What is the minimum amount I should have to start investing (low commitment) as a 21 year old student?

Hi Anon,

There are plenty of safe ways to invest your money. You can go for REITs, other ETFs and bonds, but before you do that, I'd suggest you read up as much to understand what a Robo-advisor really does. Robo-advisory platforms assess your current financial position and recommend a portfolio strategy after reviewing your risk profile. These bionic advisors are still not very different from your ordinary financial advisors as both options will still have a management fee incurred for users. The difference lies with the amount, as Robo-advisors have lower management fees. And the best part is that they give you the most unbiased advice.

You can read here for a better understanding.

I work at kristal.AI, and my mojo is to help people make the right financial decisions. If you think I helped you, do give me "Thumbs up". If you think my response was biased let me know, I will work on it.

I hope this helps you make the right decision.

You can invest $100 monthly with a regular savings plan like POSB invest saver. Singapore savings bond and robo advisors are also another alternatives. However, it would be better for you to have a regular income, emergency savings and insurance ready first before getting into the more volatile investments like stocks. You should start with getting more knowledge about personal finance and investments first while you are still studying. Starting early is good but dont rush into things that you dont understand.