facebookHELP!? Lately, I started OCBC Robo, POEMS DCA, FSMONE managed Portfolio and some ILP investment. I not sure if I'm doing it right? - Seedly

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Anonymous

17 Dec 2020

โˆ™

General Investing

HELP!? Lately, I started OCBC Robo, POEMS DCA, FSMONE managed Portfolio and some ILP investment. I not sure if I'm doing it right?

Am I doing it right?

Discussion (6)

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Jiayee

17 Dec 2020

Salaryman at some company

  1. Nuke the ILP.

  2. You may want to compare fees across platforms.

  3. If DCA-ing, check if there are any min fees eating into your DCA amount.

View 1 replies

No don't do it, avoid ILPs at all cost. Super high fees and many layers of fees within. Everyone in the pipeline gets a cut from you, and you are the goat at the bottom getting slaughtered by fees. Fees are critical as it reduces your returns significantly

View 1 replies

OPINON:

Wow, lot of thing going on:

ILP defintely wrong. As discussed in the forum, many time. It ...

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