Really? Crypto. If they add in crypto then maybe I'll stop. Hahahahah.
Can share why u ain't a believer of DCA? Correct me if I'm wrong cos im really a noob here. I thought it's to spread out the risk?
Posted from PCWX using 阻ç¢*梦想的ä¸*是现实 而是ä¸*去实现
wa if they invest crypto i will stop too. crypto i no confidence.
they are planning & considering only, not confirmed! but u shd read their weekly commentary, i followed their fb and youtubes too, your email should rec'd their weekly updates etc too
Crypto? i might or might NOt: NO- if it is me alone buying on my own, if yes, i would have already get it purchased since dont know when
but i m looking fwd to the collaboration of Facebook and temasek holding (not really a crypto but something like a virtual $ - sure approved by MAS)
Btw all cryptos are not monitored by MAS for now
Crypto if it is like a small % eg 5% in a total pOrtfolio - then i will dare to venture (cos no pain no gain) i dont mind getting Chi's digital currencies in future!
Plan it as a whole big pic mah
just like i mentioned earlier my sg income of Stashawy sucks big time after 1yr+ (dont blame it on the covid, cos 危机就是商机/机会) , i did proposed how long are they gonna depend just on "sg-income" etfs ?? (they again promised to look into it)
previously when they launched it they wanna do MORE on Reits (but not at all, Reits wasnt even a large proportion of Sg income, how then do we get "Income" contrast to growth stocks)
learn from SYFE lah, their
Reits+ are purchasing into Real stocks of Reits, not ETFs of reits-related if not branch out the income out of Singapore then , these are my suggestions to them before...
i shall recap : my returns for my sg income (stashaway) til now coming to 1yr 1quarter soon : the returns is not even 2%
(partially due to a limit in the Reit components too, too much safe items eg Bond etfs)
I did explain b4 why i am never an RSP or DCA Lover, cos diff pp has diff priorities and commitments and not all has the luxury of stable income at all times too (i understood why some dont dare to even cough out a bit just to test on Robos) so may not have $ at a regular timing (although could do it quarterly)
theoretically it of cos "spread risks" , conceptually there is no fault with it:
(esp as a firm believer that we can never time the market)
Can never time doesnt mean = we r blind till we cannot "See" the mkt movement
We can clearly see that Equities or Reits (on the whole) are moving up (be it slowly or just marginal progressing only) now....so u know for sure prices are getting bit by bit more expensive (although u wonnt know when it will drop by Alot, of cos it will drop by abit is fine)
So be it u keep buying u r buying bit by bit into a much higher price (some platform charges u too eg FSM to RSP into some funds /etfs, if u r not purely talking about robos) , yes there is no better option to earn even more Interest rates elsewhere, so u have to ask yourself , is it worth keeping it in a bank/FD for that low interests or u can do something about it?
cos DCA/RSP Amt by a "big" investor can range widely compare to the amount a "small" investor could afford...
So since i m not a big player , i rather not (esp if the portfolio is likely to be USD/HKD related , not in my home currency)+ i dont have a fixed stream of income coming in like some of u
So , shall wait for there is a chance then i Lumpsum again : 来日方长！
everytime, and everywhere there bound to be opportunities, for u to ride, miss the boat, take the other one
i believe in , once i believe in the potential of something, it must be something that will bring about growth*, so nothing wrong to Lumpsum it again
btw, conversely, if u see the "mkt" is tumbling down, u can never time it, u can never know how low will it go, then what shd u do? DcA it ! cos u never know how low, so u DcA to spread it and somehow u still get to ride onto the trend (cos the stock must be something having strong fundamentals and potential)
DcA when it is downtrend, i can understand!
* growth: those i believe in - i know they will not grow for just 0.1% , they must hve some good fundamentals ....so u definitely wanna grab them Fast , but what if they dropped abit ?? eventually they are still good, since it is good , who cares about the sales/discounts or cheaper pricing it is gonna offer later???? eg u know all IT or hifi prices surely will drop after sometime, but u just love this particular item , and u want it to be in your living rm, u wanna to own it asap, & u will never know that it will fetch an antique price later......just own it first
why bother to bit by bit to purchase it at a more expensive price mthly?
theories are still theories, u can believe in them conceptually, but when it comes to realities, it is back to real life although many will say Robos are not affected by human brain & emotions
allow me to quote someone 's style of speaking, do u know how the Rich get richer ? actually Most is one shot throw in funds to buy big amount of a particular stocks and earn big bucks (this is hw the reality work)
I seriously dont think they DCA/RSP mthly faithfully and pray hard for it........
Sorry too lengthy! i m Also learning too!!!!!!!
