One big misconception people have is that they think they need tens of thousands of dollars in order to start investing.
The good news is that you do not need a large amount of initial capital and investing isn’t just for the rich. In fact, if you know our motto in SmallCapAsia, we always tout the following: “Start small, Win Big”!
In this article, we have listed a few investment options that require you to kick start your investing with as little as S$100 per month!
1. Exchange-traded Fund (ETF)An exchange-traded fund (ETF), is a marketable security that tracks an index, such as a stock or bond index. Hence, an ETF typically produces a return that replicates the specific index.
Such index-tracking ETFs are passively managed by ETF managers and do not try to outperform the underlying index. Index-tracking ETFs are best known for having low fees and charges
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