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Originally Posted by Stressfullsociety
i'm new to investing. May i know as a new investor, what kind of investment can i go for? i will prefer low risk investment and i have around 10-20k of start up capital to invest.
Can anyone advise me? thank you.
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If you are young and can buy and hold for a long time, invest in globally diversified ETFs e.g. Ivv (U.S. S and p index ), vea (global markets ex US)
Buy these through your online broker from the NYSE (not the versions listed in Singapore which have high expenses and low liquidity)
If you are a patient buy and hold investor, this is the best way to get long run returns. Historically, U.S. SnP has returned 10 percent per year.