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?

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I think it depends on where you want to put your money. For my regular savings plan, I use posb invest-saver to buy STI index. But I use Autowealth's platform to buy US ETFs, which is something I could never do on my own. If you are a new investor, I think it might be a good idea to diversify.https://seedly.sg/posts/as-a-new-investor-shoul... phrazle

Dear anonymous, change your tag for the benefits of the mess as it does not suit the topic of your questions.

Adding on to @Jay Liu and @ HC Tang whom I share the same idea with (why not BOTH especially u have the cash?) :
As a new investor (I just started too...), you wanted to get started somewhere. You are eager to. But you don't know how. You want to maximise learning experience, knowing and familiarise the market, getting a higher possible returns, with a lower possible risk and the lowest possible cost.

STI ETF (or posb invest saver) is a good way to get things started. Well-diversified + low cost + potential gains in the long run. You can thereafter start researching about local market.

Robo advisors are something you can start too because it meets your needs and wants. (Diversification and understanding global market). Different robo advisors provide different opportunities and style so do your diligence and choose your preferences and requirements before started with one (risk assessment). You can familiarise with the impact of currencies on your capitals/ results. Thus, the returns will definitely be affected, positively and negatively.

Hope this is helpful. I have done research on robo-advisors but no prior experience.

P. S: If only I have capital to start :(

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

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Yes for robo has currency impact , but the returns on long term also higher minus some of the currency impact. You can reduce that impact by deposit and invest in USD for Stashaway allow for min 10k USD.

https://www.stashaway.sg/faq/360001224533-what-...

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