Advertisement

Suren Jayasundar

20 May 2021

∙

Even the lowest-cost robo advisor charges 0.5%/year on your portfolio. That means at $33k portfolio value, you're paying $120 (USD)/year on your portfolio.

At that point, it seems more cost effective to DIY (perhaps thru IBKR). If one feels ready to invest on their own at this point, is there any value to continue robo investing after this point?

3

Discussion (3)

What are your thoughts?

Learn how to style your text

Benny

22 May 2023

There are institutional funds and rebalancing options offered by robo-advisors.

Reply

Save

Tan Choong Hwee

20 May 2021

Investor/Trader at Home

Cost matters, but it is the net returns that counts. I prefer investing in roboadvisors to secure baseline returns, and allocate some % of my capital to DIY investing for the thrill of picking multi-baggers.

Reply

Save

Glenn Chua

20 May 2021

There's always a price to pay for everything. Robo-advisor companies need to make money too....

Write your thoughts

Related Posts

Who pays for the spread and expense ratio if you invest in robo advisors like Stashaway? I understand they charge a 0.5% management fee, are there hidden costs like the spread and expense ratio that Stashaway is not making clear to investors?

If I have access to a low cost broker and am comfortable purchasing ETFs that track MSCI World, and don't mind the 5mins to rebalance my portfolio every half a year, what's the benefit of robo-advisors such as AutoWealth?

My unit trust income portfolio started 5 years ago is currently 8% in the red. Should I wait for it to break even, cut loss for all or maybe half and invest with e.g. Robo Advisor for better returns?

Hi Community, if I have $100 USD to invest each month, would it be better to invest in a S&P500 ETF or a Robo-Advisor portfolio like Syfe?

Hey gurus, I'm currently reviewing and consolidating my portfolio for the year. I'm planning to reduce my reliance on robo-advisors but it's difficult to re-enter the market at the current high prices?

Related Products

StashAway

4.7

1293 Reviews

StashAway Simple Guaranteed 3.55% p.a. (Guaranteed rate)

Cash Management

INSTRUMENTS

None

ANNUAL MANAGEMENT FEE

None

MINIMUM INVESTMENT

3.5%

EXPECTED ANNUAL RETURN

Mobile App

PLATFORMS

Endowus

4.7

658 Reviews

Syfe

4.6

933 Reviews

Related Posts

Who pays for the spread and expense ratio if you invest in robo advisors like Stashaway? I understand they charge a 0.5% management fee, are there hidden costs like the spread and expense ratio that Stashaway is not making clear to investors?

If I have access to a low cost broker and am comfortable purchasing ETFs that track MSCI World, and don't mind the 5mins to rebalance my portfolio every half a year, what's the benefit of robo-advisors such as AutoWealth?

My unit trust income portfolio started 5 years ago is currently 8% in the red. Should I wait for it to break even, cut loss for all or maybe half and invest with e.g. Robo Advisor for better returns?

Hi Community, if I have $100 USD to invest each month, would it be better to invest in a S&P500 ETF or a Robo-Advisor portfolio like Syfe?

Hey gurus, I'm currently reviewing and consolidating my portfolio for the year. I'm planning to reduce my reliance on robo-advisors but it's difficult to re-enter the market at the current high prices?

Advertisement