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Just Being Ernest
Content Creator at www.youtube.com/c/JustBeingErnest
Am considering to start an income portfolio via roboadvisor due to the diversification it provides, the access to funds that retailers can't access directly or require minimum amount, and the convenience of not having to need separate funds to invest in the different funds.
There are factors to consider like risks, returns, funding of company, track record, fees, ease of use, etc
For those who are already using such roboadvisor or have invested into these income portfolios, what are your thoughts or opinions about such income portfolios?
Endowus: https://endowus.com/income
Stashaway: https://www.syfe.com/income-plus
Syfe: https://www.stashaway.sg/passive-income-portfolio
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Tony
14 May 2024
Computer Engineering at Nanyang Technological university
I am invested in Syfe income+ enhance. so far ok, consistently paying about 5%/12 per month. As the FED seems to signal no rate hike for now, the price has been quite stable.
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The composition and fees are different for the 3 roboadvisor so please check which one you are most comfortable with.
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I am invested in all equity or cash smart only. Investing in reits to get some income.