facebookI would like to RSP $1000 a month. Contemplating with stashaway and autowealth? - Seedly

Anonymous

05 Jan 2020

Robo-Advisors

I would like to RSP $1000 a month. Contemplating with stashaway and autowealth?

Which one would be a better option? Anyone has made this decision before and would like to share their experience?

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Pang Zhe Liang

04 Jan 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 help you:

  1. What is your capital?

  2. How will you want to invest your capital? E.g. lump sum or an amount on a regular basis

  3. How long will you want to stay invested? E.g. 10 years

  4. What is your risk appetite? E.g. How do you feel about short-term volatility?

  5. What is your objective for investing?

Without further information about yourself and your needs, it will be awfully irresponsible to give you any form of suggestion on the best channel to invest your money into.

Here is everything about me and what I do best.

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