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