Robo War Experiment (RWE) Update – October 2022

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2022/11/03/robo-war-experiment-rwe-update-october-2022/

This is a performance update to my Robo War Experiment (RWE) posted here: https://seedly.sg/opinions/robo-war-experiment-rwe-update-september-2022/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

Performance Update

Here is the October 2022 Performance Update:

With the exception of SquirrelSave, all the other 4 robo advisors and 3 benchmark indices turned black in October 2022. The best performer among them are S&P 500, the only one with positive XIRR since the beginning of this Robo War Experiment.

Key Observations

1. October 2022 is another month of recovery this year.
2. SquirrelSave is the only portfolio that suffered a loss in October 2022.
3. The best performing robo advisor is MoneyOwl with 5.35% monthly return.