I'm 25 y/o, holding a full time job and going to study part time soon this year (~25K total with bank loan). I only have 28K in my bank (parked all of them at SSBEC). Should I start investing? - Seedly
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Anonymous

Asked on 09 Jun 2020

I'm 25 y/o, holding a full time job and going to study part time soon this year (~25K total with bank loan). I only have 28K in my bank (parked all of them at SSBEC). Should I start investing?

25 y/o, holding a full time job and going to study part time soon this year (~25K total with bank loan). I only have 29K in my bank (parked all @ SSBEC). Usually after all the expenditure and my insurance, I have $800 left. I will dump $700 into my SSBEC cos of my uni fees (payable after my whole uni is over (no interest rate))

Now Im not sure if i should start investing due to my uni.

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Would be wise to really understand first before investing - can start w basics such as endowment plans/ saving bonds before you move on to riskier venutres. ATB

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Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

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Aaron Leow

Aaron Leow

Level 8. Wizard

Answered on 17 Jun 2020

Https://www.aaronleow.com/calculators

You can use this page to do your basic financial guidelines and skeleton.

After-which, you will need to do some financial projections tied to your 10 year financial goals. I started investing when I was 17. As such, I will not use university as a factor to dissuade anyone from starting their investment journey.

0

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post

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