- A Regular Savings Plan (RSP) allows you to invest a fixed sum of money consistently.
- By using a RSP, you can avoid the stress of having to find the perfect time to start investing as your entry price will be smoothed out with time.
- You can also reduce the hassle of making repeated fund transfers.
- By setting up a RSP and investing in ETFs, you can further spread out your risks.
This post was created in partnership with Nikko Asset Management Asia Limited. All views and opinions expressed in this article are Beansprout's independent and professional opinions.
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