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Leo

15 Nov 2020

∙

General Investing

Which is your preferred method to best maximised SRS given that it is considered a long term "investment" for retirement. Stock Picking vs DCA Investing vs Regular Savings? Why did you choose that?

Stock picking - Shares/REITs. Own skills, own time, troublesome and time consuming. Power of concentration, may beat market returns.
Savings - Bonds/Insurance. Low return, guaranteed, little hassle.
DCA - Unit Trust/ETF/Robos, automated.

FYI, let's take into account the time needs of a normal adult in SG. Balancing risk, rewards and time needs of an adult and the financial market. Meaning, for stock picking, the 5 mins/month strategy touted by "gurus" doesn't cut it because not realistic.

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Bang Hong

15 Nov 2020

Sustainable Spender Specialist at Spender Bang

SRS max amount is 15.3k for SGrean.

For the first 3 years,

Option A - I will stick to either 1 stock and delta go to Robo

Option B - Totally go to Robo, place to Cash Management funds and slowly DCA to from CM to investment.

For Option A, we can like buy 1 stock (~10-15k), whatever left still can go to Robo with as low as $100.

This is a typical setup for early years of SRS, for your consideration / discussion please.

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Jiayee

12 Nov 2020

Salaryman at some company

I have been DCA-ing into robos because I don't have a lump sum...

I'm also not sure what other platforms allow me to invest SRS monies besides robos and UTs...

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1M45

12 Nov 2020

DCA into index ETF. (Best if can use giro)

DCA because i dont have $1 mil to invest. If i got i pre...

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