For those who have been investing a few years, if you could turn back time, how would you have invested your first $10k? - Seedly

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Asked by Anonymous

Asked on 24 Oct 2018

For those who have been investing a few years, if you could turn back time, how would you have invested your first $10k?

Interested to learn from the many shifus here in the Seedly community haha. Learn how to start with my first 10k and what were your considerations or mistakes you felt you made?

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Good Day Every Day
Good Day Every Day
Level 6. Master
Answered on 05 Dec 2018

I should have the courage to do lump sum investing during the lows in 2018 financial crisis.

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Brandan Chen
Brandan Chen, Financial Planner at Manulife Singapore
Level 5. Genius
Answered on 24 Oct 2018

If i could turn back time, I would have honestly allocated ALL to BitCoin.

But on a more serious note, perhaps you can consider the following pointers:

1) Risk Appetite

2) Expected Investment Returns

3) Holding Period

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Yong Kah Hwee
Yong Kah Hwee
Level 6. Master
Answered on 24 Oct 2018

If i could turn back time, i would have done more homework before putting my money in certain stocks. Back then, I put money into the 3 Telcos (Singtel, Starhub, M1). Foolish decision, as I should not have put my money into all 3 Telcos in the same industry. Then came the news regarding the 4th Telco. The 3 stock prices dropped and never recovered since. My heart has also not recovered since. Luckily I sold them off before the stock prices got to what it is like today.

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If can turn back time, I would not be so scared. That time I was scared to put down 10k into 1 stock.

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Tee-Ming Chew
Tee-Ming Chew

24 Oct 2018

For a beginner, is 10k on 1 stock a little too much? Haha
Gabriel Tham
Gabriel Tham

24 Oct 2018

eventually as your portfolio grows, the 10k starts to get smaller and smaller. But yea, as your first 10k it is definitely scary and daunting to whack 1 stock.