Asked on 27 Jun 2019
I am able to commit about 5k per mth. would this works better or high risk? my risk appetite is low to medium.
If your risk appetite is low to medium, you shouldn't be going all-in in an Equity fund.
And which SPDR ETF are you looking at? ES3, S27, D07, O87?
I suggest looking at building a proper globally diversified portfolio across asset classes, geographies, and sectors instead of buying just one ETF.
Your question should really be what is your desired portfolio at this point of time.
Are you looking at a portfolio with 30% equities, 60% bonds, 10% cash/money market fund? (assuming you are low to medium risk)
If yes, then your portfolio should be slowly built up in that proportion.
There are both bonds and stocks (including SPDR STI ETF) on SGX. With $5k per month, you should be comfortable with executing purchase in these ETFs via the low cost stock brokers in Singapore.