facebookIf I am already invested in Stashaway, should I try out FSMone too? What RSP is good on FSMone for diversification? - Seedly

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Anonymous

20 Jul 2020

General Investing

If I am already invested in Stashaway, should I try out FSMone too? What RSP is good on FSMone for diversification?

Discussion (2)

What are your thoughts?

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Tan Wei Ming

20 Jul 2020

Founder and Writer at Frugal Youth Invests

I always believe in not exposing yourself in overlapping sector. If Stashaway already covers this particular geographic location then it won't be wise to replicate it again.

Gideon Ng

20 Jul 2020

Blogger at FI Pharmacist

Hi Anon,

StashAway gives you access to a basket of ETFs, while for FSMOne, you will be investing in a single ETF. So it really depends on what kind of investment strategy you would like to have.

If you would like the broadest of diversifications for your ETF, I would recommend investing in the Vanguard Total World Stock ETF.

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