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

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          Anonymous

          28 Jun 2021

          โˆ™

          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

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              Discussion (5)

              What are your thoughts?

              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...

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                  thefrugalstudent

                  thefrugalstudent

                  18 Jun 2021

                  Level 13ยทFounder 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

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

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