Investment class with celebrity reviews? worth checking out or waste of time? - Seedly
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Alcander Seow

Asked 2w ago

Investment class with celebrity reviews? worth checking out or waste of time?

I've been seeing this ad constantly about this Ms Pauline Teo & how she helped many people of different background generate passive income by investing in 'great companies at great price'. The ad tends to showcase celeb like Edmund Chen & daughter, & Gurmit Singh.

Is it worth checking it out & see whether what they said is true, can build a retirement fund from $10/day, generate passive income constantly? Has anyone been to the classes before, what is your experience?

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Courses often are biased

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You should pick up investing on your own. Reason why is the value of experience. Yes, you get to learn from their insights by paying a hefty fee. However, what you are missing out is you learning from your own mistake as a result of your risk appetite and investing goals. Your risk appetite and goals are very much different from everyone else out there, hence you should try out investing on your own and learning from your picks instead. This way, you can pick stocks your way, the right way by yourself instead of relying on what others say in the future.

Of course, by relying on yourself I don't mean it literally 😂. Use the power of the internet to your advantage and read up blogs and watch videos related to stock picking and investing to learn the ropes of how to get started! The journey will be long but the experience you gain from your vow to independence will be priceless.

Here are some great reads I have found to get you started :

Seedly's Investing Guide : https://blog.seedly.sg/ultimate-personal-finance-guide-to-investing-singapore/

The Fifth Person's Investing Guide for Beginners : https://fifthperson.com/how-to-start-investing-in-singapore-a-practical-guide-for-beginners/​​​

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Alcander Seow
Alcander Seow

2w ago

Hi Kevin, thanks for the advice. I'll look into the 2 links you've provided. I saw the ad & was curious cos they alway show like buying shares from Vicom to generate constant passive income. I was looking into investing $50/mth via Stashaway as a start before finding a company with stable value with stable dividend, etc. Thanks for the advice again. Really appreciate it. 😄😄
Kevin Seah
Kevin Seah

2w ago

You should keep putting 50/month into StashAway even after you have found the right companies to invest in! It's a great way to diversify your entire portfolio as robo advisors gives you exposure into the international market, especially StashAway. Don't mention it 😁.
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Woo

Woo

Level 4. Prodigy

Updated 2w ago

I wrote answer to a similar quenstion here:

https://seedly.sg/questions/has-anybody-went-for-the-investing-course-which-used-gurmit-singh-to-market-their-course

Avoid. not worth the time and money.

1) everything they teach can be found free, and cheaper. 3 day course 50% of time upsell you some advance level course, 30% of time do something unrelated, only about 20% is real course content.

2) they are selective in who they choose to help. basically you die your basar.

3) everytime the so call "free resit" is basically try to upsell you another course.

4) met few people who know the owners of the company, regretted going for the course. (cannot verify the authencity of their stories though)

here is a recent youtube who claims he paid $8000 for some membership for a pre IPO and regretted it.

https://youtu.be/Vw1Cto9iesM?t=189​​​

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Alcander Seow
Alcander Seow

2w ago

Hi Woo, thanks for your answer. I'll look into your weblink & the video you've provided. Thanks 😄😄
Thank You!
Can you clarify
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I think investment courses with any celebrity reviews or endorsement always comes with some bias opinion on it, since they might be paid to advertise it to the general public. Furthermore, celebrities arent exactly experts in investments. Would you trust their judgement? Even though they might be trying to appeal to the general masses as "I too do not know much about investing just like you! hence try out this investment class....."

I'd take it with a pinch of salt and check it out anyway before deciding whether I'd really want to spend time on it. Alternatively, I believe there are many alternatives for you out there to learn about investing and always read up on personal finance articles and news in your own time.

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2 more comments

Alcander Seow
Alcander Seow

2w ago

Hi Shania & Frankie, thanks for your answers. I was thinking of investing after my NS as I'll have a small amount of capital I can use as a trial test to see if I want to invest via DCA or buy a share to generate constant dividend. Thanks for the answers again. Really appreciate it 😄😄😄
Frankie Rappaport
Frankie Rappaport

2w ago

Hi Dear Alexander, take care with main stream finance, and also single stocks for dividend income. I have written a 'manual' on: what not to do. I also mention there my own strategies. A lot of them are too risky - which I know - but there are also mentioned some ETFs which appear least risky, and if stock investing is really on Your radar, these should be the ones to buy. They are mentioned as #1 in the lower part of the text and are essentially global stock index passive ETFs. https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy
Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about
Post