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Hi all,
My partner and I have been contributing the same amount into StashAway every month for the past few months but not too sure if it's the best use of our time and money.
I was thinking of buying VOO ETF, DCA all the way till our BTO is complete. Is this a wise choice? Also, how are the fees charged? I am using TD Ameritrade.
Do let me know if there are better options out there! Thanks all!
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Hi there,
Your investment returns are not guaranteed, even if it's over the Long term. While you can do a monthly allocation, you may want to be cautious on how much you allocate on your investment regime. Five years may be a relatively short time for a housing need that's is guaranteed so you may want to also try short-term endowments for guaranteed interests.
You may ask around your friends on the past performance of the S&P500 and robo since both of them work differently. One tracks the market index while the other is a algorithm-crafted portfolio So you can see which works Better for you
Financial planning is an integral part of life. You can reach me here to find out more.โโโ