AMA SG Budget Babe
Asked by Anonymous
Asked on 14 Aug 2018
Regular Saving Plan (RSP) such as through POSB InvestSaver for a start. It diversifies your capital across Singapore's biggest listed companies on the stock market even though your starting capital is smaller.
Your one-off sum, if regularly put in, can easily buy you 1 - 2 stocks each time while minimising brokerage fees so that it is worth it. Over time, that can build up a good starting portfolio.