Asked by Anonymous
I read from the community that many people are seizing this opportunity to invest in the US market. And thinking whether the obvious way would be to do this via the Robo-Advisors? I'm choosing between Stashaway and Autowealth now.
I think there is an important factor which you may be missing out on. How much do you plan to invest? If it's a few hundred dollars, then the robo advisors would make sense as you would be buying fractional shares in ETFs.
However, if you plan to invest $10k or more, then I would actually recommend you to consider doing it via a brokerage instead!
You can read more about my explanation on this here: https://seedly.sg/questions/what-is-the-best-way-to-buy-us-stocks-eg-facebook-amazon-netflix-and-google
If you do DCA, then it doesn't matter when you start investing. Any time is as good as any other time.
Only invest if you're investing for the long run. At least 5 years. Remember that time in the market is better than timing the market.
If you're investing for the long term, anytime is a good time to invest. Start with DCA-ing.