Any reviews/safe to buy/tips on POSB/DBS invest saver? ?

POSB InvestSaver was one of my first investments when I started out years ago.

If you're looking to invest in a REIT ETF using this RSP, you may instead want to consider investing in Syfe's REIT+ portfolio instead. The monthly sales charge for this RSP is 0.82% per transaction, as compared to Syfe's 0.65% p.a. management fee. You can also invest in the ABF Singapore Bond Index Fund through the REIT+ portfolio.

If you're looking to invest in the STI ETF, this RSP is one possible way of doing so. However, do take note of the counter-arguments against the STI ETF. Chris gave a good succinct opinion on it here. One possible argument for investing in the STI ETF is that it gives you exposure to the Singapore market. No right or wrong, it really depends on your investing beliefs and risk appetite.

As for unit trusts, I can't comment much since I didn't use the RSP to invest in them.

Hi,

As mentioned, you need passive income for your wedding hence capital protection is the main criteria here. Investing in POSB invest saver, will take your money to invest in stocks and bonds which may be volatile in the near future. Therefore, you may want to consider sticking with the SSB option.

If you have need for the money in 4 years time (considered a short time frame), then it is best to continue with your Singapore savings bonds.

The products in the RSS are typically ETFs or unit trusts, which can swing up or down in value. You might make a big gain in 4 years time or you could be in the red in 4 years time.

The safest choice is still SSB for a short time frame.

You'll give a standing order (fixed set of instruction) to the bank to invest $100 monthly. The bank will then handle the buying for you (you can buy on your own through internet banking, but we shall not dabble there). You'll then invest in the ETF (whichever you've chosen) perpetually until one day you need the money (buy car/house/etc).