facebookShould I buy dividend stock during my NS period, to earn some money during that period? - Seedly

Anonymous

02 Aug 2020

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General Investing

Should I buy dividend stock during my NS period, to earn some money during that period?

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Tan Wei Ming

30 Jul 2020

Founder and Writer at Frugal Youth Invests

Many have advocated that when one is young, one should go for growth stocks as your capital is little and so your dividends will be quite negligible.

Yes you might compare this with putting in a bank but when you buy dividend stock, you are exposed to market risk in which your returns can be negative at the end of the day.

Therefore, buying into growth stocks when one is young is recommended.

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