Last updated on June 6th, 2021

We are certainly spoilt for choices when it comes to investing. There are so many different options that you can choose from! If you are a beginner investor, most people will advise you to invest in either a robo-advisor or a regular savings plan (RSP). How are these 2 different and which one should you choose? Here’s a detailed comparison between robo-advisors and regular savings plans:

Investment strategy

Robo-advisors and regular savings plans have different investment strategies:

Regular savings plans allow you to invest in an individual stock or ETF

When you are investing in a regular savings plan, you are investing in an individual stock or ETF. This means that your portfolio will be rather concentrated to a certain sector or stock. Here is a breakdown of what the different regular savings plans offer:

Regular Savings Plan	ETFs	Stocks
OCBC BCIP	✓	✓
Invest Saver	✓	✕
POEMS

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