facebookHow should I go about learning how to invest as an undergraduate? - Seedly

Anonymous

29 Jun 2020

General Investing

How should I go about learning how to invest as an undergraduate?

I'm a 22 year old undergraduate, and I'm hoping to start investing in the near future. There are a lot of resources online and I don't know how to start learning. How can I start learning to invest (maybe reading books, etc)? Also, is it wise to start a robo-advisor account as I learn about investing? Thanks a lot!

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Gerald Ong

29 Jun 2020

Full-Time YouTube Educator at www.youtube.com/GeraldOngSL

Dude, I can coach you if you promise to let me publish it on my YouTube channel here. (PM me in Instagram and I'll lend u a hand)

https://www.youtube.com/channel/UCRJTXOvcpLIo4r...

I need to make content anyways so might as well help you while I'm at it. I'm from SMU btw haha!

Hold off the robo-advisor investing first. You might get tempted. The last thing you want is to lose tens of thousands of money you spent every weekend working for the past two years, aka me.

I've been investing for about half a decade, read a TON of books on investing (initially I wanted to be a securities analyst that's why!) And had small wins of my own like https://www.youtube.com/watch?v=l2EuKbpJdr0&t=307s

It depends on whether you're a nerd like me or not haha!

Not a nerd Start with investing for dummies. I think it provides a GREAT idea of the TRAPS because losing 2k when you only have 2k, is much more painful than the joy of earning an extra 2k, trust me the risk isn't worth it.

Nerd that wants to win in investing

I'd recommend learning from the best investor, which is Warren Buffett, but he doesn't teach in depth, but refers to his mentor Benjamin Graham, that wrote a masters level textbook that is still relevant today!

Intelligent Investor, then Securities Analysis (Read the newer version, older version is written in an old english and is SUPER dry). I can lend you the books if you need, or just borrow from the lib haha.

If you don't want to read and want to passively invest, then invest in US S&P500 index fund monthly! Index investing has been proven to be one of THE best investing techniques, and usually, active investing calls for at least 5% premium to be worth the time (I recall Ben Graham said that somewhere!) and you gotta ask yourself, the extra 5% of your own money worth it or not? If not, go work and earn more money and save like buffet when he was young, and like me right now.

P.S If this is helpful, please show some love cause my livelihood depends on it ;) https://www.youtube.com/channel/UCRJTXOvcpLIo4r...

Hi, dear anon,

excellent idea to start. And yes, it is very overwhelming with so many questions:

Do the finance professionals give advice free of conflicts of interest?

What are the risks, can I loose everything?

Which broker to use and how make a broker selection?

Should I buy and sell or buy and hold?

Single stocks versus Mutual Funds versus passive index ETF investing?

What books to read?

Is it wise to invest into bonds, or gold?

and many more.

I have written a text which gives (my) answer to some of these questions. As nobody knows the truth, you will find on this Seedly Q&A board diverging answers, which is normal, but bemusing.

One strategy could be to experiment in the beginning with different strategies, acknowledging that it takes time (some years) to really judge whether your performances are good.

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

Within this text is a link to an excellent german language book (the best on investing I believe!), You could tranlate excerpts with Google Translate.

For a beginner good concrete advice

to investing could be to start with a global passive ETF like MSCI ACWI or MSCI World; or U.S. focused with an SP500 ETF like VUSD on an europe stock exchange.

Then my own dogma in 1 sentence would be:

Invest 5-10% of your money into physical gold and the 90-95% majority only into well diversified stock ETFs and part of it into REIT ETFs via ultra-longterm Buy & Hold with periodically scheduled buying intervals using the cheapest available reliable online broker and reducing ETF and brokerage fees & charges to the minimum.

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Gideon Ng

27 Jun 2020

Blogger at FI Pharmacist

Hi Anon, there's tons of resources out there that you can consider, depending on what medium suits you best.

The things that I use to improve my knowledge are books, webinars, YouTube videos, blog posts and podcasts.

I really like podcasts as you can listen to them on the go when you're on public transport etc.

For a full list of resources, you can check out my site.

Robos are great to learn about investing as they have a really barrier to entry, you can start investing with StashAway and Syfe with any initial sum.

So you can have a look at their investing strategies, see what they invest in and try to understand how the different ETFs work!

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Sharon

27 Jun 2020

Life Alchemist at School of Hard Knocks

If books are not your cup of tea, watching a video explaining the summary of a book may help. It saves time and it is also easier to understand with the visuals.

I like this channel called The Swedish Investor. He does an excellent job.

https://www.youtube.com/channel/UCAeAB8ABXGoGMb...

You can also start by reading more financial blogs. Here are some of my favourites:

• Dr Wealth
• Investment Moats
• Financial Horse
• New Academy of Finance
• The Invest Quest

Also, joining financial groups on Facebook (e.g. Seedly, Financial Horse's Singapore Stock, REITs and Bond Investments) will help in enhancing your knowledge as we learn from one another.

And...If you are willing to pay to accelerate your learning, you can attend courses where fellow investors teach what they know and are good at.

So far, I attended:
• The Fifth Person - Dividend Machines (Only 1 enrollment per year)
• Dr Wealth - Early Retirement Masterclass
• The Asia Report - Singapore Banks
• The Smart Investor - All Stars Portfolio

You can definitely invest with a robo-advisor as you learn. In fact, as you research, you might pick up some useful knowledge along the way.

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