In today's low-interest environment, more millennials are seeing the need to start investing.
Simply because saving alone in high-yield savings account used to be sufficient for some of us.
Previously, banks offered interest rates of 2% or higher - virtually risk-free.... why not?
And most of us were content with that.
Now, if you're reading this post, you are ready to start investing.
It's easy to rush into investing.... after all the barriers of entry are quite low.
As long as you have the money, you can easily set up a brokerage and a CDP account with our local banks.
Financial Horse did an article on this. You can read it here.
Once the account is ready, you can place orders for ETFs and Individual Stocks.
Hint: Go with DBS Vickers - Cash Upfront.
With a minimum commission of SGD10 and 0.12% rate, it is effectively the ONLY brokerage in Singapore that offers a low commission rate AND sends your
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