In my years of investing, I have never have to commit to paying to a monthly investment into a financial assets.
From what I learn about my peers, the active individual stock investors do not do that. The investors investing via exchange traded funds in a passive manner also do not do that.
I been asked if they:
- Should choose to invest in STI ETF (an exchange traded fund) over this insurance endowment plan her insurance agent recommended to her
- What are my thoughts of Stashaway and similar robo-advisors
- Should he start dividend investing or choose to invest in a portfolio of exchange traded funds
I do sense that there is a deep culture to commit to an automatic investment scheme.
These include regular contribution to:
- Kim Eng Monthly Investment Plan or Phillips Sharebuilder Plan. These are pre-funded ways to invest in selected individual stocks such as Keppel Corp in …