facebookI’ve just started working and with that I also started learning how to invest. Currently, my plan is to RSP $100 into STI ETF, Stashaway and Syfe per month. Would that be a good starting point? - Seedly

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Anonymous

26 Jun 2021

General Investing

I’ve just started working and with that I also started learning how to invest. Currently, my plan is to RSP $100 into STI ETF, Stashaway and Syfe per month. Would that be a good starting point?

When I save up more, I am also planning to DCA $5000 a year into foreign ETFs (such as IWDA and VUSD) using Saxo. Would that be a good
plan for the future? I would also appreciate any advice for a newbie investor, thank you!!!!

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Victor

26 Jun 2021

Financial Service Consultant at AIA

I wouldnt recomment Saxo for foreign ETFs due to the higher fees. Instead look into using SCB or IB, the fees are lower. IB is better if you're planning to do monthly DCA, if not SCB for more infrequent DCA (i.e. quarterly/yearly etc.)

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