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
Seedly logo
Seedly logo
Ā 

Investments

Savings

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"?

0 comments

8 answers

Answer Now

Answers (8)

Sort By

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!

0 comments

šŸ‘ 1
Billy Ko
Billy Ko
Level 7. Grand 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

0 comments

šŸ‘ 1

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/

0 comments

šŸ‘ 1
MT2020
MT2020
Level 7. Grand Master
Answered on 26 Feb 2020

You are still very young, so i would suggest etf as there is more room for growth. For ssb the interest is fixed.

0 comments

šŸ‘ 0

It really depends depends on your risk profile. If you are very conservative and not willing to take any risk, SSB will be a better option since you can always take your money back with no capital loss. However, if you are a risk taker, willing to take some risk and to learn more about investing, ETF will be a better option. As the saying goes, higher risks higher returns. The returns from ETF will be better compared to the returns from SSB.

0 comments

šŸ‘ 0
Geraldo L.
Geraldo L.
Level 7. Grand Master
Answered on 26 Feb 2020

For me I have both ETFs and SSB contributions. My SSB is more like a liquid fixed deposit, whereas ETF is for investment.

If you don't have the time to monitor the ETFs I would rather you go for a more stable option such as SSB. It already gives you the 10 year interest rate upfront before you put your money into it.

However if you really want to start on investments, looking into the prices, managing more risk, then ETF.

0 comments

šŸ‘ 0
Frankie Aufhauser-Rappaport
Frankie Aufhauser-Rappaport
Level 9. God of Wisdom
Answered on 25 Feb 2020

This is all individual.

For me SP500 ETF (VOO) and Lion-Phillip S-REIT

are superb investments, the former for growths and dividends,

the latter principally for dividend yields of REITs in a superb country.

0 comments

šŸ‘ 0
Rais M
Rais M
Level 7. Grand Master
Answered on 25 Feb 2020

ETF & SSB are the easier way to start off an 'auto-pilot' investment plan.

You can consider doing a $100 per month investment with POSB Invest Saver STI ETF, and park a certain some of money with SSB.

0 comments

šŸ‘ 0