I have $200 every month to invest. What should I do?

What should I be looking to put my money into?

Discussion (4)

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Dan

24 Mar 2020

Why not start off with POSB Invest Saver? montly min $100 RSP. A good place to start off if this is your first ETF investment. Can always move off to other investment outlet once you are comfortable ETFrobo.

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Frankie Rappaport

24 Mar 2020

Passive indexing into cheap and large global stock ETF (like ticker: VT) with an appropriate regular savings plan.

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Pang Zhe Liang

24 Mar 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

Before you start investing, it will be best to understand your objective. Here are some questions to...

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Are P2P platforms (eg. Moolahsense or Funding Societies) a good way to invest my money, sat $200 every month?

Where should I invest with $200 every month?

Have been buying $200 of STI ETF every month along with my other investments using the POSB RSP. Would it be better to buy it using Syfe Trade since it incurs lesser fees now?

Planning to invest $200 monthly using POEMS ($6 sale charge). Do you think this is worth it or I should wait until I can invest a larger amount monthly etc $400 a month since it’s the same $6 charge?

What happen if i stop FSMone RSP? I plan to invest $2000 in an US ETF per month for 4 months. Total investment amt will be $8K then i will stop RSP. Is that allowed? Or must I consistently put in money every month?

Are P2P platforms (eg. Moolahsense or Funding Societies) a good way to invest my money, sat $200 every month?

Where should I invest with $200 every month?

Have been buying $200 of STI ETF every month along with my other investments using the POSB RSP. Would it be better to buy it using Syfe Trade since it incurs lesser fees now?