What do you guys think about my investment options? - Seedly

Blue Chips


Asked by Anonymous

Asked on 05 Mar 2019

What do you guys think about my investment options?

Currently 26 years old working as IT B.A and part-time degree student and I have Regular savings plan with POSB and OCBC unit trust and blue-chips. Not sure if I am doing it right to kick start my investment journey. Other people are buying stocks but I am buying Blue-chips and RSP. Feel kinda weird..any advice?


Answers (1)

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Investment comes in different forms. There is no best investment but consider these few factors:

  • Why are you investing?
  • What is your risk appetite?
  • How long are you willing to invest/stay invested?
  • How much are you comfortable investing?
  • Self managed vs 3rd party managed?
  • What are the charges to investment products?

DO NOT follow blindly.

Actions leads to reactions/consequences.

Knowledge gives birth to choices.

Only when you are aware of the different choices, different consequences can you then make a decision where the consequences are something bearable.