Advertisement

Anonymous

17 Nov 2020

∙

What will happen if I already started robo but not planning to continue to DCA? Should I withdraw or is alright to leave it there?

I have invested 1k in Syfe Equity100, but have not DCA for few months. If I decided to stop DCA and have no plan for that 1k for the moment, should I leave it there first or is it better to just withdraw? And the value shown is it in SGD so I will get the amount that I see on screen?

2

Discussion (2)

What are your thoughts?

Learn how to style your text

Syfe

17 Nov 2020

Your funds will continue to stay invested even you do not continue to DCA. If your options are leaving the $1K in the bank and leaving the $1K in Equity100, you'll likely get more growth potential with Syfe.

For withdrawal queries, do check out our resource centre: https://help.syfe.com/hc/en-us/sections/3600099...

Reply

Save

Jiayee

13 Nov 2020

Salaryman at some company

You can leave it there. Hopefully, it won't be forgotten. It's also ok to withdraw if you can put it to better use. But note that the volatility nowadays can cause a gap in prices (trade isn't instant for robos).

As for withdrawal amounts, the values are in SGD.

Reply

Save

Write your thoughts

Related Posts

I started my investment journey recently by DCA into STI ETF. I’m seeing positive returns in my account as the index is currently on the rise. Should I continue or withdraw to put the money into Robo?

Invest using robo when first started robo last year. Now I'm shifting towards DIY, should I withdraw my robo or just leave it?

I have invested in robo Advisors recently, right before the recent downward trend. I plan to do DCA, do you think I should continue with DCA?

I’m in my 20s, still studying, are there any value-adding part-time jobs in the banking sector? I've already started investing on STI ETF, and I'm looking into robo-advisors next. Should I enter in lump-sum or DCA? How should I take my next step?

I am a beginner planning to invest a starting amount of 2k instead of leaving it in a bank account, I am also able to set aside about $100 every month. My question is go for STI ETF or Robo-Advisor?

Related Products

Syfe

4.6

935 Reviews

Syfe

ETFs, Equities, Bonds, REITs, Gold

INSTRUMENTS

0.4% to 0.65%

ANNUAL MANAGEMENT FEE

None

MINIMUM INVESTMENT

N/A

EXPECTED ANNUAL RETURN

Web and Mobile App

PLATFORMS

StashAway

4.7

1297 Reviews

Endowus

4.7

657 Reviews

Related Posts

I started my investment journey recently by DCA into STI ETF. I’m seeing positive returns in my account as the index is currently on the rise. Should I continue or withdraw to put the money into Robo?

Invest using robo when first started robo last year. Now I'm shifting towards DIY, should I withdraw my robo or just leave it?

I have invested in robo Advisors recently, right before the recent downward trend. I plan to do DCA, do you think I should continue with DCA?

I’m in my 20s, still studying, are there any value-adding part-time jobs in the banking sector? I've already started investing on STI ETF, and I'm looking into robo-advisors next. Should I enter in lump-sum or DCA? How should I take my next step?

I am a beginner planning to invest a starting amount of 2k instead of leaving it in a bank account, I am also able to set aside about $100 every month. My question is go for STI ETF or Robo-Advisor?

Advertisement