Which option should I use if I can only spare $300 per month for investment for 10 to 15 years only ? - Seedly

Investments

Asked by Anonymous

Asked 1w ago

Which option should I use if I can only spare $300 per month for investment for 10 to 15 years only ?

Which option should I use if I can only spare $300 per month for investment for 10 to 15 years only. My friend told me about Phillips sing investment etc. But it doesn’t look stable to me as it seems too risky. I am thinking of REITs etf. Is Mapletree a good investment opportunity? If not, can someone advise how and what should I do.

0

Answers (2)

Sort By

Most Upvote

  • Most Upvote
  • Most Recent

I would not recommend buying into REITs ETF as the transaction costs are rather high relative to the amount you are investing. As a guideline, try to keep transactions cost low (< 0.5%) of your investment amount to achieve economies of scale. You can consider DCA on UTs as there are no transaction costs and your monthly budget is $300/mth.

3 comments

2

See all 3 comments

Geok Hong Ong

6d ago

Hi, May I know if I can consider etf like STI index?
Elijah Lee
Elijah Lee

1d ago

Hi, I would suggest focusing on just one asset class first, probably UTs for a start. $300/mth as I mentioned would incur relatively high costs. For index like STI, frankly I feel that S&P 500 or DJIA would be a better option as an index. The STI hasn't really had fantastic returns compared to the broader market. You'd want to start on ETFs as a lump sum when markets are down, due to costs.

If you have 300, perhaps you can consider roboadvisors such as autowealth, stashaway, moneyowl, smartly, etc.

These can cater to a small starting capital per month.

1 comment

0
Geok Hong Ong

1w ago

Thanks for your guidance Gabriel