facebookWhich is a better option? Invest in ETF or SSB? Newbie here. 21 years old still studying but working full time. Would really want to start "investing"? - Seedly

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Anonymous

26 Feb 2020

General Investing

Which is a better option? Invest in ETF or SSB? Newbie here. 21 years old still studying but working full time. Would really want to start "investing"?

8

Discussion (8)

What are your thoughts?

Hello! This is a good question as im sure that many people here are probably wondering the same thing!

Here is my personal take on this!

Here is a brief overview of the difference between SSB and ETF taken from one of the seedly blog post.

I personally would prefer to invest in ETF as comapred to SSB since the returns are likely to be higher as seen from the table above. Also, since you are still young, you can still afford to take risks. Therefore, even though the risk of ETF is likely to be higher, you should still take this risk since you are still young.

As seen from the table, if you are looking at investing it would be better to invest in ETF since SSB is used to achieve savings goals rather than investing goals.

Hope this helps!

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Billy Ko

Billy Ko

09 Apr 2019

Level 11·Financial Analyst at REPE Firm

Hey there! I would personally suggest ETF if you want to experience the feel of "investing" where you will see price fluctuation as opposed to SSB where it's rather fixed in terms of price. As what Nicholas mentioned, there are many useful articles Seedly has did up, so do take a read at them

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Nicholes Wong

Nicholes Wong

08 Apr 2019

Level 10·Diploma in Business Management at Nanyang Polytechnic

ETF will give more returns usually depends on which ETFs you invest in. If you want to start, I woul...

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