Do I have to follow the deposit plan’s recommendations?
No. The deposit plan's recommendations are entirely optional. They serve as suggestions for your consideration.
With Selma, you have full flexibility to decide when and how much you deposit into your account. 🤸♂️
Can I customise my deposit plan?
Currently, customisation options are not available. However, you can experiment with your own numbers and compare expected returns.
Does my deposit plan influence the way Selma puts my investment strategy together?
No, whether you follow your deposit plan or not has no influence on the way how Selma puts together your investment portfolio and invests your money. The content of your investment portfolio and the deposit plan are two separate things.
Your deposit plan is based on the financial side of your investor profile (like cash, cash buffer, and monthly savings). The content of your investment portfolio is, in addition, influenced in addition by your willingness towards risk and the length of your investment horizon as well.
For more insights, refer to How does Selma put my investment together?
If I don’t want to follow the suggested deposit plan now, can I still start later?
Absolutely! You can start following the suggested deposit plan at any time. Just ensure your investor profile is up-to-date to keep the deposit plan relevant, and get back to the deposit plan whenever you feel ready.