Apart from StashAway and Syfe, any recommendations to DCA into S&P 500 ETF or SG stock?

You have to examine the underlying funds that Stashaway or Syfe is investing in. What you don't want to do is to invest in both and have a heavily concentrated portfolio in one particular fund. The fee is also another factor you want to use just one robo.

Yes, you can DCA into S&P500 ETF but what you really want to do is to understand the reason behind the suggestion.

DCA into SG stock can be a good idea only if you know what you are doing and be willing to take a higher risk. It's crucial to understand your risk profile and a qualified financial advisor will be able to assist you. STI hasn't been performing well compared to other indexes.

What is most important is to have a solid system and strategy. Proper asset allocation and risk management are more important.

Better to have a good sleep at night than to be constantly worried all the time.​​​

I would advise DCA with roboadvisors because of your low capital of $700 a month. Likewise against, dca into S&p 500 ETF or sg stock.

Main reason: cost. fee

using SG market as an example,

Fee is about $25 if you are buying under CDP. To keep fee below 1%, you need at least $2500 per transaction.

Thus, would it be wise to DCA $700?

Roboadvisor minimises your fees, optimise your returns and minimise your downside risk.

Also,

These robo-advisors are adjusted to perform better than S&P 500 over the long run. Algorithm knows. Whether if it is true, time tells.

If you want to invest on SG stock/STI, I would recommend using SYFE REIT+.

How you want to allocate is based on how far you trust the algorithm and your preference. I would recommend just try both.

Cheers​​​