It takes advantage of the dollar cost averaging concept that does not require you to worry about market timing and volatility. Rate Our Website. Regular Savings Plan is an investment plan that can help you meet your financial goals. This is achieved by investing a fixed amount regularly, as you gradually build up your portfolio over time. By logging in, you are bound to Terms and Conditions. Investing in Unit Trusts and through a Regular Savings Plan RSP does not have a lock-in period, as compared to other regular investment facilities that may have a lock-in period of 10, 20 years. RSPs are investment plans that offer a consistent and disciplined means of investment that provide access to stocks and unit trusts with low cost on a monthly basis.
Minimum Investment
Use a dollar-cost averaging poems monthly investment reducing your commission fee. What is there not to like? That was because board lot sizes were only available for purchase in multiples of 1, Since then, minimum lot size have been reduced poems monthly investment to units allowing your favourite blue chip counter to be within reach. Read also: Reasons to begin investing in While the above mentioned is helpful for investors who would like to get started without a sizable capital, it poses yet another problem, and that is, the high commission cost that one incurs when buying stocks in small units. Some stock brokerage houses have introduced monthly investment plans as a way to help offset the porms of incurring significant commission cost.
Why Phillip RSP?
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Best ETFs For Passive Investing In Canada (For BEGINNERS)
Underlying STI ETF
Your experience on our website is important to us. Investing a fixed amount every month over a period of time manages market risks and fluctuations and allows you to benefit over time. Please let us know how you feel about our website:. Talk to our Customer Experience Specialist Call us at Understanding Regular Savings Plan RSP Plan your investment on solid ground Whether poems monthly investment are planning for retirement, saving for your children, or achieving financial goals, you need a sound investment plan and the poems monthly investment product to see you. This advertisement has not been reviewed by the Monetary Authority of Singapore. Click to Continue Close. GIRO Form. Dollar Cost Averaging DCA This is done by purchasing more units when the price is lower and fewer units when the price is higher. Whether you are planning for retirement, saving for your children, or achieving any financial goals, you need a sound investment plan and the right product to see you .
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