New to investing. Am I doing things right? Or moving the "right" way? Advise please!

Perhaps you could save up a larger amount before investing, as the cost of paying brokerage fees may erode your gains if you invest too little.

I use Phillips Capital as my broker - my undeployed cash earns interest via their Money Market Fund. Although not a lot, but its better than keeping it in the bank.

You can also consider Roboadvisors, they are more friendly to those who invest in smaller amounts - interms of fees.

Hi Sean,

Wow, good job for starting to invest during NS! This will definitely give you a good headstart in your finances.

Personally, I'd hold off on investing in those SG ETFs. The reason being with $300/month, if you spread it over so many ETFs, the amount of fresh funds you're putting into each ETF is going to be extremely small. If you wish to DCA via RSPs for those SG ETFs, you're going to incur fees that will add up and eat into your returns.

Also, you already have some exposure to SG in your REIT+ portfolio. By adding even more SG ETFs to your overall portfolio, you're going to overweight your portfolio with SG ETFs, which isn't really what you want unless you're extremely bullish on SG's market.

So I think it'd be wise to just stick with your Syfe portfolios for now. I don't know your breakdown between Equity100 and REIT+, but I'd go for something like 80-20 and prioritise funds in Equity100 over REIT+ in order to capture more growth.

Hope this helps & all the best!

Regards,

thefrugalstudent