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I want to invest a lump sum investment of 50k then subsequently monthly DCA contribution of 500/1k into an S&P 500 ETF that can have 10% returns. This is for long term.
Which Platform and ETF should I pick? Should I go with Endowus Lion global infinity us 500?
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I would recommend you to explore the crypto space. 2 projects I recommend are yieldnodes (about 8% a month) and anchor protocol (about 20% a yeaar). Check out my videos for more info : https://www.youtube.com/channel/UC4ibmRu7NCroB_...
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Daniel Chua
22 Apr 2022
Digital Audio Visual Production (Nitec) at ITE
Try Anchor and with the weekly income DCA it into some stocks ETF and some or some stable cryptos like BTC and ETH.
You can try FSMone their support was super good and helpful but fees are pretty high.
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If you want to have experience with cryptocurrencies, you can consider investing with Anchor protocol that will give you about 20% per year. Check out my video on Anchor Protocol: (https://www.youtube.com/watch?v=oyRIGrxO61c). If you want to try something with higher yields of about 8% a month, can consider yieldnodes. Check out my video on Yieldnodes: (https://www.youtube.com/watch?v=Jim5AUBagIU).
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Robin
22 Apr 2022
Administrator at SG
Platform: Interactive brokers
ETF: CSPX (Irish domiciled S&P500 with dividend withholding tax 15% i...
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Stay far far away from the stock market now if you have that kind of money. If you have just 8k to invest,, i would advise you start your investment journey now. you will lose 50 percent of it during your probation and likely less after a few years. by then when the learning curve is done, you will be moving in the big money at the right time