Hey all readers out there,
hope you guys have been staying safe out there! As Singapore enters the much awaited Phase 2 of our post-circuit breaker life, it is important for us to remember that Covid-19 is still out there, and to take the necessary precautions when heading out! Anyways, in today's post, I will be talking more about DBS's Invest-Saver plan that I used to start investing when I first started to take proper care of my personal finances.
DBS's Invest-Saver plan is a Regular Savings Plan(RSP) that allows you to invest a fixed sum monthly, into your choice of Exchange Traded Funds (ETFs) or Unit Trusts (UTs) (The list of ETFs and UTs available for the RSP is on DBS's website). It allows you to start with as little as $100 per month (which was what I started with!) and only charges a mere 0.5% - 0.82% of sales charge...