facebookWhat are the recommended common stocks/ETF to perform Dollar Cost Averaging? - Seedly

Anonymous

07 Jul 2019

Stocks

What are the recommended common stocks/ETF to perform Dollar Cost Averaging?

I am an amature retail investor looking to perform DCA of about $300 to $500 per month. I would like to hear any recommendations on any safe stocks/ETFs that would perform in the near future (probably doing a long term investment for 5 to 10 years).

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Hi OP,

Congrats on taking charge of your financial journey. I would suggest that you read up Shiny Things e-book to better understand how your journey will be. A brief summary can be found here: https://forums.hardwarezone.com.sg/money-mind-2...

As per his recommendations, for Singapore side, you can consider buying ES3 & A35
For overseas, Vanguard & iShares etfs are the way to go as the fees are very low. Some ETF would be VWRD/VWRL,VUSD

There are a few ways you can go about buying ETFs/Stocks, with the key objective is to lower fees. If you like to DIY, you can go about via Saxo/Interactive Brokers/Fund Supermart:

https://blog.seedly.sg/the-ultimate-cheatsheet-...

Alternatively, you can consider a Regular Saving Plan:

https://blog.seedly.sg/which-regular-savings-pl...

Lastly, you can do the Robo-Advisor Route:

https://dollarsandsense.sg/robo-advisors-in-sin...

Do note that you can utilise SRS for stashaway:)

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