facebookWhat recommendations do you have for new investors? - Seedly

Anonymous

04 Aug 2020

SeedlyAMA

What recommendations do you have for new investors?

Basic intro about myself, 22yo saved about 10k to invest.
Spent ard 4k few days ago on my first investments. Any SGX stocks/reits to recommend? Preferably with high div yield or growth prospect.

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Ernest Yeam Wee Leong

13 May 2020

Content Creator at www.youtube.com/c/JustBeingErnest

Whether you prefer active or passive investing

go for investment courses to see which method you prefer

study how the rich make money from stocks

SG stocks that have business overseas will be able to grow faster, tech stocks as well

Div yield probably reits or undervalued dividend stocks can give you high yield

Stocks like Parkway life reits or industrial reits for dividends

I make videos about interesting stuff at youtube here

Lin Yun Heng

08 May 2020

Senior Analyst at Delphi

Congrats on starting your investing journey! First and foremost, it will be great if you stick to a style of investing. For young people like us with long time horizon, we should invest more aggressively but again this is up to your own risk appetite. I personally own 100% equities (21 years old) 5 digit sum, aiming for my first 100k. I would recommend you to build up your financial knowledge and take online suggestions here with a pinch of salt, doing our own due diligence will save us from costly mistakes. For stocks recommendations, you can look into fundamentally strong stocks such as Ascendas Reit, MLT/MCT, DBS. These are counters I own myself and MCT is currently my strongest holding (+24%) but again I bought it during the March low. Again this is not a buy/sell advice and I reccomend you to do your own research. If you want to know why they are fundamentally sound, do drop a comment and I can tell you more. Cheeers!

*Disclaimer: Not a certified Charted Financial Accountant or financial consultant, just saying this based on my own experience. Please DYODD.

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My best recommendation for you as a new investor is NOT to get stock tips online, nor should you buy because of online recommendations. Learn how to invest yourself instead.

Read and learn from the mistakes of other investors which cost dear to them but free to you...

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