facebookIs it true that it is not wise to invest in US stock now as the US stock is going up trend? Should I continue DCA with Syfe Equity 100 now? - Seedly

YewFong Chua

Security Engineer at Fujitsu Asia Pte Ltd

21 Dec 2020

Robo-Advisors

Is it true that it is not wise to invest in US stock now as the US stock is going up trend? Should I continue DCA with Syfe Equity 100 now?

Is it wise to continue to DCA with Syfe Equity 100 now?

Discussion (2)

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Syfe

21 Dec 2020

Hi YewFong, at Syfe we believe that time in the market is more important than timing the market. To build wealth over the long term, regular investing is a good place to start for most people.

Furthermore, waiting for the market to correct again results in missed opportunities. The great investor Peter Lynch may have said it best: “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.”

For more insights into this topic, do check out our article here:

https://www.syfe.com/magazine/global-stocks-ral...

Hope this helps!

Just sharing how i put $$$ into US stock. (Not a recomendation):

Normally, i dont DCA monthly to US, i will lump sum into US stock when there is a small/major correction. Because i feel it is inefficient to DCA a very bull market.
However, each lump sum is equivalent to 2-3years of $$$, some may not be comfortable doing that especially when market is falling.

But SG stock is different. I do DCA, becoz is so slow & boring that it doesnt matter when you buy.

Of course, some may disagree, "you should not time market", " you should continue DCA regardless"...... you need to decide how u want to put your $$$ in. It is also a strategy.

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