Should I diversify further by investing in DBS Digiportfolio (Global) if I am already DCA-ing in Stashaway (36%)?

Diversification doesn't mean keep investing in more and more investment products, but rather you should look at your overall investment divided into different time buckets and see whether you have a portfolio that suit the needs of each individual bucket. Within each bucket, see if it has sufficient diversification. Don't need to go overboard with overdiversification (which Peter Lynch called diworsification).

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Your existing portfolio are quite diversified already:

• Syfe REIT+ is targeting for SG REIT exposure, where primary objective can be steady stream of dividends, or reinvest dividends for growth.
• StashAway SRI12% and SRI36% consists of global equity, bond and gold in their portfolio, the former more conversative with higher bond allocation, and the latter aggressive mostly equity.
• MoneyOwl WiseIncome could be a 3-phase retirement portfolio, where it goes thru wealth accumulation, preservation and decumulation phases.

What is your reason for DBS Global Digiportfolio? Both StashAway and MoneyOwl portfolios already have global exposure. Not sure how much value add is the DBS portfolio.

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Disclaimer: I'm not a Financial Adviser. What I shared here is just my personal opinion. Please do your own due diligence or consult a qualified FA for investment advice.

Hi Willard,

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By doing so, you will incur multiple layers of costs across various platforms which are essentially investing into similar underlying investments, albeit slight differences in actual asset allocation and investment objectives.

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Perhaps the better way for you would be to consider, based on your current financial situation in relation to your goals, which platform (of those you are already invested with) offer the investments which will have the highest probability of helping you reach your goals.

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We need to be wise in allocating our limited income resource into investments. You need not diversify for the sake of diversifying, if the fund itself is already globally diversified (as in the case of the Fullerton MoneyOwl WiseIncome fund).