14 Apr 2021
How can I DCA into SYFE? Do I have to transfer $ in every month? Can I transfer a lump sum and put it in the SYFE acc?
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For DCA into any roboadvisors, it is recommended to setup a recurring monthly bank transfer to the designated portfolio account.
Easier to consider that any transfer to a roboadvisor is an instruction to them to invest that particular amount immediately.
Alternatively, if you want to do a lump sum transfer in Syfe, you could set up a CASH+ account in Syfe and transfer the lump sum to that account. Then from that CASH+ account, do a recurring transfer to the CORE account monthly.
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