How to start investing in Singapore: A practical guide for beginners (updated 2018)
It’s been over four years now since we founded The Fifth Person. In that period, we’ve shared our investment insights and analysis, published hundreds of articles, and written about how anyone can achieve financial independence through prudent and long-term investing.
Along the way, we’ve received several emails from readers who wanted a practical guide on how to start investing in Singapore. This was when we realised that while a blog is a great way to share our research and insights in a timely manner, it’s not the best way to organise information about a topic in a practical, step-by-step sequence.
So we decided to compile a list of our best articles that will guide you step-by-step on what you need to do to start investing today. We hope this practical guide will help you get the ball rolling — especially if you’re a beginner – and ultimately help you make better, more profitable investment decisions.
How to start investing in Singapore
1. Before you start investing, it’s important to set your personal financial goals and how much you need to save (and invest) to reach your target. These articles will show you how to plan ahead and get your personal finances in order before you put first dollar in the stock market.
- How saving just $11 a day can make you a millionaire
- Do you have these 2 financial parachutes ready before you invest?
- The rule of 300: How much you need for retirement
2. Once you have your finances in order, it’s time to open a brokerage account. We’ll show you how to open a brokerage account in Singapore and the minimum sum you to get started (it’s not much, really).
- How to open a brokerage account in Singapore (and how to choose the right broker)
- How much money do you need to start investing in the stock market?
3. The next step is to choose you investment style that works best for you — based on your own risk profile, investment goals, and financial needs. Remember, any particular strategy can give you great returns as long as you do it right, and you’re also free to combine different styles to suit your individual needs.
Knowing that, these articles will give you a deeper introduction into each investment style:
- The Investment Quadrant: The 4-step formula to picking the best stock investments
- The many models of investing: Predictable value investing
- 7 quick steps to pick the best value-growth stocks
Singapore REITs (Dividend investing)
- 5 reasons why you should invest in S-REITs
- 5 important factors you need to consider before you invest in any REIT
- Top 10 Singapore REITs that made you money if you invested from their IPOs
Deep value investing
- Deep value investing: 4 core tenets to finding bargain stocks with big upside
- 6 things you need to know about deep value investing before jumping into it…
- How to construct a deep value stock portfolio
4. Once you understand the types of companies you should be looking out for, you need to manage a watchlist and portfolio of stocks. We’ll show you some quick ways of finding investment ideas to add to your watchlist, and what you need to do manage and monitor your stock portfolio along the way.
- 3 easy ways I find new investment ideas fast
- When to buy a stock: The 3 best times to buy stocks at a discount
- When to sell a stock: 3 best times to sell a stock to lock in profits and protect your downside
- 3 signs your stock portfolio could lose you a lot of money
- 5 reasons why you should attend annual general meetings if you’re an investor
5. You can invest in foreign stocks to gain exposure to more growth opportunities as Singapore is a small market. Here are some reasons why investing overseas is a great idea and what you need to look out for.
- 4 reasons why Singaporeans should invest in stock markets overseas
- 3 ways to handle forex volatility when investing overseas
6. Your CPF is an important part of your financial planning and retirement. Here are some articles which show you how to make full use of your CPF and the important things you need to consider if you plan on investing your CPF.
- How to earn 6% returns “risk-free” from your CPF
- How to choose which CPF LIFE retirement plan is best for you
- How to invest your CPF: 5 things you need to know
The fifth perspective
We hope you find this guide on how to start investing in Singapore useful. This list is by no means final and we’ll add/update the guide as we write more articles and share new information that’s relevant to investing in Singapore.
At the same time, do read our analysis section and our coverage on annual general meetings on how we apply these concepts when we do our research on companies in Singapore and beyond – I believe you’ll find a treasure trove of insights that will help you become a better, more profitable investor.
To your investing success,
The Fifth Person
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