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Anonymous

04 Aug 2020

General Investing

For someone who doesn’t have time to manage investments due to work, what are the ways to invest passively without having to monitor?

I work in cybersec, thus why the time I have is quite tight. I’ve been looking at Robo advisors but unsure which provide the best returns in a 9-10 years period of time. I’m also open to other ways to invest, but the fee structure and the terminologies used have always been quite confusing to me. Would anybody be able to advice? Thanks! Also, I’m intending to place a lump sum followed by doing DCA monthly, if that helps

9

      Discussion (9)

      What are your thoughts?

      Hi Anon,

      For passive investing, my advice is as follow
      1. Regular Savings Plan, if you do not have sufficient knowledge and confidence to start picking individual stocks yet, start with RSP, it will not go wrong. I'd suggest go with FSMOne RSP as they have the lowest fee and provide the most options. You can DCA a couple hundreds into each of them every month - iShares FTSE A50 China Index ETF, Vanguard FTSE Emerging Markets ETF, iShares Core S&P 500 ETF, Fidelity® MSCI Information Tech ETF (note: these are my choice, you can choose other ETFs that you personally like)

      1. Robo-advisors. They are pretty solid option as well, you just have to answer some questions and they will provide you with a customized portfolio that cater to your goals and risk tolerance. Choose whatever risk level you are comfortable with. If you want to maximize growth, choose a portfolio that has the highest risk-reward. You can invest a lump sum or just DCA every month. Some options are StashAway, Syfe, Endowus, Digiportfolio, Kristal, etc. Personally, I would go for StashAway for general investment and Syfe for their newly launched REIT portfolio.

      -Money, and financial freedom, is a skill-

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          Samuel Wong

          Samuel Wong

          30 May 2020

          Level 5·Banking & Finance at Singapore Polytechnic

          FSMOne has a Regular Savings Plan (RSP) option where you can invest a minimum of S$50 every month in assets such as S&P 500, STI, and many other ETFs. The fees are also relatively low. US$1 if you’re investing in the S&P 500

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              Heng Kai Le

              Heng Kai Le

              30 May 2020

              Level 10·Blogger at diaperfinancingfund.blogspot.com

              I actually think that topping up to your Full Retirement Sum in your SA account is a worthwhile goal...

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