facebookNewcomer currently dcaing $100 to dbs invest saver and syfe equity100 for the long term, is it ok for a lazy investor with little knowledge? - Seedly

Anonymous

28 Jun 2021

Robo-Advisors

Newcomer currently dcaing $100 to dbs invest saver and syfe equity100 for the long term, is it ok for a lazy investor with little knowledge?

$100 to dbs invest saver and syfe equity100 for the long term

Discussion (5)

What are your thoughts?

Learn how to style your text

Agree with what TFS has said! If you're curious to find out more about the different Syfe portfolios and how you may use them, do check out our review: https://the-frugal-fox.com/2021/06/27/how-to-ch...

thefrugalstudent

18 Jun 2021

Founder at thefrugalstudent.com

Hi Anon,

If you really have no interest in learning more about investments, I guess it's fine. Just make sure that you at least understand how and why investing works, things to avoid (ie selling during a crash), and etc so that you can protect yourself when shit hits the fan.

Personally, though, I'd just stick with Syfe and forgo DBS. Not only does Syfe have lower fees, but the portfolio itself is superior to what you're investing in with DBS (STI ETF). If investing in SG gives you comfort, you can consider Syfe's REIT+ portfolio instead. If you're investing with DBS for the extra interest rate on Multiplier, note that this only lasts for 12 months, so you can consider stopping your investments with them after that is over.

Hope this helps & all the best!

Regards,

thefrugalstudent

What ETFs are you selecting for DBS InvestSaver?...

Write your thoughts