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Anonymous
StashAway recommends 3-5 years before deciding. But if I were to not look at it and just invest religiously and DCA every week, when would be a good time to "reap the benefit"?
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Hello! As we can see from the whole COVID-19 situation, economy and the markets right now, we can tell that sometimes the stock market is very unpredictable.
If I'm not wrong, robo-advisors like Stashaway would ask for your preference in terms of your investment horizon. I suggest you stick to what you've chosen initially, as they would be able to advise your investment risk based on the time horizon you've chosen.
It's really difficult to give an 'ideal length' to it since we wouldn't know how the market would be like 3 years from now, or 5 years.
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You can withdraw when you have met your investment objective.
If the goal at the start was $40,000 ...
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Try not to cash out if you have the holding power to keep your investment holdings intact. The market always recovers. Diligently carry out dollar cost averaging even when the markets are dipped as it is a good time to accumulate more stocks for future growth.