10 Jun 2021
With 10k in seed money I would like to start a portfolio of dividend yielding stocks such as Singtel, REITs etc. Any advice for this investing strategy for a new investor and beginner?
With 10k in seed money I would like to start a portfolio of dividend yielding stocks such as Singtel, REITs etc
May I have advice on recommendations and allocations ?
And which platform to use? Any advice is kindly looked forward to
One of the thing u may want to consider is cost when building your portfolio. The cheapest transaction (enter and exit) fee is $10. If u want to diversified, 10 stocks of $1000 will cost u $200. 5 stocks of $2000 each cost u $100. The former eats up 2% while the late eats up 1%
U would want to get your portfolio diversified. So pick 2 - 3 stocks and put the rest into robo advisors.
And do your research. Why singtel? Is it really a dividend play?
This is a good strategy. Although you might start slow, but slowly the dividends will compound to gi...
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