Anonymous
Hi I have around $1500 to invest into a fresh portfolio that I’ve just started. Would it be good to put it into a S&P500 Vanguard ETF index or to buy shares of Apple now as the stock split is coming soon and ride on the tech industry wave. Maybe later on continue DCA-ing on the ETF.
Thank you all in advance
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Kah Seng
14 Aug 2020
Logistics and Supply Chain Management at Singapore University of Social Science
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Congrats on beginning your investment journey. Before you begin, I hope you do have about 6 months of emergency savings and get yourself sufficient insured (shieldplan, lifeplan etc.)
I will suggest to start with ETF if you are a beginner or only have a small amount to start with for investing, as investing in an ETF helps to instantly diversify your portfolio (not in all ETFs) . VOO is a good choice and APPLE is one of their top few weightage stocks (Can take a look at FTEC/ VGT for more APPLE weightage at the cost of diversification)
It is quite risky to invest all your funds in just a single stock (APPLE) as one of the most important component of investing that many neglected is a well-diversified portfolio.
Just my opinion. Do not succumb to FOMO and invest safely.
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Jairaj Kumaraguru-Ng
13 Aug 2020
Operations Analytics at Singapore Management University
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Hello!
Congrats on taking the step to making your first investment. Do take note of the exchange rate when you are buying anything outside of Singapore market.
As for your $1500, it would be good if you have a savings of at least 3-4 months worth of expenditure as a safety net before making any investments. You also need to consider your time horizon of investments, whether you want to keep for short term or long term. The easiest way to start will be with robos such as Stashaway as it is fuss-free management with a small management fee.