Any investment tips for newbies? I have sorted out my insurances and emergency funds with no debt. I'm ready to beginning my investing journey. How can I begin? - Seedly
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Anonymous

Asked 3w ago

Any investment tips for newbies? I have sorted out my insurances and emergency funds with no debt. I'm ready to beginning my investing journey. How can I begin?

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Kaycee Tan
Level 4. Prodigy
Answered 3w ago

I recommend to DCA monthly into Robo or ETFs and while you are building up your funds, you can read articles/books to gain more knowledge on investing and from there you buy into stocks. But it also depends on how risk adverse you are.

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I always recommend beginners to kickstart their investing journey using passive investing style. It is through robo advisors or etf rsp.

I recently wrote an article, you might be interested to read more.

https://frugalyouthinvests.com/2020/07/15/my-investment-strategy-for-beginners/

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Amelia Leow
Amelia Leow
Level 5. Genius
Answered 2w ago

When I started, I put some of my money in a roboadvisor and tried to understand first-hand what drove changes in the portfolio performance. Also, I made a brokerage account (these can take quite a while to get approved, so apply before you need/want to trade) so I can buy the stocks I was interested in after doing some research on. You can also get stocks through roboadvisors like Kristal.AI !

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Gideon Ng
Gideon Ng, Blogger at FI Pharmacist
Level 5. Genius
Updated 3w ago

Hi Anon,

There are many resources out there to teach you how to start investing. Depending on what kind of medium appeals to you, there are many different options to choose from.

You can see a list of the resources that I've been using here, and hopefully it'll be useful for you as well!​​​

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Gavin Tan
Gavin Tan
Level 5. Genius
Answered 3w ago

Great that you are starting out your investing journey !

You could start out with reading and watching tons of investment related content. You can watch youtube videos or read blog articles such as the ones from Seedly.

My advice to new investors is always

  1. Figure out what you are investing for ! (Passive income? Capital appreciation?)

  2. Know what you know (Understanding your area of competence)

  3. Find companies that fall in that area

  4. Choose 1 that you like and understand from top to bottom

  5. Start investing in that company first even if it is a small amount

If you need any help you can contact me @ https://sgstockmarketinvestor.com/ !

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Zac
Level 4. Prodigy
Answered 3w ago

You can look at Seedly's article on how to begin your investment journey here.

https://blog.seedly.sg/ultimate-personal-finance-guide-to-investing-singapore/

All the best!

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Chris Susanto
Chris Susanto, Founder at Re-ThinkWealth.com
Level 5. Genius
Answered 3w ago

You can begin by reading the intelligent investor book - which is how Warren Buffett sort of started his value investing journey.

Dont be afraid. You do not need to read the whole thick book.

I wrote a summary on it here.

Enjoy and feel free to reach out to me if you have any questions.

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