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Anonymous
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Nobody knows where the market is going, that's why a DCA strategy is good because it gives you a plan to buy consistently regardless of whether the market is up or down. Personally, I would overweight more on the global indexes rather than STI ETF.
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If you are doing dca, you should not time the market as you will be consistently buying every month and in the long term, it will average out.
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Diversification seems a good thing,
look what happened the last 10 years with STI versus S&P500 (chart)
more on my thinking
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Jonathan Chia Guangrong
25 Jan 2019
Level 12·Cybersecurity Trainee at Bank in blue
How do you intend to buy into the S&P through a DCA method? I'll assume you are referring the S27 SGX counter? There is no automatic way of buying into S27 and the minimum share lot is 10, which works out to be US$2650~ per transaction based on today's prices.
If you are buying to SPY, you are looking at perhaps 1 share a month based on your $500 contribution. Which doesn't make sense, as the brokerage fees will be quite high.
Unless you are thinking of buying into the Infinity S&P500 fund issued by LionGlobal, in which case I'll suggest you stay far away. The fees are rather high which will eat a big chunk of your paper gains over time.
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Jason Sing
24 Sep 2018
Level 10·School Of Hard Knocks And Life at School Of Hard Knocks And Life
Since you are using DCA, it does not really matters. However, if you are using lump sum, it makes a ...
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