Baby Steps

I am late comer to the investing world at 32 but hey it’s better late than never. I started investing on roboadvisors February 2019. I picked 3 platforms :

  1. Smartly
  2. StashAway
  3. CIMB CGS eWealth

A little while after that, I decided to start investing via DCA (Dollar Cost Averaging) on Singapore stocks as well. So I signed up for a brokerage account via Maybank Kim Eng. This turned out to be the worst investment decision of my life. Why? Because they shut down the Monthly Investment Plan 3 months after I signed up. Hence, I was left with a few counters to liquidate before end of year.

In retrospect, I have to say I’m pretty lucky. I started investing during one of the best time to do so as the market had just had a major correction (the trough was during December 2018) and was starting to recover.

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