"How Much Should I Invest Into 1 Stock?"
In this #AskDrWealth episode, we are going to identify:
- what's the minimum amount you should invest,
- what's the maximum amount you should invest into 1 stock, and
- how this should fit into your entire portfolio
What is Your True Cost of Investing?
Let's start with the minimum amount.
Since 2015, the minimum lot size on SGX has been modified from 1,000 to 100. This means you can buy 100 shares of any stock you desire.
For example, if you want to buy 100 shares of Golden Agri (GSX:E5H) at $0.355, you'll only need to invest $355!
BUT...
To invest in stocks, you'll need to go through a brokerage. This means that there are commission fees involved.
Hence, the minimum commission is actually an important ...
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