Anonymous
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
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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.
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What not to do, here:
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