AMA SG Young Investment

Asked by Anonymous

Updated on 18 Apr 2019

How do I get started in investing at the age of 19? What books would you recommend, and what steps to take after reading them?



Answers (3)

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Isaac Chan
Isaac Chan,
Top Contributor

Top Contributor (May)

Level 8. Wizard
Answered on 19 Feb 2019


It would be a great help if you could understand how to read financial statements, such as income statements, balance sheets and cashflow statements. These statements can be found in the annual report of companies listed on stock exchanges. These statements form the basis for quite a good number of investments, as they tell about the financial health of the company!

Companies can smoke investors by saying that they their company has performed very well over the last few years, but numbers don't lie. More importantly, asset classes such as stocks, bonds, ETFs and REITs all utilises financial statements to understand what kind of investments to develop.

You can read more about financial statements at the following sites:



Leonard Tan
Leonard Tan,
Level 6. Master
Updated on 19 Feb 2019

*Benjamin Graham's "An Intelligent Investor"

-the founder of value investing, a must read for all investors

Phillip A Fischer "Common Stocks & Uncommon Profits"

-More qualitative take as compared to Graham, Warren Buffett calls himself 80% Graham and 20% Fischer

*Burton Malkiel's "A Random Walk Down Wall Street"

-Classic on financial markets valuation techniques

*Pat Dorsey's "Five Successful Rules of Stock Investing"

-One of the most practical investing books out there

1.Start a investment stock simulator account(investopedia has one) (not for everyone)

2.Accumulate savings in the meantime

3.Open a trading account(do some research on brokerages available- charges and commissions especially if you intend to trade more actively)

4.Trade when you are ready


Soh Sing Heng
Soh Sing Heng, Financial Blogger at SG Young Investment
Level 4. Prodigy
Answered on 11 Sep 2018

For a list of books I recommend, you can refer to this link:

The next step is to get started in investing. Start small and have a feel. When you put your money in, you'll start to learn even more :)