Should I stop subscribing to Share Builder Plan and invest on my own?

I also have the same idea as you (not invest savvy -lesser now- and have a full-time job), so I took up the Share Builder Plan then. I invested $600 monthly (2 counters - Singtel & STI ETF) since 2017.

And then I attended Dr. Wealth ERM course in Oct 2019. It was then I realised that this investment vehicle has very high beta (it's highly volatile, in relation to the overall market), as compared to the one I eventually built after attending the class. Currently, the beta stands at 0.94 (SBP) vs. 0.46 (a portfolio of 14 REITS/Trusts).

Even with 6 counters, I'd think your portfolio beta would be quite high. Generally, we'd want to have 10-30 stocks in a portfolio, to cushion the volatility.

In my situation, I plan to exit SBP when the market recovers in 1-2 years and self-manage this money.

Besides what Christopher suggests i.e. ETFs, you can consider buying into dividend-providing funds through these platforms (e.g. Phillips FAME, FSMOne) if you don't want to study and buy individual stocks. My financial advisor (on retainer) does this for me.

Going forward, if you want to invest on your own after taking into all our comments, or you simply want to see whether investing on your own will suit your profile,

I'd suggest to go for paid investment courses via reputable means e.g. Dr Wealth, The Fifth Person etc. It will cut short the time needed to accumulate your knowledge in investment, and learn from the instructors, who are investors themselves.

Although these will not be cheap, at least this knowledge is something that will be with you for life.

Hope this helps in facilitating your decision-making. All the best in your investment journey.

Hi there. Also another fellow POEMS SBF user thou I still do my own Investment. I would suggest keeping the SBF as it kind of "force" you to do some saving/investing.

Making use of the monthly investment, you are able to average out your Investments and have a better return. Mine was doing not bad until recent sell down 😂😂😂

Honestly, holding a day job and trying to find stocks to buy is abit time Consuming. So I think will be better to keep the SBF.