I am interested in investing. As I am 24 years old and am new to it I would like to know more about it. It is daunting for me, as I do not understand what investment is all about. Please assist me!
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HC Tang
14 Aug 2018
Financial Enthusiast, Budgeting at The Society
Starts here in seedly :
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1) readup all budgeting and investing plus basic insurance blog post written by seedly admin at
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2) From #1you can learn about what is suitable for your situation, how much you have a read the product / service reviews at seedly to find what's suitable for you : https://seedly.sg/reviews
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That's how I started and there I go for more talks, attend seedly events etc. This will be a very good starting point.
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Hope it helps ππ happy Investing and learning π
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Depends on what kind of investing.
For investments that don't require large amounts of capital - such as equity investments, read as much as you can about it.
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.
It will:
For investments that require a higher level of capital eg. property, I definitely will not recommend going into it un-informed, because of the level of capital required + how illiquid it is.
Hope this helps, and hope you get started on your investing journey!