Asked on 19 Mar 2019
Wong Ming Yao, Product and Community Associate at 8VIC Global Pte Ltd
Answered on 05 Dec 2019
From the allowance of $800, set aside cash that you can save up every month.
Invest in the most important thing which is your knowledge. Read some investment/financial education books such as Rich Dad Poor Dad, One up Wall Street, 5 Rules of Succesful Stock Investing.
If you have some savings, you can park them at SSB meanwhile. The most important thing I wish I did when I was in Army was to save whatever I can, spend lesser during Nights out and learn a high value skillset.
You can save $100-$200 every month, putting it into ETFs through dollar cost averaging schemes. A re...
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