facebookHi I’m a fresh graduate that has just started working. Has just made a lump sum investment on NIKKO STI ETF ($7k) at $2.6 per share and going to DCA at $300 monthly. Anyone has advice on Nikko AM STI ETF Investing Strategy? - Seedly

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Anonymous

26 Jun 2021

General Investing

Hi I’m a fresh graduate that has just started working. Has just made a lump sum investment on NIKKO STI ETF ($7k) at $2.6 per share and going to DCA at $300 monthly. Anyone has advice on Nikko AM STI ETF Investing Strategy?

Assuming I’m risk adverse, is this strategy better than short term endowment plans (at 2%) or high interest savings account. P.S. I’m using DBS vickers as well as DBS Regular Savings Plan

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Discussion (8)

What are your thoughts?

Hello, the STI ETF is definitely a good place to start if this is your first foray into investing. Your strategy of $300 monthly DCA through the DBS InvestSaver might not be the most cost effective in terms of fees but that is subject to personal preference as well.

As the STI ETF only consists shares of 30 companies locally and is heavily weighted towards Financials and Telecoms (not much room for growth), you may want to consider deploying your $300 DCA into global equities instead which can be easily accessed through Roboadvisors like Stashaway, Syfe, etc. at low costs as well.

Hope this helps!

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STI is an inferior investment as to capital appreciation.

what else to avoid, here:

https://seedly.sg/questions/what-is-your-genera...

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V

Victor

26 Jun 2021

Level 8·Financial Service Consultant at AIA

DCA is a viable strate...

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