Are you into investing and find it hard to keep up? Then, you are at the right place. Investing is a whole new world in itself, and it can get tiring to be up to date with the current trends and make the right decisions with your money. Here is how you can stay motivated to continue your investing journey.
Find your preferred mode of learning
There are so many resources online that it can get confusing when you�??re seeking to learn more about investments. To encourage yourself to keep investing, figuring out the mode of learning - visual or listening, helps you to retain information better. Whether it�??s youtube channels, podcasts or the Business Times, try them all to see which works better for you in the long term. Some recommended Youtube channels include Kevin Learns Investing and Phil Town�??s Rule #1 Investing, where these experienced Youtubers break down simple concepts like Bitcoin, dividend funds, and buying stocks. Informational podcasts include The Investing For Beginners and Millennial Investing - The Investors Podcast Network. If you prefer reading the news, you can try The Business Times Singapore to read daily updates in the financial markets.
Get an expert's opinion
Have you ever consulted a teacher in school when you need help with your work? Yes, getting an expert opinion can help have the confidence to continue investing. Investments are risky, and you want to make sure that you�??re making the right decisions with your money. Many tend to stop investing after they make a loss or are unable to figure out the market. Hence, having a financial adviser is a great way to seek personalised advice based on your current situation to work towards your goals.
Want to seek professional advice? Derek Koh Organisation is a group of financial experts that specialize in Financial Planning, Wealth Management, Leadership, Training, and Personal Development.
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Opt for convenient alternatives
Sometimes, it can be draining to keep tracking your investments in fear of losing your money. Hence, there are chances that you might want to stop investing altogether. However, there are better options for you to invest safely and have the flexibility to manage your risk levels too. NTUC Income has launched a mobile app known as SNACK. It is specifically designed for beginners and those looking to diversify their investment portfolios. The app is user friendly, convenient, has the flexibility to link micro premiums from as low as $, and users can control their premium contribution amount. Learn how to build your investments and earn $30 by joining the campaign below.
Invest with a friend
As investments can be daunting, find a friend who would get into investing with you. It�??s like finding a gym buddy or study buddy where you both share similar interests and can motivate one another throughout the process. It�??s a great way to share knowledge and ensure that you�??re both on track towards fulfilling your long term financial goals.
Hope these tips give you the inspiration to learn more and keep investing. If you liked our tips, follow our Instagram to be updated with content and campaigns like this!
