I am a student waiting to go into NS and I am curious as how and where should I go to start in investments? What are the differences between trusts and shares? - Seedly
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Anonymous

Asked on 02 May 2020

I am a student waiting to go into NS and I am curious as how and where should I go to start in investments? What are the differences between trusts and shares?

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J
Jaye
Top Contributor

Top Contributor (Aug)

Level 6. Master
Answered on 13 Aug 2020

You can also strongly consider dollar cost averaging into ETFs

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Kevin Seah
Kevin Seah
Level 5. Genius
Answered on 16 Aug 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.

Cheers!

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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

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Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 02 May 2020

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.

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Puah Hao Yong

02 May 2020

Thanks for the advice!
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Yang Teng
Yang Teng
Top Contributor

Top Contributor (Aug)

Level 9. God of Wisdom
Answered on 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.

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