Posted on 20 Sep 2018
It would be great if you can give me some advices on where and how to start. Thank you :)
Most definitely, especially for stocks.
Apart from books, I like to read Berkshire Hathaway's annual reports over the years to understand how they look at being successful in portfolio performance. That said, it's possible to keep reading (and reading) and not action on anything.
Which brings me to my second point.
Form a conviction in a stock, and make a small position in it.
Accelerate your learning curve - because you are putting skin in the game, you are likely to learn all you can about the stock, even though it's your first time
Because now you have dipped your toes in, the material you read (be it books/annual reports/analyst reports) will be more relevant. You will look for certain data points.
You will also learn the emotional aspect of investing. Monitor how you reach when the stock dips/rises. How often do you check on the price? What is your own investment timeline? All these observations about yourself will help you learn.
Hope this helps, and all the best!
Yes it's possible. There are a range of instruments that will take in such amounts. Common ones will be POSB's Invest-Saver where you buy into the STI ETF or a bond fund, Maybank KE's monthly investment programme where you can set a minimum of S$100 to buy into local stocks. Robo advisories like Stashaway (no minimum) and Smartly (minimum S$50) will also fit into this budget. All these are on a monthly basis.
As you are new to investing, may be a good idea to read up first. Books like Millionaire Teacher (local SG context), Intelligent Investor are great reads.
Since you are still in uni, perhaps you can see if your school has an investment club that you can join? Best to have a circle of people around you who are also passionate about investing.
Hope this helps, and all the best.
Hi Anon! Yes you can definitely start investing with small amounts. I'm 22 and I think the best bet ...
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