facebookWhich is better: DIY invest @ S$100 /month in each of 4 ETF RSP by Nikko-Am (STI , ABF, REIT, Corp. Bond) for a year on DBS invest saver OR digiportfolio Asia for $4000 at once, if I can afford both? - Seedly

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K

KB

10 Aug 2020

General Investing

Which is better: DIY invest @ S$100 /month in each of 4 ETF RSP by Nikko-Am (STI , ABF, REIT, Corp. Bond) for a year on DBS invest saver OR digiportfolio Asia for $4000 at once, if I can afford both?

I already have some funds in T-bills and SSB. With savings of S$1000 /month, I am planning to invest in equity ETF but confused whether to go for RSP or lump some. I am also willing to go for the Global digiportfolio to diversify but it doesn't allow beginners to do that. In case I go with RSP, how else to invest the S$5000.

0.85% fee for RSP ETFs and 0.75% annual fee for digiportfolio.

First investment. Moderate risk profile. 30 year old. Mostly invest for long term (5-8 yrs).

Discussion (12)

What are your thoughts?

Have you considered other robo-advisors? Many offer far more diversified portfolios than the 2 options you've listed here

It is best to invest in a lump as it will give higher returns then dca most of the time. Also, it will be good for you to invest in global equity as it can give higher returns.

Joe Lee

Joe Lee

24 Feb 2020

Adventurer at Game of Life

I will say lump some investing 8/10 times because money invested will almost always bring you better results.

If you are worried about entry price , maybe you can DCA every quarter instead of every month

Compared to digiPortfolio which only has 2 portfolios to invest in, I rather choose the OCBC Roboinvest which gives you 20-30 portfolios to choose from. I've invested for 2 weeks and I'm up 3%. I'm monitoring the situation to see if it's because of the market rally or FX before putting in more money.

DBS's digiPortfolio only has 2 portfolios, one local one US. The latter requires you to have a multi-currency account which is quite troublesome. For OCBC Roboinvest they cover US, HK, AUS and others.

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Lump sum is better and gives higher returns 2/3 of the time. This article by vanguard explains some ...

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