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Anonymous

28 Jun 2021

Retirement

Dollar cost averaging approach for long term (20 years). DIY or Regular savings plan (Poems Share builders)?

Hi, I am planning for retirement and target to save for long term (~ 20 years). Want to invest in dividend paying stocks (e.g. Reits, ETF). Risk appetite on the lower side. Intend to invest 3k / month for the DCA and hoping for ~4% returns.

I am deliberating between using Tiger brokers to DIY (lower cost) vs using POEMS Share builders. The later would be hassle free, with dividends auto invested back into the stocks. However I read the running cost is high (10 dollar per counter, 3 counter).

Would it be better to use Tiger Brokers vs POEMS? appreciate any kind advice! :)

Discussion (7)

What are your thoughts?

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Consider ETF ticker: ISAC (alternative: ACWI)

Anything that incur lesser fees in the long run. So, DIY it is.

Sharon

28 Jun 2021

Life Alchemist at School of Hard Knocks

Hmm...Actually, since you've even considered POEMS Share Builders Plan (SBP) for cash investment, ha...

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