facebookDoes it make sense to invest in 2 different RSS or do you guys usually just choose 1? - Seedly

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Anonymous

30 Oct 2019

Robo-Advisors

Does it make sense to invest in 2 different RSS or do you guys usually just choose 1?

The plan is: DBS 0.5% ABF ($500 invested, $2.50 charged), OCBC $10 fees on SPDR+REITS (1000 invested, $10 charged)

  • DBS lower fees but doesn’t have REITS and SPDR. So I want to have both DBS and OCBC so I can save money.

Discussion (4)

What are your thoughts?

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Gabriel Tham

30 Oct 2019

Tag Team Member at Kenichi Tag Team

For such high fees RSS, I would advise you to just stick to one.

View 2 replies

Kelly Trinh

30 Oct 2019

Backoffice technical at financial services firm

Unless you have a strong interest in trying out products/capabilities of different banks then I'd say stick with one.

(of course, nothing wrong with trying out different providers - I do it all the time, just be mindful of time cost of doing so)

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