk more gain)

Dont like UT (although is also diversify) because high expense ratio. Will affect your long term gain. Unless you are really on budget because unit trust is cheap to buy.

Passively invest via dollar cost average into the index, either through a unit trust, roboinvestor for DIY directly from the stock market itself.

I prefer DIY because it is cheaper but it depends on your knowledge, capability and interest to find out more.

When you start to learn more and start finding cons about passive investing, you can start exploring an active approach.