What should a teenager looking to start investing, invest in? How much should I start with? And what does the current economic situation mean for some like me?

Hi there,

What an imprssive 18 years old you are considering investment ins such young age!

have you consider kristal.AI?

In kristal.AI there is no fees for your first $50,000 investment which makes kristal.AI a great choice for an investment platform, there are no hidden fees or catches! To add to that, you can use our free algorithm feature to get investment advice on asset allocation, and to have a portfolio which fits your profile and suits your needs.

You can Get Advice from proprietary online investment advisor within minutes to create a personalised investment portfolio, designed specifically to meet your investment requirements and investor profile.

I can also suggest you for SIP programm,

SIP (systematic investment plan) on the investment product you wish to invest monthly in. Just select 'Buy' and the option will be offered to you.

If you would like to reinvest in a certain product monthly, you can select Systematic Investment Plan e.g. in Vanguard VTI 'Buy'. Then, when adding in your budget, do allow a 10% - 20% buffer in event the NAV goes up.

We are not a GIRO, so you will need to ensure funds are in your bank before date of trade execution. E.g. Execute trade on 4th. You need to set up standing instructions on 2nd.

For example, if an ETF is USD 40 and the SIP is set for USD 100, we will buy 2 units of the ETF. If the ETF goes up to USD 60, we will only buy 1 unit of the ETF and so on.

The uninvested funding will be shown as your Available Cash instead.

Here's the link to kristal.AI reviews for your reference: https://seedly.sg/reviews/robo-advisors/kristal-ai

Hope this helps,

Cynthia

How much do you have? Minimum for DCA in STI ETF via RSP is $100. Otherwise can try Robo like Stashaway. No minimum sum. https://www.stashaway.sg/referrals/qinhongk8k referral for up to 10k free for 6mths.