facebookEndowus / Tiger Broker / OCBC BCIP - Seedly
Seedly logo
Seedly logo
 

Advertisement

Anonymous

11d ago

Endowus / Tiger Broker / OCBC BCIP

Hello! I’m 25 years old and just started the path to investment. I currently have the following and would like to find if I’m on the right track:
1. Endowus - cash investment. 21% risk tolerance. Monthly contribution of $100.
2. Tiger Broker - has 7 holdings. Capital of 900 USD and risk contribution is general.
3. OCBC BCIP - Nikko Singapore ETF (G3B). Monthly contribution of $200.
$300 sits well to my 10% contribution from my salary. Does anyone have suggestion to improve the above? Thanks!

26

    Discussion (26)

    What are your thoughts?

    Strongly recommend to NOT DCA into STI ETF. What is your logic in DCA into it? For growth or for dividend? We all know how cui STI growth is. For dividend, might as well go directly with the STI component counter themselves. You have better return DCA into the 3 big banks and REITs.

    If I were you, I would DCA into S&P500 ETF like SPY. It pays out insignifant amount of dividend, with 30% WHT somemore, but inside the basket got so many world changing companies. The potential for growth is just unlimited. STI ETF really makes no sense from many standpoint.

    And at your age, unless you are blessed with a huge capital, dividend investing is not likely to do much to your portfolio. You should capitalize on the time you have on your hand and maximize growth.

    Reply

    Save

    Share

      Contrary to what other have mentioned, I think the STI ETF is a good starting point with no fx risk and has home base advantage. Once you are comfortable with it, you can start looking elsewhere or even picking out some of the better stocks within the STI ETF.

      Due to your young age, you can afford to allocate more to equities and little or none to bonds. Alternatively you can treat CPF as bonds but the downside is that you will not be able to touch the money until retirement or for its eligible purposes (e.g. housing, medical).

      Reply

      Save

      Share

        View 1 replies

        First, I would not buy G3B monthly for your age, STI is mainly focus on bank sector. Slower grow hig...

        Read 24 other comments with a Seedly account

        You will also enjoy exclusive benefits and get access to members only features.

        Continue with Facebook
        Sign in with Apple

        Sign up or login with an email here

        Write your thoughts

        Related Products

        Endowus

        Endowus

        Verified Account

        4.8

        505 Reviews

        Endowus Cash Investments Portfolio

        Equities, Bonds

        INSTRUMENTS

        0.25% to 0.60%

        ANNUAL MANAGEMENT FEE

        $1,000

        MINIMUM INVESTMENT

        N/A

        EXPECTED ANNUAL RETURN

        Web and Mobile App

        PLATFORMS

        [PROMO] Get S$20 off access fees. Valid till 31 Dec 2021. T&Cs apply. Learn more below.

        Tiger Brokers

        Tiger Brokers

        Verified Account

        4.1

        110 Reviews

        StashAway

        StashAway

        Verified Account

        4.8

        1185 Reviews

        Advertisement