Here’s one of the greatest misconception amongst Singaporeans. ” I need to save up a huge amount to be able to start investing.” It is true that in the past one will require quite a substantial amount of capital before making his first investment. However, with the Regular Savings Plan (RSP), that argument is no longer valid. With as little as $100 month, average Singaporeans with little knowledge of investing can park a portion of their income with some of the safer options. What Is Regular Savings Plan? A Regular Savings Plan is one of the recommended options for investors who are new to investing. This plan allows one to invest a fixed amount into a variety of Singapore blue chip stocks or an Exchanged Traded Fund (ETF) that tracks the Straits Times Index (STI). By allowing a constant monthly investment, the Regular Savings Plan allows an investor to dollar-cost average ......