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Anonymous

16 Jul 2019

Robo-Advisors

Is it advisable to use robo-advisors for investments for a regular investment amount of $200? ?

Hi, I’m 29 years old and single. I have have read many recommendations and I bought SSB of a lump sum 5k in June. However I am looking into a more regular investment tool. Probably something of a higher risk. Looking at setting aside 200 per month. Where should I park it to? I’m looking at stashaway. Is that advisable? Thanks folks!

Discussion (1)

What are your thoughts?

Hariz Arthur Maloy

Hariz Arthur Maloy

16 Jul 2019

Independent Financial Advisor at Promiseland Independent

You can invest in a Regular Savings Plan through fund platforms or banks, or a Global Portfolio via Financial Advisors either digitally through Robos (like Stashaway) or traditionally via Independent FAs like myself. :)

I recommend investing with a strategy in mind, and with an understanding of asset allocation that will adapt throughout your investment journey, do remember to rebalance your holdings as well to maintain your risk exposure.

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