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What is the best plan to make investments?

I want to invest but I am a beginner and want to learn the best way to invest.

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Alvin Teo
Alvin Teo
Top Contributor

Top Contributor (Oct)

Level 6. Master
Answered 2w ago

There is no best way to invest.

But the best way is to learn how to invest and see which suits you.

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If you are always looking for the magic bullet, realised that there is no "best" way without quantifying anything. What can be the "best"? Only when parameters are introduced.

If you are high risk, the first 1 to take note for "best" is the reward and risk ratio. If putting in $1 allows me to gain $2 or $3 in 1 year, that's a ROI of 1 times or 2 times my initial sum. But what about the risk of it lost? Its a probability game here. If I can lose 50 cents but probability to gain $2, seems like a good deal?

What about CPF gaining 4% a year, why do people say its the "best"? Because its virtually risk free (except for political risk and goalpost shifting risk) and have the highest return for its category (like AAA bonds)?

I would instead ask you to focus on your investment mindset as a newbie. Go through Seedly Units (in Facebook) or read through the articles while putting your money (20% out of money you could risk) through dollar cost averaging into a world ETF like IWDA first, or even SSB if you are risk adverse (scared if temporary lost of money).

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Royalchem
Royalchem
Level 5. Genius
Answered 2w ago

Read books first. Don’t enter blindly. Be open minded and read on both fundamental and technical analysis. Decide which one suits you more. Long term? Short term? Day trade? Dividend trader?

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Gabriel Tham
Gabriel Tham, Tag Team Member at Kenichi Tag Team
Level 9. God of Wisdom
Answered 2w ago

There is no best way.

Find out what is your investment objective first.

To preserve capital? To grow capital? For passive income? For retirement?

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Lean Sing Ding
Lean Sing Ding, Client Experience Lead at Endowus
Level 3. Wonderkid
Answered 2w ago

Hi Jasper!

One of the best ways to learn is to read local financial blogs. Check out blog such as

1.) https://investmentmoats.com/

2.) https://financialhorse.com/

3.) https://endowus.com/insights/ (Disclaimer I work for Endowus)

Remember as you begin investing to be Globally Invested, Stay Diversify and Keep Investment Costs low!

All the best!

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I'd say there is no 'best way' as each person would have own circumstances and objectives which mean different instruments be suited/not-suit depending on who is looking at them.

To get going on enunciating your own particular risk appetite/objectives, perhaps you can start with resources on Seedly website linked below! https://blog.seedly.sg/read-me-first-your-personal-finance-journey-starts-with-this-article

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