09 Jun 2020
I'm currently starting passive investing and have about 720 a month to do DCA. How do I spread out my DCA into the respective RSPs and Roboadvisors?
I have 300/month into DBS RSP Nikko AM STI ETF for about 6 months. I recently started a Stashaway account and am pumping in 150 each into a 36% and 22% risk portfolio. Thinking of reducing my nikko and putting in the rest into global etfs on FSMOne. I am young so my risk appetite is quite high. Just not sure how to proportion everything?
Hi, with $720/mth, i'd say keep up with the $150/mth into your Stashaway 36% & 22% portfolios respectively. With the remaining $400, invest in SG Reits for dividend gains, as i think the Stashaway portfolios are good enough for income growth. Since you do not have much capital to invest each month, i'd try not to diversify too much, as to take note of management fees and other costs.
I'd say forgo the sti etf because it has fell too much and i do not see it going back up to its price in Feb2020. Of course, that. is up to. your own investment belief. Also, some companies that are in the STI, such as SIA, SATS, Genting Sing, all these significantly affected by covid, ask if u believe it will increase back to its Feb value price? If not, REITs will be your safe bet. You can try Syfe REIT+ for reits dca.
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