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. 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.
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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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.