To try out ETF or put more money in StashAway? - Seedly
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Javier Ang

Asked on 21 Dec 2019

To try out ETF or put more money in StashAway?

I'm 23 years old, working for 3 years already. Have several compulsory saving plans/methods like Stashaway ($200 per month), another saving plans ($200 per month) and an endowment plan ($300 per month). I've got a $200 additional which I would like to invest but not sure if I should pump it into my Stashaway or try out ETF through DBS like Nikko. Appreciate the opinions!

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Heah Min An
Heah Min An
Level 5. Genius
Answered on 22 Dec 2019

Javier, I’m 34 this year. This should allow you to understand the context of my answer.

Before you proceed any further of allocating your $, I sense that there isn’t a goal. Even there’s one, I sense no clarity in it.

All methods above are tools to reach a goal.

  1. Do invest time to gain clarity on your goals.

  2. I would review the insurance that I have on hand. Insurance are for protection. I previously used for future gains but I’ve switched to value investing in REITs for my goal is clearer now. Insurance used for wrong objectives are basically inefficient.

  3. Invest time again, yes, be patient, to find a tool that you understand the most. The risk for all investors is investing in something that they don’t know.

When you’ve completed item 1 & 2, do ping back in the comments below👇🏻

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Javier Ang
Javier Ang

22 Dec 2019

I do have quite a sum 'locked up' in SSB already which I intend to use it for BTO / marriage. So currently. But I've not allocated any of my savings for retirement / future child so I think ETF might be a viable choice too for my retirement funds?
Heah Min An
Heah Min An

24 Dec 2019

Is SSB "Singapore Savings Bonds"? I've not invested in that instrument before. As long you're clear of the objectives of your SSB, you can continue. Out of the 70% investing fund, I would allocate 3 goals: A. Children via cash flow instruments B. Personal defensive portfolio via cash flow instruments C. Person offensive portfolio via capital appreciation Currently, I'm building a retirement portfolio for my parents using cash flow instruments, one of which is REITs. I go heavy on B because I hardly allocate time on C, i.e. I must actively search for growth stocks. For B, I invest time to study my REIT selections. You can consider ETFs if you're comfortable with the underlying basket of assets it tracks. Do invest some time to have an idea of how these underlying assets generate returns for you as an investor. Ever considered picking your own stocks?
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Leo Chin Ho
Leo Chin Ho
Level 4. Prodigy
Answered on 21 Dec 2019

For me, i would prefer stashaway. Stashaway is also helping you to invest into different ETFs so in one way, you can have the best of both choices. Stashaway has low fee and it has a good basket of etf for you to expose to. So if you are looking to diversify your portfolio stashaway is a good option.

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Thank You!
Can you clarify
I wonder if
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What about
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