For people with no investment experience, it is very common to ask: "How to start investing?" This is a very general question, which has no direct answer to it. How about let's make the question more relevant to this blog, "How to start investing in REITs ?" Well, now the question scope has been narrow down quite a lot, hasn't it? If you have not read my previous post on "What to Consider before Start Investing" and "How to Come Out a Simple Dividend Investment Plan", I would recommend you to read it first.
1) Open Brokerage Account
There are 2 types of accounts you can use to buy REITs: through regular saving plan or through trading account, both have its pros and cons. i) Regular Saving Plan
Regular saving plan allows one to invest a fixed amount every month into shares from S$100 per month. It is a dollar-cost averaging way to invest,...