How to invest and be rich in Singapore
I read your blog post on how to start building wealth from young and I enjoyed it thoroughly it helped me to understand more about investing and how I should go about developing myself as an investor.
However, I realize you tackled the situation for young investors who have yet to start or are interested to start. Hence, I was hoping if you could share with me your experience or some wisdom on what a young investor who has some knowledge, capital and owns a few shares already. I really would like to know whats the next step of vision and many blogs do not really touch on this category of ‘very young investors who accidentally started before reading financial blogs’.
I’m sorry I have yet to introduce myself, I’m a young army boy just turned 19 and saved up just about 12k and invested about 8k into Suntec Reit and FCT a couple of months ago. I do plan on purchasing gold because I like the feeling of holding my assets and I am aware of the benefits of having gold (cheap during economic booms and recovery, which are happening soon I think?).
I noticed you mentioned you do not normally give advice to people since you are not a financial adviser and such but I hope you could guide me somehow as my parents and close relatives do not invest and I’m the first to venture into this ‘taboo’ world.