Regular Shares Savings Plans (RSS/RSP)
Standard Chartered Online Trading
Asked on 21 Jul 2020
22yo Will like to know which is more desirable. Lump-sum $4k into IWDA, $2k into FTEC, $2k into QQQ using SCB, or DCA $500 monthly into FTEC and VT ($250 each) using FSMone for 16months? Will hold and not sell since this $8k set aside I don't need it. Am leaning towards DCA because of the volatility and uncertainty whether market will go up or down in this covid economy. I really appreciate all advice so do give suggestions if u don't agree with the above etfs and what u prefer. Thank you!!
In such unprecedented times we are in, I would advocate DCA instead of investing everything at once.
Show More Products