Anonymous

21 Jul 2020

∙

General Investing

I have $500 budget for DCA. How should I allocate given I have a long time horizon (only 27yo now) and high-risk appetite?

3

Discussion (3)

What are your thoughts?

Learn how to style your text

Tan Wei Ming

20 Jul 2020

Founder and Writer at Frugal Youth Invests

I hope that every month you have $500 for DCA. You can start off with either robo advisors or ETF RSP.

The key thing is to ensure that the portfolio coverage does not overlap with each other so that you are not paying two times for the same coverage.

Reply

Save

View 2 replies

Write your thoughts

Related Posts

20 year time horizon Insurance company endowment plan VS 20 year time horizon RSS DCA ETF, which is better? Which one has higher returns in the long run?

Am a 20M going into University. Have a slightly higher risk appetite. Have $500 in StashAway and a few stocks in my portfolio. Should I take out my $500 and DCA into Syfe equity100?

I’m thinking of starting to invest $1.5k in STI ETF and $500 in S&P next month onwards using DCA. Is it wise considering that it’s bearish for STI ETF and yet all time high for S&P ?

Given that the fees are actually high relative to a broad index fund ETF. In a general bull market where it may be better to do 2-3x lump-sum rather than DCA, and I am clear about my risk profile, what other benefits can I get out of Endowus?

Where should I put 10k right now? I do not have the time to monitor stocks and it's too high-risk for me so that's a no-go. Preferably a place where my capital will not decrease. I recently saw SSB and wonder if that's the best place right now?

Related Products

Moomoo Singapore

4.7

476 Reviews

From $0

MINIMUM FEE

0.03%

TRADING FEES

Custodian

STOCK HOLDING TYPE

Saxo Markets

4.5

956 Reviews

Syfe Trade

4.9

124 Reviews

Related Posts

20 year time horizon Insurance company endowment plan VS 20 year time horizon RSS DCA ETF, which is better? Which one has higher returns in the long run?

Am a 20M going into University. Have a slightly higher risk appetite. Have $500 in StashAway and a few stocks in my portfolio. Should I take out my $500 and DCA into Syfe equity100?

I’m thinking of starting to invest $1.5k in STI ETF and $500 in S&P next month onwards using DCA. Is it wise considering that it’s bearish for STI ETF and yet all time high for S&P ?

Given that the fees are actually high relative to a broad index fund ETF. In a general bull market where it may be better to do 2-3x lump-sum rather than DCA, and I am clear about my risk profile, what other benefits can I get out of Endowus?

Where should I put 10k right now? I do not have the time to monitor stocks and it's too high-risk for me so that's a no-go. Preferably a place where my capital will not decrease. I recently saw SSB and wonder if that's the best place right now?