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Robo-Advisors

Invest in low cost diversified ETFs

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Investments

Robo-Advisors

Online Brokerages

StashAway

Is StashAway worth venturing? Will we be losing the conversion rate to USD even before we trade?
Yang Teng
Yang Teng
Top Contributor

Top Contributor (Aug)

Level 9. God of Wisdom
Answered 8h ago
As an investment platform, I would consider other roboadvisors due to lower cost and individual custodian account. See more here: https://seedly.sg/questions/why-stashaway-when-it-is-sooo-expensive As for conversion, it is inevitable if the investment is priced in a foreign currency (USD). While investing abroad may give potentially higher returns, you will also be exposed to foreign exchange risk. As a retail investor choosing an economy to invest in, we should also take into account the country's economical and political standing to judge the associated risk in the future.
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Investments

ETF

Robo-Advisors

Syfe

StashAway

Endowus

AutoWealth

MoneyOwl

Retirement

Hi! Newbie here! I'm about to make my first investment into ETF. I'd like to start with an ETF that tracks the S&P 500. My goal is long term, and for capital appreciation, not for dividends payouts. What are your suggestions?
Shengshi Chiam, CFA
Shengshi Chiam, CFA, Personal Finance Lead at Endowus
Level 7. Grand Master
Answered on 21 Apr 2020
I would start with a broader index, that tracks not just the US markets, but the global index. including other developed markets and emerging markets. VWRA/VWRD serves the purpose, and it is tax efficient. US listed is extremely bad because you are potentially paying 2 layers of dividend withholding taxes. You can read up more about it here: https://endowus.com/insights/an-inconvenient-truth-tax-on-us-listed-etfs-04c7532c5d/
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Investments

Syfe

Robo-Advisors

REITs

Is my Syfe portfolio allocation optimised for my risk appetite?
saylavee
saylavee
Level 4. Prodigy
Answered 2d ago
I read from somewhere saying the 110 - current age rule and that answer should be your percentage of equities. Given that you are planning to hold it for a long time, consider doing 90/10 for your allocation. Time has shown E will always outperform B in the long term. For me, unless I have a substantial amount to invest into 100% reits syfe, I would rather invest all into the 100% equities since the chances of capital growth is higher.When your risk appetite falls, just switch to dividend paying ones like banks/reits.
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Syfe

Robo-Advisors

Online Brokerages

Investments

Is there a need to have a high lump sum when setting up an account with Syfe, does it make a big difference as opposed to having a lower lump sum and an average of maybe $200 monthly?
Gordon Lim
Gordon Lim
Level 5. Genius
Answered 4d ago
Up to preference. If you wondering about the part when you set the portfolio and they ask you, its actually just for your own reference. In the end is OTOT deposit de. And whatever you deposit gets invested straight away. Cost wise. You might say DCA is cheaper? Since they charge fees by month so if you DCA your NAV starts small and grow just as your fees will. Then lump size you get the bigger fee starting the first month.
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Cryptocurrency

Investments

Syfe

Online Brokerages

Robo-Advisors

Should I try crypto or Syfe next?
Syfe
Syfe
Updated 4w ago
Hey there! As Kenny mentioned, it is important to consider your financial objectives when deciding what investments will best suit you. Equally important is to understand your risk tolerance and investing timeframe. Generally, there are quite a number of risks associated with cryptocurrencies. They are not regulated by MAS. They are not legal tender or securities. If you want to proceed, do make sure you fully understand the benefits and risks of crypto. As for Syfe, you may want to consider our Equity100 or REIT+ portfolios as a diversification from the ones you currently have. Equity100 is a 100% stock portfolio that investors with a long investing horizon and high risk appetite may find suitable. You'll be invested in growth stocks like Microsoft, Amazon, Apple and more. REIT+ is a Singapore REIT portfolio. If you are looking to earn dividends, this may be interesting for you. You'll get to own 20 S-REITs such as Ascendas REIT, CapitaLand Mall Trust, Mapletree Industrial Trust and more within one portfolio. Hope this helps!
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Insurance

Investments

Robo-Advisors

A financial advisor offered a investment plan which has 66% welcome bonus on my initial investment and covers me 101% of the amount if I pass away.. is this worth it?
Takingstock @
Takingstock @
Level 7. Grand Master
Updated 4d ago
Please read all similar posts on ILP. this is my 3rd reply on ILP within 3 days. Short answer - not REALLY. ILP has a lot of fees. Key points from previous reply - ILP has four costs - a) investment / fund cost and fees, b) distribution costs to agent / insurance Co, c) insurance Co own admin fees, d) insurance or mortality fees / charges. If you go with robo advisor, DIY just purely buy funds, you pay only cost A. If you don't need the insurance benefit at all, you do not need to pay cost B, C, D. - ILP has long time to breakeven, and often severe penalties for cancellation or even taking premium holidays. - between an 20+++ year ILP and topping up your cpf sa / srs, it would make more sense to do either of the cpf top up, or srs. Apart from tax relief, they have no long term commitment. In a bad year, or you got retrenched, or you got a big wedding which you didn't save enough for... You will come to regret this severe stressful ILP that you just gotta continue feeding. The way you are looking at the bonus is not right, and would skew you towards making the wrong decision. Ask the agent to give you the projection table summarising all the fees, projected return of 3.5%, and what you will get back at the end of the 10 year term. For 12k x 10 years = 120k, I would not be surprised if you only get back only 90+k at 3.5% return . You would paid more than a good and fair portion of fees to the agent and the insurance Co for a 101% death benefit (which might be an even worse deal compared to a whole life policy). Its like going to a shop, you want to buy item X that costs $20. The sales man come to you and say buy combo deal for items X +Y + Z for $100 and you get item A for $1 (usual price $5). Instead of paying 20 for item X that you want, you pay $101 for the entire set. You thought you saved $4, but you actually spent 101-20 = 81 dollars more on things you didn't need.
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AMA Endowus

Endowus

Investments

Robo-Advisors

DFA funds form a big part of Endowus allocation. Recent glassdoor reviews suggest concerns over the poor talent pool and culture in DFA. Is this something that we investors should be concerned about?
Lee John
Lee John
Level 7. Grand Master
Answered 1d ago
As an investor, I look primarily at the returns on investment the company gives. If it drops, I may consider changing. The things you mentioned would affect a smaller firm more.
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Kristal.AI

Robo-Advisors

Investments

With the significant lag time on Kristal AI, what prices am I actually buying at?
Lee John
Lee John
Level 7. Grand Master
Answered 1d ago
The price you buy at will not exceed the amount you debited for the purchase. Can be less, wouldn't be more.
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National Service (NS)

Investments

ETF

Robo-Advisors

What should I invest in for $200 per month? Any etfs or roboadvisors?
Daniel Kok
Daniel Kok
Level 6. Master
Answered 2w ago
I'm personally investing on 2 portfolios via SYFE. their REITS+ portfolio gives you access to 30 local REITS and equity100 invests in US ETFs like s&p500 and nasdaq100. You can split into 100 per month so you get a bit of both local and US market For diversification. once your portfolio is a bit larger say $50k or so, you might consider switching to an ETF via broker directly. :)
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Syfe

Investments

Retirement

Robo-Advisors

Anyone care to share their Syfe portfolio regarding REITs+ and REITS 100%.?
Daniel Kok
Daniel Kok
Level 6. Master
Answered 2d ago
Started in jun on 100% REITS. Highest was about 4.5% but recently dropped to about 2.5%. Generally am seeing uphill trend. if you're planning to DCA every month, it should be pretty safe!
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