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

Asked on 13 Aug 2019

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.

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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.

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Geok Hong Ong

14 Aug 2019

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

19 Aug 2019

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.
Gabriel Tham
Gabriel Tham, Tag Team Member at Kenichi Tag Team
Level 9. God of Wisdom
Updated on 14 Aug 2019

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.

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Geok Hong Ong

14 Aug 2019

Thanks for your guidance Gabriel