Anonymous

01 Oct 2020

∙

General Investing

With $200 a month to invest as a beginner, should I invest with robo-advisors or directly to an ETF?

I'm particularly attracted to the ARKK ETF.

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Kenny Pang

01 Oct 2020

Robo. Syfe would fit best in terms of lowest fees, then DCA slowly.

No point investing ETFs directly, the broker fees (assuming you go for local banks) will take almost 10% (around 20-20$ per trade) off your order execution, DCA over a long run with $200/month isn't sustainable.

Once you become more comfortable and have more cash to invest, you can look at US brokers (bunch of them with low or zero commissions, TD, Saxo, IB, etc).

Reply

Save

Write your thoughts

Related Posts

I am a beginner planning to invest a starting amount of 2k instead of leaving it in a bank account, I am also able to set aside about $100 every month. My question is go for STI ETF or Robo-Advisor?

I’m graduating this year with $300 in STI ETF via RSP, and I’m interested to invest in S-REITs and global stocks ($1000 per month?). With my low investment capital, should I consider robo-advisors?

Would you recommend investing with a robo-advisor or investing into ETFs for a beginner? Why?

I need some advice before kickstarting my investing journey as a beginner. Should I start investing from Robo-advisors, US ETFs, or RSP?

Hi Community, if I have $100 USD to invest each month, would it be better to invest in a S&P500 ETF or a Robo-Advisor portfolio like Syfe?

Related Products

StashAway

4.7

1293 Reviews

StashAway Simple Guaranteed 3.55% p.a. (Guaranteed rate)

Cash Management

INSTRUMENTS

None

ANNUAL MANAGEMENT FEE

None

MINIMUM INVESTMENT

3.5%

EXPECTED ANNUAL RETURN

Mobile App

PLATFORMS

Endowus

4.7

656 Reviews

Syfe

4.6

930 Reviews

Related Posts

I am a beginner planning to invest a starting amount of 2k instead of leaving it in a bank account, I am also able to set aside about $100 every month. My question is go for STI ETF or Robo-Advisor?

I’m graduating this year with $300 in STI ETF via RSP, and I’m interested to invest in S-REITs and global stocks ($1000 per month?). With my low investment capital, should I consider robo-advisors?

Would you recommend investing with a robo-advisor or investing into ETFs for a beginner? Why?

I need some advice before kickstarting my investing journey as a beginner. Should I start investing from Robo-advisors, US ETFs, or RSP?

Hi Community, if I have $100 USD to invest each month, would it be better to invest in a S&P500 ETF or a Robo-Advisor portfolio like Syfe?