Asked by Anonymous
A lot of people are in the red now.
I agree with the Nicholas and Yang Teng. I'm comtemplating to increase my monthly contribution precisely because the market is falling (this is a method done called, dollar cost averaging).
The method works because we anticipate all these indexes to rise again after a few years. But never, ever DCA into a stock, unless you are sure it will not bankrupt and will rise again as a superstock.
If you are going to withdraw your money every time your investments gets negative, you should not invest in stocks. Stocks are volatile. If you cannot handle the volatility of stocks which are very common, you will just keep buying at high price and selling at low price which is going to make you lose even more money. You will carry on to do the same thing which is buying with stashaway because market doing good and selling it because market doing bad.
Why do you want to withdraw? It is only paper loss now. If you withdraw, it becomes realised loss! Robo-advisors are not a sure way to get positive returns. The market has ups and downs. If you cannot sit tight and go through all the volatility while doing dollar cost averaging, you should consider putting your money elsewhere, such as FDs.