Anonymous
Should I invest in REITS using Maybank KE RSP or open a brokerage account? Looking to invest only a small sum of $100 per month.?
Hi! I read several articles and forums and I'm still confused at my best possible choice. I'm a fresh grad and if I'm only looking at making a small investment into REITS, would investing via RSP each month incur too much commission fees? Or should I stay out of the market, until I have perhaps a larger sum of $1000-$5000, then open a brokerage account?
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Jonathan Chia Guangrong
18 Nov 2018
SOC at Local FI
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Nicholes Wong
18 Nov 2018
Diploma in Business Management at Nanyang Polytechnic
$100 every month best will be Regular Savings plan already.
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Prices of most REITs in SGX are $100 per lot which you will you not be able to afford with just $100...
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I'm personally using Maybank KE as well to buy into a reit every month to build my income floor and it's a great way to get exposure to your desired reit every month. This is especially when you have a low amount to invest on a monthly basis. Maybank ke also has a wide range of other counters if you want to change into something else along the way