facebookWith so much (sometimes too much in fact) free information on personal finance online, would you (1) DIY or (2) pay for course to learn? - Seedly

Anonymous

27 Jun 2020

āˆ™

General Investing

With so much (sometimes too much in fact) free information on personal finance online, would you (1) DIY or (2) pay for course to learn?

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Chan Ze Ming

27 Jun 2020

Accountancy and Finance Student at Nanyang Polytechnic

DIY hahaha

As mentioned in your question, there are tons of information online, hence you can actually just learn it from the internet. (Maybe find a few website/Blogs/youtubers and learn from them, eg Financial horse(quite reputable i think) /Graham Stephan(he is good hahah but more of real estate guy/personal finance/frugal person)/Rayner Teo(if im not wrong he is more of technical analysis person))

Afterwards, depends on how you want to DIY (Individual stocks or Index funds that tracks the market?).

Individual stocks - read up about the company's financials, future potential and some technical analysis.

Index Funds - Not really any work as compared to buying individual stocks coz youre just following the market. (But do check up on the market youre getting, one that tracks singapore index or US's market)

Oh yea, use the money intended for the course to get more units for your share hahah.ā€‹ā€‹ā€‹

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Surely DIY,

do not let any money manager, intermediary service (investment/savings plan) eat up Your performance.

My thinking: to do it mostly DIY with passive indexing ETFs.

all what to avoid, here:

https://seedly.sg/questions/what-is-your-genera...

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