Invest
How my buddy started investing with $5k
By Jeffrey Lee's Personal Finance Blog  •  September 30, 2020
$5k can invest or not? Source: Pexels This post talks about how my good buddy, Darius*, started investing with $5k with no prior investment knowledge. I would be sharing about his background and investment portfolio. It all started in early February 2020 when he took an interest in investing after I told him that his money in his savings account was earning next to nothing and he could consider investing it instead to get higher returns. This coupled with the COVID-19 crash, presented a good opportunity to enter the market. I briefly summarised for him some of the various financial derivatives and jargons, as well as investing strategies first, and asked him to decide for himself the type of investing he wants to focus on. Eventually, he decided that he wanted to focus more on dividend stocks in his portfolio, and to a smaller extent, some growth stocks. I thus...
Read the full article
By Jeffrey Lee's Personal Finance Blog
Hello there! I am Jeffrey and thanks for dropping by! This blog is a special project of mine and it is a place for me to pen down my thoughts and to share it with everyone, with a particular focus on documenting down my journey to attain financial independence before reaching the age of 40.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance