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Tuesday, October 16, 2007

Investing tips for a young person

Dear Mr Tan,

I attended your talk organised by the Teacher's Co-Operative Society. You mentioned that its best for young investors to invest in equities. How do I go about it?

MY REPLY

I hope that these FAQs will give you the answers:

http://www.tankinlian.com/faq/fptips.html
http://www.tankinlian.com/faq/august.html
http://www.tankinlian.com/faq/returns.html

There is some concern that the stockmarkets may be too high now. If you are investing a monthly sum, it is all right to get invested at any time.

However, if you are investing a lump sum, it may be better to avoid investing in equities at this time. You can choose a balanced fund or in the money market.

I suggest that you talk to an adviser. Or call the business center in NTUC Income.

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