Need investment advices !!!

[AppleStrudelMudPie]

I'm a full time student with a moderate amount of savings. Both my parents aren't working anymore and I would like support my family through passive income together with my part time job. Thankfully, my school fees has been covered so I don need to earn a large sum. Anyone can advice ? Do note that I'm very new and have no experience whatsoever in investment or stocks so I would be more keen in advices that does not involve much risks as I'm using my savings. Thanks.

Sent from the deep that Adele is rolling in using GAGT

 

[wahkao3]

Right now i am 100% vested in stocks. no cash. but dont follow me blindly. Because I know what i am doing.

As a newbie, keep in bank deposit till market crash
after market crash, show hand everything into stock market, including CPF. anyhow buy also can huat. go for your favorite blue chips like singtel, smrt, starhub, ST Eng, Keppel Corp.

when market crash? I dunno. Its no where in sight.

 

[wahkao3]

and dont listen to those financial advisors, investment advisors, alternative investments. They will always tell you its the right time to invest. They sell mutual funds, unit trust with amazing projected returns. I guarantee you will not get anywhere near those returns. u will be lucky if you can get your capital back

 

[AppleStrudelMudPie]

Right now i am 100% vested in stocks. no cash. but dont follow me blindly. Because I know what i am doing.

As a newbie, keep in bank deposit till market crash
after market crash, show hand everything into stock market, including CPF

when market crash? I dunno. Its no where in sight.

So just earn the interest the bank gives ?

Sent from the deep that Adele is rolling in using GAGT

 

[coloumbiaGames]

I'm a full time student with a moderate amount of savings. Both my parents aren't working anymore and I would like support my family through passive income together with my part time job. Thankfully, my school fees has been covered so I don need to earn a large sum. Anyone can advice ? Do note that I'm very new and have no experience whatsoever in investment or stocks so I would be more keen in advices that does not involve much risks as I'm using my savings. Thanks.

Sent from the deep that Adele is rolling in using GAGT

Ocbc 360 definitely a good start.

 

[archcherub]

Ocbc 360 definitely a good start.

i agree. make sure u have a few tens of thousands first.
http://forums.hardwarezone.com.sg/money-mind-210/ocbc-360-account-4629515.html

keep an open mind, and start reading up a lot more..


prepare ur stock broker account first, and get use to do demo or at least understand what u want to do.
start from this thread?
http://forums.hardwarezone.com.sg/money-mind-210/*official*-shiny-things-club-4866757.html

 

[wahkao3]

i agree. make sure u have a few tens of thousands first.
http://forums.hardwarezone.com.sg/money-mind-210/ocbc-360-account-4629515.html

keep an open mind, and start reading up a lot more..


prepare ur stock broker account first, and get use to do demo or at least understand what u want to do.
start from this thread?
http://forums.hardwarezone.com.sg/money-mind-210/*official*-shiny-things-club-4866757.html

let me help u by summarizing shiny thing's advise.
shiny advises newbies to dollar cost average. every month put in a part of your salary into a low cost index, such as vanguard fund for US, or STI ETF for singapore. and have a very long term approach.

 

[platopus]

Go posb and open the 1.88% Current acct saving acct now. Transfer half your funds imside this pseuso fixed deposit..
Profit!

 

[linxiaobei]

and dont listen to those financial advisors, investment advisors, alternative investments. They will always tell you its the right time to invest. They sell mutual funds, unit trust with amazing projected returns. I guarantee you will not get anywhere near those returns. u will be lucky if you can get your capital back

I agree to the above statement. Those are salesperson in another title, they want you to invest not for your benefit but their benefit. Unless you don't know how to invest and can't be bothered to try learning, then you can use their services.

 

[havetheveryfun]

Right now i am 100% vested in stocks. no cash. but dont follow me blindly. Because I know what i am doing.

