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HeyAnna administrators Risk appetite and Dollar Cost Averaging (DCA)
It is important to know what your risk appetite is when you are investing. To get a gauge of your risk appetite, you can invest a small amount of money (e.g. S$100), and then the next time the market drops, ask yourself "how do I feel?". If you start to feel jittery or nervous, then you probably have a lower risk appetite (i.e. more conservative).
For newer or more conservative investors, DCA is an important concept to understand. DCA also makes investing in UTs affordable!
Start as little as S$100 per month. Here's the DBS Funds Search tool for you to see all the UTs available on DBS/POSB: https://go.dbs.com/2BFXYyj!