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Anonymous
I work in cybersec, thus why the time I have is quite tight. I’ve been looking at Robo advisors but unsure which provide the best returns in a 9-10 years period of time. I’m also open to other ways to invest, but the fee structure and the terminologies used have always been quite confusing to me. Would anybody be able to advice? Thanks! Also, I’m intending to place a lump sum followed by doing DCA monthly, if that helps
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James Yeo
10 Mar 2023
Editor at SmallCapAsia.com
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Hi Anon,
For passive investing, my advice is as follow
1. Regular Savings Plan, if you do not have sufficient knowledge and confidence to start picking individual stocks yet, start with RSP, it will not go wrong. I'd suggest go with FSMOne RSP as they have the lowest fee and provide the most options. You can DCA a couple hundreds into each of them every month - iShares FTSE A50 China Index ETF, Vanguard FTSE Emerging Markets ETF, iShares Core S&P 500 ETF, Fidelity® MSCI Information Tech ETF (note: these are my choice, you can choose other ETFs that you personally like)
-Money, and financial freedom, is a skill-
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May I know if there is any difference between investing in Class C shares in mutual funds vs robo advisors? Given that they have similar expenses and returns?
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It is better to set up structures for your cashflow to ensure that you have a disciplined way to invest your money.
https://www.aaronleow.com/wealth-projection-cal...
You can use the above to calculate your budget allocation for equity, based on the end wealth you want. When done passively and disciplined through DCA, your return over 25 years will be substantial. Take a percentage of your monthly income, as that will be scalable as your income grows in your career.
9-10 years is a decent mid-term horizon to get returns from the equity market, if you are able to bear fluctuations and extend your term by an additional 5 years in an event of a market crash, you should definitely be looking into equity.
StashAway is a pretty good Robo-Advisor as their fees are decent. I do find their structural portfolios attractive. You could look into other Robo-advisors listed here as well and read the reviews on what other users have commented on.
Disciplined investing timing. A combination of both DCA, as well as lump sum, is a wise approach.
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Carlin Tan
02 Jun 2020
Engineering at NUS
Hi Anon,
Most robo advisors have a regular savings plan that only require you to apply for standing...
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You can check out this video https://www.youtube.com/watch?v=vJBWgS-JRtg&t=16s for 4 easy passive investment methods as well as their pros and cons.