QUOTE(flying_manatee @ May 24 2021, 10:12 PM)
Hi guys,
I've just opened an account in Stashaway and put to the highest risk settings (36%), so the portfolio is equity heavy and weighed more towards China and the US. So due to work-related reasons, I have around 50k to put in now and another 50k fairly soon.
Do note that most of my other portfolio is in property so it's relatively stable, that's why I'm going for the highest risk setting in Stashaway.
So my question is: as now the market seems very high, should I wait for it to drop before throwing all the money in? Or just put in immediately?
Another course of action that has occurred to me is to put all the money in but put the risk settings to the lowest, then if the market crashes set it back to the highest. Not sure if this makes sense or not.
Thanks!
R u confidence that now is ATH? If yes, u can wait until the dip come n u lump sum in so that u can buy low sell high later.
Bcoz u know how to timing market very well.
I'm not well in timing market, so i practice dca all the time.
I will split the amount into several small amounts, eg total 50k split to 5k each or 1.25k each, i will regularly top up my portfolio, either monthly or weekly.
If occurs dip in certain month, i will manually topping again.
This is normally i do.
U can use as reference n make ur decisions. π
I won't choose low risk in stashaway bcoz I dun like pay the fee n ask professional ppl manage my money.
Low risk punya investment I diy sendiri with SSPN /FD/ASM/MMF/........
This post has been edited by ironman16: May 24 2021, 11:24 PM