Hi, currently I'm investing $500 into STI ETF and $400 into StashAway (22% risk) per month. Looking into DCA into S&P 500 ETF, would that be a good strategy since I'm currently a beginner investor?

Don't waste time and money on sti, super terrible index. focus on stashaway or consider syfe100

Hello,

Investing in the STI ETF isn't necessarily bad. Just take note that the STI ETF is more for dividend investing. i.e. You can expect tax-free dividends from the ETF, but don't expect your investment value to appreciate as much as the S&P500 ETF.

It is also probably a more cost-efficient way to invest in the local market. Buying individual stocks would cost more as you'll incur flat fees from buying through the brokerages.

For the most part, I would say your strategy isn't bad.

• You have the STI ETF denominated in SGD that serves as a hedge against currency risk.

• You have investments in a globally diversified portfolio for growth.

If you're unsatisfied with the performance of the STI ETF, you can consider:

• Allocating more to StashAway

• Purchasing SG bonds instead and increasing your risk in StashAway to allocate a higher % to equities.

Of course, the above are just suggestions, do your due diligence as well.