Anonymous
So I started an account with stashaway and moneyowl in march when the market was near peak a few days before trump tweeted..
Both platforms are currently negative right now. I'm thinking if I should average down on them or put the money somewhere else?
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Jia Jing
06 Jun 2019
Associate Product Manager at Moneyowl
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I would still invest consistently and take advantage of the price drop with dollar cost averaging monthly to buy more units.
Definitely if you are looking at robos, take a longer term view. It's currently only 3 months since you put in your investment!
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Gabriel
03 Jun 2019
Undergraduate at National University of Singapore
As the saying goes, time in the market is better than timing the market. Thus, adopt a long term min...
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Dear Anonymous,
Thank you for investing with us!
To answer your question, I would like to refer you to a letter written by our CEO/CIO 3 weeks ago on 13/05/19, titled āInvesting with Best Odds through Market Turbulenceā .
It can be found in the link below:
http://bit.ly/moletterfromceo
Have a great day! :)