facebookI have a $10K budget. Looking to start my investment journey on VWRA on DBS Vickers as a core investment portfolio. Should I use $10K as a lumpsum or DCA quarterly/monthly? - Seedly

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Anonymous

27 Jul 2020

General Investing

I have a $10K budget. Looking to start my investment journey on VWRA on DBS Vickers as a core investment portfolio. Should I use $10K as a lumpsum or DCA quarterly/monthly?

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Never lump sum, always DCA. Also, don't get ripped off by local brokers like DBS Vickers with their ridiculously high commissions as well as fees that really shouldn't exist anymore today (like custody fee for instance) when buying overseas stocks/ETFs. There are much better ones, like Interactive Brokers for example.

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