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Anonymous

11 Jul 2020

∙

General Investing

If I have only $400 budget and interested to invest on ETF RSP only, should i focus on one ETF only with 400 per month or four ETFs with 100 per month?

I'm concern of minimum $1 trading fee under $1250, will it be worth of deduct $1 for $100 deal? 4 etf mean deduct $4 per month on $400 RSP.

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Tan Wei Ming

11 Jul 2020

Founder and Writer at Frugal Youth Invests

Yes this is the cons of ETF RSP compared to robo advisor style.

I think you also need to look at the scope of the ETFs. I would aim for more diversification than to focus fire on specific sector if you are trying to save the transaction costs.

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I’m a 23 year old male and recently got interested in investing. However, I have only made one investment so far in POSB’s Nikko AM STI ETF at $100 a month. Any advice on the next step?

I’m graduating this year with $300 in STI ETF via RSP, and I’m interested to invest in S-REITs and global stocks ($1000 per month?). With my low investment capital, should I consider robo-advisors?

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?

What happen if i stop FSMone RSP? I plan to invest $2000 in an US ETF per month for 4 months. Total investment amt will be $8K then i will stop RSP. Is that allowed? Or must I consistently put in money every month?

Can anyone advice on which ETFs suitable for beginner DCA? I currently have ETF RSP on CQQQ at 100 USD per month. Are there anymore ETFs I can diversify?

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