National Service (NS)
Asked on 02 May 2020
Best way to get started is through a robo-advisor. I started off my investment journey using StashAway with its diversified portfolio and decent risk exposure.
Reading up on investment products more will help you to understand what are they and which ones you should be investing in at your current life stage and capitial.
Take your free time in NS to read more before investing so you can have more specific questions, and the community here will be better able to assist you in your investment needs
Download the national library app libby.com, and start borrowing all kinds of introduction to personal finance / value investing books out there to bump up your financial literacy.
It is not possible to learn the nuances of investing just by going around and ask a few " here & there" questions.
02 May 2020
By trust, I assume you are referring to 'unit trust' since 'trust' itself means something entirely different.
Unit trust is a investment vehicle (tool) where investors pool their money together for a fund manager to invest. The fund manager can then use the money to invest in asset or debt securities, depending on the benchmark. Shares or stocks represent an ownership in a comapny. Unit trust can invest in shares (equities) but not the other way round.
In NS, I feel the environment and culture makes you more brain-dead as time passes. During my break (weekends or leave), I would read up more about investments through blogs, books, and videos online. Closer to ORD, I took on some courses and studied ahead for uni. I did lesser stock investments and shifted to more regular savings plan.