Which is better: DIY invest @ S$100 /month in each of 4 ETF RSP by Nikko-Am (STI , ABF, REIT, Corp. Bond) for a year on DBS invest saver OR digiportfolio Asia for $4000 at once, if I can afford both? - Seedly
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KB

Asked on 06 Feb 2020

Which is better: DIY invest @ S$100 /month in each of 4 ETF RSP by Nikko-Am (STI , ABF, REIT, Corp. Bond) for a year on DBS invest saver OR digiportfolio Asia for $4000 at once, if I can afford both?

I already have some funds in T-bills and SSB. With savings of S$1000 /month, I am planning to invest in equity ETF but confused whether to go for RSP or lump some. I am also willing to go for the Global digiportfolio to diversify but it doesn't allow beginners to do that. In case I go with RSP, how else to invest the S$5000.

0.85% fee for RSP ETFs and 0.75% annual fee for digiportfolio.

First investment. Moderate risk profile. 30 year old. Mostly invest for long term (5-8 yrs).

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Fatty Finance
Fatty Finance
Level 4. Prodigy
Answered on 11 Feb 2020

Lump sum is better and gives higher returns 2/3 of the time. This article by vanguard explains some of the advantages of both methods. https://investor.vanguard.com/investing/online-trading/invest-lump-sum

The markets tend to go up more than they go down, so generally lump sum is a good idea.

But if this is too daunting for you, I totally understand, you should just dollar cost average if it gets you started. You should start investing rather than let the money sit idle.

With regards to both, I would prefer digiportfolio to access the global markets. Singapore markets are not doing fantastic compared to global markets. If the digiportfolio gives exposure to Asia at least it is better than just investing in Singapore markets.

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Karan Malhotra
Karan Malhotra
Level 5. Genius
Answered on 27 Feb 2020

Have you considered other robo-advisors? Many offer far more diversified portfolios than the 2 options you've listed here

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MT2020
MT2020
Level 7. Grand Master
Answered on 27 Feb 2020

It is best to invest in a lump as it will give higher returns then dca most of the time. Also, it will be good for you to invest in global equity as it can give higher returns.

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Joe Lee
Joe Lee, Adventurer at Game of Life
Level 5. Genius
Answered on 24 Feb 2020

I will say lump some investing 8/10 times because money invested will almost always bring you better results.

If you are worried about entry price , maybe you can DCA every quarter instead of every month

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Neferpitou
Neferpitou
Level 3. Wonderkid
Answered on 17 Feb 2020

Compared to digiPortfolio which only has 2 portfolios to invest in, I rather choose the OCBC Roboinvest which gives you 20-30 portfolios to choose from. I've invested for 2 weeks and I'm up 3%. I'm monitoring the situation to see if it's because of the market rally or FX before putting in more money.

DBS's digiPortfolio only has 2 portfolios, one local one US. The latter requires you to have a multi-currency account which is quite troublesome. For OCBC Roboinvest they cover US, HK, AUS and others.

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Omega Lulian
Omega Lulian

10 Aug 2020

How about UOBAM and UOB Urobo. Dont know why UOB got 2 roboadvisors. LOL
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Alvan Sue Bing Teck
Alvan Sue Bing Teck
Level 3. Wonderkid
Answered on 11 Feb 2020

Just my thoughts, don't focus on how to invest and what to invest too much.

The main focus should be why investing now and what you are trying to achieve through investing.

By knowing your end destination, you will be able to map out your investment plan.

After mapping out, do remember to monitor and adjust according to the market trends.

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AT
Andrew Tan
Level 4. Prodigy
Answered on 11 Feb 2020

You can try investing $5000 or lesser in CrowdFunding like Seedin if you are a risk taker and here's my referral code https://sg.seedin.tech/register-investor?ref=c54f064545

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CH
CH
Level 7. Grand Master
Answered on 06 Feb 2020

Between the two, RSP for me.

but still slowly accumulate along the way for any opportunity to do one lump sum when I find the markets cheap enough.

by the way, i believe the 0.85% fees on RSP is the sales charge and there will be no more charges along the way. however, the digiportfolio is 0.75% on your account size. means the absolute fees will get higher as your account grows.

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KB

07 Feb 2020

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Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 06 Feb 2020

None of them.

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KB

07 Feb 2020

Thanks for the response. Would be happy to know about alternatives
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