facebookInvested in syfe recently but recently stocks has been dipping and dipping even lower. Now on -4% returns, do I still continue to average it out but how? Just a normal average working adult - Seedly

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Anonymous

13 May 2021

βˆ™

Robo-Advisors

Invested in syfe recently but recently stocks has been dipping and dipping even lower. Now on -4% returns, do I still continue to average it out but how? Just a normal average working adult

Should I continue to DCA into Syfe?

Discussion (4)

What are your thoughts?

Ignore price movement. Just DCA.

4% is nothing.

Hi Anon,

I agree that you should continue buying the dip like what Chris said in order to average your cost out. But during times like these, you'll notice that there are certain stocks that are dropping way more than most other stocks. Hence, to capitalise on a dip like this, you can also consider buying individual stocks as opposed to investing more in Syfe because when you buy through robos, you're essentially buying a basket of many stocks, some of which may not be 'dipping' as much as others. Of course, DIY investing would imply greater risk, so you should only invest what you're comfortable with :)

Cheers!

Tan Choong Hwee

Tan Choong Hwee

13 May 2021

Investor/Trader at Home

Stock market goes up and down, but will go up in the long run. So just continue to DCA a fixed amoun...

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