Anonymous
Is it advisable to use robo-advisors for investments for a regular investment amount of $200? ?
Hi, I’m 29 years old and single. I have have read many recommendations and I bought SSB of a lump sum 5k in June. However I am looking into a more regular investment tool. Probably something of a higher risk. Looking at setting aside 200 per month. Where should I park it to? I’m looking at stashaway. Is that advisable? Thanks folks!
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Hariz Arthur Maloy
16 Jul 2019
Independent Financial Advisor at Promiseland Independent
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You can invest in a Regular Savings Plan through fund platforms or banks, or a Global Portfolio via Financial Advisors either digitally through Robos (like Stashaway) or traditionally via Independent FAs like myself. :)
I recommend investing with a strategy in mind, and with an understanding of asset allocation that will adapt throughout your investment journey, do remember to rebalance your holdings as well to maintain your risk exposure.