facebookWhich 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? - Seedly

Advertisement

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.

Discussion (4)

What are your thoughts?

Learn how to style your text

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.

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...

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

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

Write your thoughts

Advertisement