Invest
2021 goal for cash position
By Finance Smiths  •  January 19, 2021
I set up my OCBC RoboInvest Future World Portfolio last week with the minimum investment amount of US$1,000. I’m going to hold off on setting up the OCBC RoboInvest Gen-Z Winners and China Growth Portfolios until next month just to spread out my investments more over time. Just because I had already met my monthly Dollar-Cost Averaging (DCA) investment amount target for OCBC RoboInvest this month just by setting up the Future World Portfolio. The user interface is simple and the top-up (additional investment with minimum amount of US$100) process seems straightforward. I noticed that OCBC RoboInvest allows for fractional ownership of the units in the ETFs the Future World Portfolio is invested in. This is important for a DCA investing strategy since it allows for a low minimum top-up amount of US$100 while ensuring it can be used to buy fractional units across all the ETFs in the portfolio if necessary....
Read the full article
By Finance Smiths
Late 30’s couple with 2 small kids living in Singapore writing about our financial progress as a family.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance