Advertisement
Anonymous
Supposedly after calculating (setting aside emergency funds, school fees etc.), I have around $50000 spare.
Would it be wise to lump-sum purchase CSPX with this amount? I'm planing to buy and hold long-term.
I have a DBS Vickers account and read that S&P500 would be a good long-term investment and STI is "horrible".
Need advices. What would you do with this amount?
1
Discussion (1)
Related Articles
Related Posts
Related Products
2.8
88 Reviews
$25
MINIMUM FEE
0.18% to 0.28%
TRADING FEES
CDP
STOCK HOLDING TYPE
Related Posts
Advertisement
Yeap if you have no time/interest in looking at stocks, just DCA constantly into S&P. MIght have/not have a crash in the future but at least you could get more value for your money by investing during those periods with the excess cash on hand. Returns around 6 to 10%, not the best for hungry investors but still better than most 'safe' financial products.