Hi! I’m turning 21 this year, and I am planning to start some form of investment. I was wondering if I could get some advice on some of the more popular RSPs!

When You're ready to do Your own research,

You could easily mange everything without

any RSP all by Yourself.

Yu could read this primer, particularly to read what not to do:

https://seedly.sg/questions/what-is-your-genera...

And then there are two excellent books, maybe being the only 2 books

You need to read ever on investing:

Burton G. Malkiel: A Random Walk Down Wall Street

https://1lib.eu/book/5565916/3dc865

and even better (You could use Google Translate)

Gerd Kommer: Souverän investieren mit Indexfonds und ETFs: Wie Privatanleger das Spiel gegen die Finanzbranche gewinnen

https://1lib.eu/book/2657535/1e35cb

But think for Yourself and avoid the following recommendations of both authors:

index funds (stay with passive indexing ETFs instead), commodities, emerging markets, single stocks.

Have you considered investing with StashAway? It's a robo-adviser that also allows for monthly deposits like a RSP, plus it invests in overseas assets allowing you to diversify your investments further.

Sign up with my link and we'll both get up to $10,000 SGD managed for free for 6 months! https://www.stashaway.sg/referrals/zhengm6zx4

Some of the low cost RSP you can consider are STI ETF (DBS or FSMOne), MBH (FSMOne), VT (FSMOne), IVV (FSMOne). These are the brokers that im using and they are quite good as the transaction cost is low.

The more popular funds are the spdr sti etf or nikko am sti etf. Both invest in the straits times index which consist of the 30 largest companies in Singapore.