facebookHow did you buy the S&P500? Did u buy all at one shot or DCA? - Seedly

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Anonymous

14 Jun 2020

General Investing

How did you buy the S&P500? Did u buy all at one shot or DCA?

SeedlyTV S2E08

Discussion (3)

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Loo Cheng Chuan

14 Jun 2020

Founder at 1M65 Movement

Textbook answer is time in the market is more important than timing the market. For me, I usually cut my pot of OA into 2: the first pot is for gradual buying where you do Dollar-cost averaging and the second pot is for buying during crashes. For example, during the recent COVID-19 crash in March and April, I placed a lot more money into S&P500. This is just my personal choice.

Elijah Lee

13 Jun 2020

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi Mark,

Currently the only way is to go through Endowus. CPF OA has placed restrictions on what yo...

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