29 Jan 2022
PS: Saw some comments that certain etf is not worth to dca if small amount.. am abit confused.
30 years old - will be holding long term
Thanks everyone for your contribution of ideas!
Specific approach: you need to work out 2 things, (1) how long you going to stay invest (2) how much you need to invest evey month.
Inorder, to do that you need to set goal, have a financial roadmap and budgeting. If you just need 5%p.a. returns to achieve your desired amount at a given time, dont take unnecessary risks. I always advocate manage your risks first before returns for long term compounding.
Then we have to think of how to construct our portfolio in such a way that no matter in what market condition, (market only got 3 direction up, down or stagnation), so we will still able to sleep & eat well, especially during retirement when we are dependent on our investment.
Write your thoughts