Posted on 29 Nov 2020
My partner and I have been contributing the same amount into StashAway every month for the past few months but not too sure if it's the best use of our time and money.
I was thinking of buying VOO ETF, DCA all the way till our BTO is complete. Is this a wise choice? Also, how are the fees charged? I am using TD Ameritrade.
Do let me know if there are better options out there! Thanks all!
Your investment returns are not guaranteed, even if it's over the Long term. While you can do a monthly allocation, you may want to be cautious on how much you allocate on your investment regime. Five years may be a relatively short time for a housing need that's is guaranteed so you may want to also try short-term endowments for guaranteed interests.
You may ask around your friends on the past performance of the S&P500 and robo since both of them work differently. One tracks the market index while the other is a algorithm-crafted portfolio So you can see which works Better for you
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