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FundsandNotes

Freelance Motion Designer at Home

22 Mar 2020

Stocks

How do I start investing? Or start to learn investing?

Where should I begin to start learning, any resources that you can recommend to me? Any tips and tricks that I should know? And what should I be doing about my finances even before I start investing?

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Starting to learn investing begins with understanding the basics like how money grows, what risk means, and the difference between stocks, bonds, and assets. Begin by educating yourself through books, videos, and beginner-friendly courses from trusted sources. Some people also explore alternative assets such as Diamond investments to diversify beyond traditional markets. Set clear financial goals so you know whether you’re investing for the short term or long term. Start small and only invest money you can afford to keep invested. Learn how diversification reduces risk instead of putting everything in one place. Use beginner investing apps or platforms with low fees to practice. Track your progress and stay consistent rather than chasing quick profits. Over time, patience and continuous learning are what truly build wealth.!--td {border: 1px solid #cccccc;}br {mso-data-placement:same-cell;}--https://regal.studio/

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Brendan Wong

22 Mar 2020

Economics Undergraduate at Nanyang Technological University

As a fellow newbie, I would recommend you to read this: https://blog.seedly.sg/ultimate-personal-financ...

It's a comprehensive article that provided me quite a bit of knowledge to start investing!

For a more casual/general/quirky resource, you can refer to "The Woke Salaryman". They're probably my favourite content creator regarding investments. Their comics are easy to understand and interesting! https://thewokesalaryman.com/

As for myself, I started off by Dollar Cost Averaging (DCA) into the STI ETF, which basically means I invest a set amount of cash into the top 30 companies of Singapore every month. You can do this through FSMone's Regular Savings Plan (RSP)!

I've just recently ventured out into investing in the S&P 500 (top 500 companies of US) to further diversify my portfolio.

Take your time, read up, and don't rush into investing too fast without properly educating yourself a little first. Good luck and have fun!

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