facebookI am currently an undergrad and I just started investing in unit trusts through RSP of $200/month. Is this a good starting point for my investment? - Seedly

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I am currently an undergrad and I just started investing in unit trusts through RSP of $200/month. Is this a good starting point for my investment?

Discussion (1)

What are your thoughts?

Yeap Ming Feng

Yeap Ming Feng

29 Oct 2020

Head of Marketing at Seedly

Hey!

For a start, good job on starting your investment journey early!

For new investors, dollar cost averaging investment strategy works and you do not need to worry much about your entry and exit.

The risk of this investment lies a lot on the unit trust which you are investing in.

What is the portfolio of assets which your unit trust is invested in? What risk is the portfolio of assets subjected to?​​​

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