facebookAs a new investor, should I purchase ETFs using POSB invest-saver or using Robo-advisors (Stashaway/Smartly)? If I use robo advisors, will the returns be lesser/affected due to currency impact? - Seedly
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Anonymous

19 Jul 2019

As a new investor, should I purchase ETFs using POSB invest-saver or using Robo-advisors (Stashaway/Smartly)? If I use robo advisors, will the returns be lesser/affected due to currency impact?

Anyone has any advice, thanks!

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    Discussion (6)

    What are your thoughts?

    Jay Liu

    Jay Liu

    15 Sep 2018

    Level 9ยทAccounting and Finance at ACCA

    How about both? When you invest in robo-advisors e.g. Smartly, you are investing in US ETF too. So it depends on the market exposure you are looking at. For smartly it's converted to sgd on the site when you view it. There is also a currency impact portion where you can view it too. It changes everyday so when you feel that it's time to cash out, you can do so.

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      I think it depends on which market you want to start investing in! I use posb invest - saver for the regular savings plan to buy STI index. But I use Autowealth to buy US ETFs which is something I will never be able to do myself without their platform. I think if you are a new investor, it might be good to diversify as well.. maybe start off with Singapore ETFs first because probably lower risk? The admin fees are also lower for posb as compared to roboadvisors I think!

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        HC Tang

        HC Tang

        15 Sep 2018

        Level 13ยทFinancial Enthusiast, Budgeting at The Society

        Why choose one of you can do both since most robo is US market and POSB invest saver is STI. So do b...

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