facebookI'm currently in NS, and I have around $6.5k sitting in my bank now, and I also have taken the POSB SAYE with $1.5k inside. I'm thinking about investing the money. Any recommendations? - Seedly

Anonymous

26 Jun 2021

General Investing

I'm currently in NS, and I have around $6.5k sitting in my bank now, and I also have taken the POSB SAYE with $1.5k inside. I'm thinking about investing the money. Any recommendations?

Post Merged

This post is no longer accepting new comments because it has been merged with How should I begin investing as an NSF?

Discussion (2)

Victor

26 Jun 2021

Financial Service Consultant at AIA

Gabriel

22 Oct 2018

Undergraduate at National University of Singapore

Always read up first and do your homework/due diligence before investing. Ensure that you have a set of emergency funds first before investing and only invest with money that you can afford to lose.

For a start, you can consider investing in the Nikko AM STI ETF through POSB's RSP InvestSaver. Can invest as low as $100 per month. Alternatively, you can consider trying out robo advisors like Stashaway or Smartly.

Write your thoughts