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Top Reviewed Products
4.686 reviewsStashAway
Pros: - Fractional shares: every single cent is being invested (make all your money work for you) - Investment framework which differentiates themselves from other robo-advisors (do spend some time to understand it, how the different regime would change the portfolio allocation, how is the portfolio being reoptimized/rebalanced) - Actively engaging the public (talks and monthly CIO updates article) - Excellent customer support - Nice and clean UI - The convenience of a mobile application - No minimum amount required to invest (event student drawing pocket money can do it!) - Cheap for a hassle free investment service that provides diversification (as compared to unit trusts/mutual funds and diversifying/rebalancing the portfolio yourself is not going to be cost-effective unless the amount is large) Cons: - Limited visibility into the transactions in the UI (everything can be found in the monthly statement but that requires the user to wait a few weeks for it) - Exchange rate (SGD deposit to USD) cannot be found in the UI or monthly statement (this can be reversed/computed from the USD cash flow in the monthly statement) Although I find the cons pretty annoying (could be just me), I believe the pros outweigh the cons, hence the 5 stars review. Not reviewing/commenting on the returns as I feel that it is too short/early to guage . On a side note, I would like to share my observation (walk the talk) - I met up with the CEO of StashAway, Michele and asked if he has invested his own money. He immediately logged in and showed me his account. Not so much of a pros/cons but I thought it shows a lot :)
4.632 reviewsAutoWealth
Highly recommended for any savvy investor who wishes to sit back and enjoy the automation of investing at low cost, especially for beginning investors. Different risk level (1-4) caters to different risk appetites. Diversification of portfolio maximise returns for long term financial goals/ savings. Every transaction is transparent and updated on the platform. Overall 5 stars in product n service
4.719 reviewsSmartly
Been using it since 2017. Very simple interface, and easy to get started. Has a friend referral program. Breakdown of what your portfolio invests in, profits/loss, fees involved, etc Up to 10 levels of Risk score to modify your portfolio accordingly Low minimum investment required, $100
5.02 reviewsPhillip SMART Portfolio
Invested in the Growth portfolio since Feb 17. Total return currently about 9%. Highly recommended.
0.00 reviewsFSMOne Maps
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