CHECKING SQUIRRELSAVE ROBO AI - BETTER TO USE AI TO INVEST THAN HUMAN EMOTIONS?

Came across Squirrelsave. Does not seem as visible as the others. But took a closer look - and it seems to be 100% AI. Investment performance by its AI is actually impressive. So dug further.

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Learnt a few things. Sharing here some thoughts as I am feeling lousy when I look at my investments. Everything is red because of this horrible Russian invasion. Sigh. But read the Squirrelsave blog about realised and unrealised gains/losses – and it makes sense.

https://squirrelsave.com.sg/blog/realised-and-u...

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In summary, when we look at our investments as it moves up or down, it’s just a number until we decide to sell. When we sell, the gain or loss becomes real (or realised). Until that happens, it’s unrealised.

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What I learnt is that when markets are bad, I feel lousy looking at the loss. But hey! It’s not real until I sell. Of course, I remember how good I felt when I used to see big gains in my investment. But as SquirrelSave rightly says, how come I never sell when I am making money? Instead went to spend more money because I felt richer? Hmmm....that's true. Spending money which i did not actually take out from my investment. Squirrelsave says human emotions messes up investment behaviour. Guess that’s true.

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Squirrelsave claims to be fully AI-driven and therefore, no human emotions. Must say it seems compelling. But they are not as visible as the other robos. Seems they are not spending much on marketing. But their results seem pretty impressive. Actually, seems better than Stash, Syfe or the other Endow in 2021.

https://squirrelsave.com.sg/blog/squirrelsave-f...

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Then I read their latest Mar 2022 update. Wow! Even with the Ukraine war, Squirrelsave managed to squeeze more than 3% in Feb alone. Ah! But this is for their conservative portfolio. Seems their AI is protecting the downside for the lower risk portfolios. Not bad, I guess.

Apparently, the AI switched into big positions in Gold and commodities in Jan 2022. That’s before the Russian invasion started. How did the AI know? Hmm…..

https://squirrelsave.com.sg/blog/squirrelsave-b...

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Also read their later 3 Mar 2022 update which looked back at the Squirrelsave AI decision in Jan 2022.

https://squirrelsave.com.sg/blog/insights-into-...

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I had to read it twice to understand, but it is quite impressive how the AI can make such a switch for the conservative portfolio. Never thought I would even do such a thing. Guess I am still human. Lol!

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But on 11 Mar 2022, Squirrelsave shared that their conservative portfolio rose 3.6% in Feb 2022. I also see their Balanced and Growth grew 3% and 1.2% in Feb 2022.

https://squirrelsave.com.sg/blog/squirrelsave-c...

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Quite impressive – beating the other competitors. But I see the Squirrelsave higher risk portfolios still negative in Feb 2022 – but small negative. Will be worth tracking to see if the high risk Squirrelsave portfolios can continue and turn positive in the next month.

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Anyway, just sharing. If your investment is also negative, don’t feel alone. Hold tight. Hope the war can stop. Sad to see so many people suffering and fleeing. My investment losses don’t seem so bad compared to what they are going through. Oops, must remember – it’s UNREALISED losses. Anyway, peace to all!