facebookAs a fresh grad with no investing experience, what will be a good choice for me to begin my journey with if I'm investing $1000 a month? - Seedly
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Melissa Soh

Asked on 05 Feb 2020

As a fresh grad with no investing experience, what will be a good choice for me to begin my journey with if I'm investing $1000 a month?

I'm considering robo advisors, RSPs and government bonds based off my online reading but am not sure if I should just choose one or a mix of them. Any tips on how to work towards eventually doing DIY investment will be appreciated as well! (:

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Answers (6)

R

Rocker123

Level 2. Rookie

Answered on 04 Mar 2020

Take it easy and have patience! If you have the time, do your own research and invest based on your investing style (growth, low-risk or dividends etc). If you like a hands off approach, ETFs and index funds are the way to go!

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Thank You!
Can you clarify
I wonder if
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Aik Keong Koh

Aik Keong Koh

Level 5. Genius

Answered on 12 May 2020

Maybe set a 70/20/10 approach. Start off with70% of your investable into low risk and low cost like robos. Keep the 20% for slightly higher risk like choosing to buy your own stocks on a trading platform. Last 10% into high risk, high returns like cryptocurrencies and forex.

Once you build up more experience with better knowledge and you can shift some funds from lower risk to higher risk, depending on your risk apettite. But always remember to keep your base!

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Aik Keong Koh

Aik Keong Koh

19 May 2020

That's a great start off point too. I always believe you'll learn at a faster rate if there is some cost involved so you'll have this invisible pressure. But if one is comfortable doing passive investing via ETFs, then go all in!

Frankie Rappaport

Frankie Rappaport

19 May 2020

I guess it's fair to say that it is time proven, which is also my experience over 15-20 years. Many think that they could outperform the markets or pros, or that there must be some adrenaline kick or heavy trading activity. I feel the boring (almost non-doing) would be the key to success. thank you, appreciated, good luck !

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post

Hi Melissa! Great that you are thinking to start your investing journey! If you know what you are bu...

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