Anonymous

28 Jun 2021

∙

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! :)

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Frankie Rappaport

28 Jun 2021

Consider ETF ticker: ISAC (alternative: ACWI)

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Zack

28 Jun 2021

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

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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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