Which is better for weekly DCA StashAway 36% or Syfe Equity100?

Hi, if i would like to focus on just one, any recommendations? And for weekly DCA, any best day to deposit the funds into the robo to process? Like to avoid monday (market just open) or friday (market close for the weekends) ?

Syfe StashAway

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Zac

28 Feb 2021

Noob at Idiots Invest

It really depends what you're looking for.

StashAway invests your money in a diversified portfolio of equities, commodities and bonds (I think the 36% SRI portfolio doesn't have bonds). This would be good as a total wealth management solution. Maybe you trade off some potential returns for portfolio stability.

Syfe Equity100 invests in a diversified portfolio of equities with tilt towards US. This portfolio is great for growth but if you want exposure to commodities or bonds for diversification, you'll just have to find it elsewhere.

For DCA, regardless of weekly or monthly, there's no real best day to deposit the funds. Just choose a day and start.

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Chris

27 Feb 2021

Owner and Writer at Tortoisemoney.com

Since both are effectively 100% equity portfolios, I would likely choose Syfe because Syfe has lower fees (0.4% vs Stashaway's 0.8%).

Regarding best day to DCA, well, probably hard to say since the funds probably take time to process within the Robo so I don't think there's a way to determine it. Besides, the whole point of DCA is to avoid timing so yeah hahaha just do it when you're comfortable maybe friday night or right after payday.

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