Is DBS Digiportfolio a good place to begin my investment journey? Along with DBS Vickers to purchase select US company shares I prefer?

First time investor - here is my background:

Have upwards of 7-8 months of savings in my Multiplier account
Can save approx 6k every month - out of which I want to invest 3-4k (the rest will be transferred to family abroad)
With the remaining 3k I can save every month I was thinking of the following
a) 1.5k per month into DBS Digiportfolio Asia
b) 1.5K per month into select US stocks I plan to buy individually

Would this be a good strategy for a first timer? what should I look out for

DBS/POSB Multiplier Account

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Wilson Nid A Break

05 May 2020

Sounds good for an individual whom dont want to spend time monitoring the market, and is disciplined to commit to DCA long-term basis.

But if you want to buy US stocks, you had to define your investment objective, goals first

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Al

05 May 2020

A useful article on individual stock selection:

https://papers.ssrn.com/sol3/papers.cfm?abstrac...

TLDR Version: With over 60,000 firms and stock data, the best performing 811 firms (1.33% of total) accounted for all of the net global wealth creation. Meaning, your success rate as a professional, let alone a first timer would be 1.33% to choose the right stock for long-term success.

Article on moneysmart regarding DBS's platform:

https://blog.moneysmart.sg/invest/dbs-digiportf...

TLDR Version: Good start for beginners, they take out much of the thinking for you, with one of the lowest fees in the robo-advisory sector.

You can check your approximate life budget numbers here:

https://www.aaronleow.com/life-budget-calculator

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