advice on investment

[Palaxius]

Any minimum amount of cash needed for investments?

 

[alexchia01]

Any minimum amount of cash needed for investments?

What do you mean? Invest in anything?

Well, to start investing, there is no minimum amount, but some investment products do require a minimum amount to start.

 

[Palaxius]

For example I have $5000 spare cash with monthly savings of $500. Any advice on where to put my money? Enough for ETF or bonds?

 

[makav31i]

For example I have $5000 spare cash with monthly savings of $500. Any advice on where to put my money? Enough for ETF or bonds?

$5000 can buy 1 lot SPDR STI ETF and 1 lot ABF SG Bond Fund...

If you want to invest monthly, can consider OCBC BCIP, POSB Invest Saver or POEMS SBP...

 

[yanbros]

sorry to hijack your thread. But is it still wise to invest stocks or bonds when everything is at all time high and looks like it may fall anytime? Would it be better to save up the money and hoot when price drops. Of course no one can time if it will continue to rise or fall, but when prices are at all time high, wouldn't investors be more cautious?

 

[alexchia01]

sorry to hijack your thread. But is it still wise to invest stocks or bonds when everything is at all time high and looks like it may fall anytime? Would it be better to save up the money and hoot when price drops. Of course no one can time if it will continue to rise or fall, but when prices are at all time high, wouldn't investors be more cautious?

Until early this year, I was buying for investment.

Now, I buy for trade only.

Does this tells you anything?

 

[yanbros]

Until early this year, I was buying for investment.

Now, I buy for trade only.

Does this tells you anything?

what do you use to determine your buy or sell point when you trade? Thing is that i don't have a trading account so i only use fundsupermart and POSB InvestSaver to do RSPs. I'm wondering if i should stop those RSPs, encash them and put the money aside first while its still profiting. Not a whole lot of money. Coz i'm thinking of putting more money into RSP but after thinking twice, i think i should just save up more cash first.

 

[RubiksCuber]

low risk high return is important. Nothing wrong with repeating such an important concept.

How old are you?

 

[RubiksCuber]

what do you use to determine your buy or sell point when you trade? Thing is that i don't have a trading account so i only use fundsupermart and POSB InvestSaver to do RSPs. I'm wondering if i should stop those RSPs, encash them and put the money aside first while its still profiting. Not a whole lot of money. Coz i'm thinking of putting more money into RSP but after thinking twice, i think i should just save up more cash first.

What's your current breakdown?

 

[wahkao3]

How old are you?

How old are you?

 

[Futureskid]

low risk high return is important. Nothing wrong with repeating such an important concept.

Hey, i believe in your low risk high return concept!

 

[Shiny Things]

sorry to hijack your thread. But is it still wise to invest stocks or bonds when everything is at all time high and looks like it may fall anytime? Would it be better to save up the money and hoot when price drops. Of course no one can time if it will continue to rise or fall, but when prices are at all time high, wouldn't investors be more cautious?

Here's the thing: stocks aren't at an all-time high. Only American stocks are. Singaporean stocks are still well below their all-time highs.

And you're right that it's better to invest when stocks are near their lows than when they're near their highs, but an all-time high isn't necessarily a bad time to invest. If you'd bought stocks at their all-time high the day before the 1987 crash, you'd have made back all your losses in the space of a couple of years, and then you'd have made an extra 500% or so over the next decade.

Over the long term, stocks tend to go up. So all-time highs tend to be followed by new all-time highs.

 

[RubiksCuber]

How old are you?

I suspect you are older than me. But only in physical age.