Free Beginner’s Guide To Investing…
With As Little As $100!
This simple step-by-step guide will help you get started with investing, and all you need is an ATM/Debit Card, and a starting capital of $100. Plus, there is a bonus video tutorial provided for you below.
Before We Get Started…
It is a highly recognized fact that most people will never be able to beat the market consistently.
This is also the reason why many investing experts including Mr Warren Buffett believes that the average layman would be better off investing his money in ETF instead.
Hence, this guide is catered towards helping beginners invest in ETF, which stands for Exchange-Traded Fund.
ETF investing is suitable for beginners, because it is cost-efficient, convenient, and tax-efficient. Our IEM Coaching Program also help beginners to building a sustainable online business.
There Are 2 Ways To Invest In ETFs In Singapore
You can choose to easily invest in ETFs via 1) iBanking, or 2) With an ATM Machine
This tutorial will focus on helping you invest in ETFs using an ATM Machine.
[Important] Before you begin, do ensure that…
- You are at least 18 years of age at the date of application.
- You have a POSB iBanking account
Offline / ATM Method
Download this video to watch at anytime!
Step 1: Insert your ATM/ Debit card and enter your PIN.
Step 2: Select the “More Services” option
Step 3: Select your preferred language
(e.g. English in this example)
Step 4: Select the “More Service” option again
Step 5: Select “Regular Savings Plan (RSP) for Exchange Traded Fund (ETF)”
Step 6: Select “RSP Setup / Change of subscription amount”
Step 7: Read both pages of the Terms & Conditions & select “Confirm”
Step 8: Enter amount you wish to invest into the ETF every month and select “Continue”
(e.g. $200 monthly in this example)
Step 9: Select the account you wish to invest from
(e.g. POSB Savings in this example)
Step 10: Select your Tax Status
(e.g. Resident in this example)
Step 11: Check your application and select “Confirm” to finish your application!
And that’s it! The Bank will send you a confirmation letter to inform you that your POSB Invest-Saver has been setup successfully and when the first deduction will take place.