Which is a better option? Invest in ETF or SSB? Newbie here. 21 years old still studying but working full time. Would really want to start "investing"? - Seedly
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Asked by Anonymous

Asked on 08 Apr 2019

Which is a better option? Invest in ETF or SSB? Newbie here. 21 years old still studying but working full time. Would really want to start "investing"?

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Zann Chua
Zann Chua
Level 6. Master
Answered on 09 Apr 2019

Hello! This is a good question as im sure that many people here are probably wondering the same thing!

Here is my personal take on this!

Here is a brief overview of the difference between SSB and ETF taken from one of the seedly blog post.

I personally would prefer to invest in ETF as comapred to SSB since the returns are likely to be higher as seen from the table above. Also, since you are still young, you can still afford to take risks. Therefore, even though the risk of ETF is likely to be higher, you should still take this risk since you are still young.

As seen from the table, if you are looking at investing it would be better to invest in ETF since SSB is used to achieve savings goals rather than investing goals.

Hope this helps!

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Billy Ko
Billy Ko
Level 6. Master
Answered on 09 Apr 2019

Hey there! I would personally suggest ETF if you want to experience the feel of "investing" where you will see price fluctuation as opposed to SSB where it's rather fixed in terms of price. As what Nicholas mentioned, there are many useful articles Seedly has did up, so do take a read at them

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ETF will give more returns usually depends on which ETFs you invest in. If you want to start, I would recommend start by learning the basic from personal finance blog like seedly and so on. You can also start reading some books. https://blog.seedly.sg/read-me-first-your-personal-finance-journey-starts-with-this-article/

https://blog.seedly.sg/essential-books-for-beginners-to-learn-investing-in-stocks/

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