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Anonymous
Would this strategy works? If so, which robo is best suited for scenario like this?
My endowment is about to mature and was wondering what would be the best passive investment approach I could take.
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Alex Chua
10 Jul 2020
Seedly student Ambassador 2020/21 at Seedly
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The idea of passive investing is putting your money in funds and not do anything with them. Thus, I hope u refined your question.
Roboadvisor helps you to reinvest your dividends. The idea of robo advisors is to do a DCA and ignore them. If you would like to withdraw yearly, nothing wrong with that but you may sell at a lower price.
You mention that you need the funds for daily expenses. Here are some approaches :
In conclusion, look at your current and near future spending(3-6months),
Allocate emergency funds, the balance will then be your investing funds