Anonymous
I have a lump sum of >$10000 I am about to invest in the STI, but after reading all of the posts on Seedly advising otherwise I'm a little confused.
So this brings up 2 questions:
Hariz, Luke and a couple others recommend a "globally diversified portfolio" instead of the STI - what does this mean practically, and how does one start in them? What are
After the lump sum I have $600 monthly to DCA. Is this too small a sum to DCA into a global fund or ETF? If so, what minimum amount is recommended? What low-fee brokers are recommended? Any RSPs?
B/G: I'm already invested in the STI, ABF, SSB and 5 local blue chips. Thanks for reading!
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Hariz Arthur Maloy
07 Jun 2019
Independent Financial Advisor at Promiseland Independent
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- Globally diversified means you have investments in other countries apart from Singapore, namely mature markets (e.g. US, Europe), and emerging markets (e.g. the BRIC countries), such as by buying into stocks/ETFs etc listed in overseas markets.
- $600 monthly DCA seems decent, it is ultimately up to your comfort level.
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The STI comprises the largest 30 companies listed on Singapore exchange, whereas a globally diversif...
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Mr. Worldwide! Investing in a globally diversified portfolio just means you have money in these places:
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