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4th month:
Initial investment in Jan 2023 of $790, and monthly buys of $290 (+ ad-hoc investments depending on situation). Very small now but that's the point of DCA.
Added $290 as scheduled in Apr 2023. Have also made the switch from "LionGlobal Infinity U.S S&P 500 Stock Index Fund" (0.35% fees) to BlackRock iShares fund (0.08% fees), which explains the dip in my chart due to rebelancing.
Now the portfolio seems to be fuss-free and low-cost, and so I don't have much complaints about Endowus. I chose this because it also allows me to invest CPF OA monies (if I wanted to).
Will post on a monthly basis, sort of as a testament of "why DCA works". Join me on my journey!
Any and all questions welcome!
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Thanks for sharing!
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Robin
01 May 2023
Administrator at SG
Yes it does work but I will not just DCA into the US index...
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Thanks for sharing