facebookI am a fresh graduate, looking to start my investment journey through ETF. I can safely manage $300 monthly. Is it a good amount to start? - Seedly

Anonymous

14 Jul 2020

General Investing

I am a fresh graduate, looking to start my investment journey through ETF. I can safely manage $300 monthly. Is it a good amount to start?

I am looking to buy into STI ES3 and IWDA as a start to have an exposure to both local and international market. STI through POSB or FSMone, and IWDA through Stanchart. Is $150 a month for each ETF enough to start?

Discussion (2)

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Would suggest you to do a lump sum (e.g invest every quarter) instead of monthly as your amount is quite small. If you do it as $150/month, you’ll be incurring quite a hefty brokerage fee. Also, in my opinion, STI isn’t really worth investing tbh as the returns just isn’t as attractive compared to the international market. Perhaps you can consider replacing it with EIMI. With IWDA and EIMI, your portfolio will be pretty diversified.

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