As a newbie, keep in bank deposit till market crash
after market crash, show hand everything into stock market, including CPF. anyhow buy also can huat. go for your favorite blue chips like singtel, smrt, starhub, ST Eng, Keppel Corp.

when market crash? I dunno. Its no where in sight.

thought u haven't open CDP account

 

[wahkao3]

Unless you don't know how to invest and can't be bothered to try learning, then you can use their services.

dunno how to invest even worse, they eat u alive!

this is how i shoot down the financial advisors
=========================================


FA: what is your risk appetite?
me: I am low risk taker
FA: Ok, I recommend you bond mutual fund, the projected return is 2%
me: U siao ah! inflation already 5%. U only offer me 2%.
FA: Because your risk appetite is low risk, only mutual fund return 2% and very low risk.
me: I am looking for high return, low risk. Why you recommend me this kind of nonsense mid risk, low return product?
FA: In market no such thing as high return,low risk. High return will come with high risk
me: Then what for I need you? What is your value add? You are just going to stand in the way and suck commissions. If I want high return high risk, I can easily find it everywhere. I can go casino, even faster. if do not have any low risk high return products, dont waste my time.

 

[archcherub]

dunno how to invest even worse, they eat u alive!

this is how i shoot down the financial advisors
=========================================


FA: what is your risk appetite?
me: I am low risk taker
FA: Ok, I recommend you bond mutual fund, the projected return is 2%
me: U siao ah! inflation already 5%. U only offer me 2%.
FA: Because your risk appetite is low risk, only mutual fund return 2% and very low risk.
me: I am looking for high return, low risk. Why you recommend me this kind of nonsense mid risk, low return product?
FA: In market no such thing as high return,low risk. High return will come with high risk
me: Then what for I need you? What is your value add? You are just going to stand in the way and suck commissions. If I want high return high risk, I can easily find it everywhere. I can go casino, even faster. if do not have any low risk high return products, dont waste my time.

bro if u got low risk high returns, PM me leh... i also wanna make sure i got enough money for CPF minimum sum...

 

[friedpiggy]

dunno how to invest even worse, they eat u alive!

this is how i shoot down the financial advisors
=========================================


FA: what is your risk appetite?
me: I am low risk taker
FA: Ok, I recommend you bond mutual fund, the projected return is 2%
me: U siao ah! inflation already 5%. U only offer me 2%.
FA: Because your risk appetite is low risk, only mutual fund return 2% and very low risk.
me: I am looking for high return, low risk. Why you recommend me this kind of nonsense mid risk, low return product?
FA: In market no such thing as high return,low risk. High return will come with high risk
me: Then what for I need you? What is your value add? You are just going to stand in the way and suck commissions. If I want high return high risk, I can easily find it everywhere. I can go casino, even faster. if do not have any low risk high return products, dont waste my time.

LOL.
U are so full of crap but really entertaining.

 

[wahkao3]

bro if u got low risk high returns, PM me leh... i also wanna make sure i got enough money for CPF minimum sum...

my stock tips loh

 

[wahkao3]

LOL.
U are so full of crap but really entertaining.

its not crap
low risk, high return is a fundamentals concept of investing.
if you cant follow this concept, i suggest not investing at all

 

[econsmagic]

Wahkao do make some sense though he tend not to elaborate. quite entertaining posts also

 

[archcherub]

my stock tips loh

where? share the threads leh.
in the USA thread, ask you to share ur usa, u still dont share, say what privacy...

http://forums.hardwarezone.com.sg/stocks-shares-indices-92/usa-stocks-discussion-2015-a-4945512.html

dont act blur hor... share!!

Low risk high returns only please!

 

[bakuten]

3 words....

Physical Precious Metals.

 

[archcherub]

my stock tips loh

bro wheres ur stock tips!

share leh... CNY coming. we need low risks high returns investment tips...

 

[bankingnerd]

AppleStrudelMudPie, may I suggest that perhaps you may wish to view your perceived risk appetite with relation to your understanding of the investments you are considering?

Reason I am saying this is because you may have noticed that in the recent years, 'so called' lower risk options (in the minds of Singaporeans specifically), such as Gold, Australian dollars, or even certain bonds, have in fact fallen a lot.

Ironically, it is the high risk instruments such as shares that have benefited.

If I may share some humble advice, if you were to consult any financial advisor and ask them for advice solely based on the supposed risk nature of the product, the advice may end up being irrelevant to the current markets and end up being detriment to you.