If you have never invested your money before, taking that first leap of faith can be difficult.
The situation is not helped by the fact that there is an often confusing avalanche of different investment-related information available on the internet.
But making sense of the myriad of investment materials is only the first hurdle.
The next step is to identify the right company to invest in.
This is easier said than done because there are over 7,700 stocks listed in the US, and nearly 700 in Singapore.
Here are four excellent blue-chip stocks to narrow down to the list for your first investment.
Apple (NASDAQ: AAPL)
With a market capitalization of US$2.3 trillion, Apple is currently the most valuable company in the world.
The Cupertino company is well known for its consumer electronic goods such as the iPhone, iPad and iMac.
A few key factors make Apple a perfect first stock to own....