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Kirill

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Kirill

  • Answers (2)
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SeedlyTV S2E04

Robo-Advisors

Investments

Should I invest S$100k as a lump sum or should I invest part of the budget as a lump sum and the remaining as monthly deposits?
K
Kirill
Level 3. Wonderkid
Answered 3w ago
Here is a great answer and simulation over some time: https://ofdollarsanddata.com/dollar-cost-averaging-vs-lump-sum/
šŸ‘ 0

Robo-Advisors

Investments

SeedlyTV S2E04

Would like to ask which robo-advisor platform is better? As this is my first time investing and currently I just start working. Planning to do monthly $100 investment but I have no clue which platform?
K
Kirill
Level 3. Wonderkid
Answered on 05 May 2020
Honestly, I feel like the best thing people can do is just to invest into Vanguard index funds and save up on fees from all the robo advisers. They are just dollar cost-averaging different financial instruments, not a lot of magic for the buck. So far as you are better off just putting $100 into index / ETFs reflecting the market.
šŸ‘ 1
Level 3. Wonderkid
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