Happy to moderate the Moneysense (Monetary Authority of Singapore (MAS) and CPF Board Growing My Wealth Webinar: Start Early, Grow Steadily: Investing 101 for Young Adults.
The webinar, as part of Global Money Week, engaged young working adults and aspiring investors on three key themes:
– Getting started with investing
– Understanding personal risk appetite
– Building a balanced portfolio through diversification
The estemed panellists were:
– Shawn Lee, CFP®, CFP, VP of Financial Planning Literacy at DBS Bank
– Thomas Chua, Founder of Steady Compounding
– Dorcas Low, Deputy Investment Director at CPF Board
A key takeaway from the evening is that the most powerful investment advantage young adults have is time.
Through compounding, even small and consistent contributions can grow significantly over decades.
Time in the market almost always beat timing the market.
The panel also reframed how young adults can think about CPF, not just as a retirement tool, but as a risk free financial foundation that supports broader investment goals, including options under CPFIS for those seeking higher returns (a new scheme that will be launching soon).
Emcee Lester Leo is the emcee and moderator for Moneysense (Monetary Authority of Singapore (MAS) and CPF Board Growing My Wealth Webinar: Start Early, Grow Steadily: Investing 101 for Young Adults.