Asked by Anonymous
Asked on 02 Sep 2018
We recommend that customers spread out large investments across several months, investing through dollar-cost-averaging (https://www.investopedia.com/terms/d/dollarcostaveraging.asp) and holding assets until your goal is reached
By investing a fixed dollar amount on a regular schedule, regardless of market conditions, you will purchase more shares when prices are low and fewer shares when prices are high. This ensures that you will invest at a reasonable price and exchange rate, and avoid investing at market tops, helping you to manage the risk of your investments.
Your risk level should depend on your risk appetite and not just on returns. You can read an article we recently posted here: https://www.stashaway.sg/r/debunking-high-risk-high-return. If you would like to get a better idea on expected returns of the different portfolios or if you have any further questions, you can contact us at [email protected] or +65 6248 0889 (9am - 6pm, Monday - Friday, excluding public holidays). We will be happy to help :)
SA will ask you a series of questions to determine your investment objective and risk profile. After the setup of the goals you can still adjust the risk profile to higher or lower. My risk profile is the highest now and gets about 4% returns.
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