16 Apr 2020
I’m graduating this year with $300 in STI ETF via RSP, and I’m interested to invest in S-REITs and global stocks ($1000 per month?). With my low investment capital, should I consider robo-advisors?
Not sure if i should RSP about $1000 monthly or save up and lump sum. FSM doesn’t offer RSP for REITs/stocks atm and POEMs’ SBP charge is quite high. I also want to start investing in global/US stocks/ETFs but I’m not sure which platforms are the most cost-effective for me (I intend to buy and hold for a long time). Should I consider robo-investors to give me exposure into global/US, and Syfe REIT+? Or save up and lump sum into particular stocks/REITs through FSM/DBS vickers/SAXO? Or FSM MAPs?
Hi there! To help you decide what’s the right investment for you, perhaps I can briefly share more about Syfe REIT+. The REIT+ portfolio currently comprises 15 SGX-listed REITs as well as Singapore government bonds via the ABF Singapore Bond Index ETF. Fees are 0.4% - 0.65% per annum. There's no minimum investment to get started and absolutely no lock-in periods.
With REIT+, you can dollar cost average into your portfolio to increase your REIT assets month by month without incurring further brokerage costs. You can also choose to make a lump-sum investment if you prefer. In the coming weeks, Syfe will be launching an enhanced version of REIT+, so stay tuned for more info!
Besides REIT+, Syfe also offers Global ETF portfolios. Again, there are no brokerage charges and you can invest any amount you like, at any time. The fees are the same as REIT+. The ETFs are US-listed ETFs diversified across sectors, asset classes and geographies. You can see the full list here: https://www.syfe.com/sample-portfolio
To find out whether REIT+ can help meet your investment needs, why not speak to our investment advisors? They will be in a position to offer more targeted advice. You can schedule a free consultation call here: https://www.syfe.com/financial-advisors
I am currently using Ib,FSM and stashaway. They are low cost which suit your criteria. though FsM doesn't offer RsP for reits/stocks but that doesn't mean you can't do manually. its just a mobile app away to buy or sell...unless you want be passive den robo-advisor fit your passive mode. stashaway current is my hot topic and favorite robo platform. it is primarily focus on US ETFs... it is user friendly, you can dca Everyday or set weekly rsp or monthly.
i haven try syfe reit+ , I prefer to do my research on reits and buy Accordingly to my appetite Using FSM. DCA is better, and also having enough warchest in case of downturn. Which is why it is important to have 6 to 12 months of emergency funds...if u are not using when there is a market downturn...u can tap this funds.
Personally would go with brokerages as their fees are much lower, some like FSM, does not have custo...
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