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Anonymous
I have 6k extra in hand. Would like to invest in the autowealth robo-advidor. What's the best way to go about doing this?
In current economic environment for coming one year, should i invest once for the lump sum or invest 6k per month?
Thank you in advance.
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Benedict Lau
22 Aug 2020
Student Ambassador 20/21 at Seedly
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Shania Loh
20 Aug 2020
Seedly Student Ambassador 2020/21 at Seedly
Hi Anon! It would be best to invest 6k per month as you leverage on the advantages of DCA. If you would like to find out more aout AutoWealth's strategies and if you have any pressing investment concerns, do consider arranging for a digital consultation with a wealth manager at AutoWealth to help you get started! This appointment is completely free, just check out their website. Investments would require an informed decision hence it's best to seek help from professionals too whenever possible. Good luck!
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If you are worry about current situation, best is to go for DCA.
By doing DCA, you have better pea...
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Hello!
If you are investing with Autowealth, chances are that you would be investing into US markets. That said, the covid situation there is still very unstable and the upcoming US elections will affect the market to a large extent depending on who wins it. Hence, it would be best to DCA it. If you would prefer something less volatile, you could look at Singapore funds instead such as the STI ETF.