facebookHelp. I am seeking advice from you all. I would like to invest more starting 2021. Currently I have pulsar, Syfe, pru wealth and small amount of Apple stocks? - Seedly

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Anonymous

08 Jan 2021

Robo-Advisors

Help. I am seeking advice from you all. I would like to invest more starting 2021. Currently I have pulsar, Syfe, pru wealth and small amount of Apple stocks?

I would like to invest more and I’m looking to invest both long term and short term. Should I engage a financial advisor? Recently someone from AAG approach me or should I put more in robo? I have not much knowledge and no time to monitor too.

My budget is about $60k. Thanks everyone

Discussion (2)

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Hi there,

There are a variety of platforms out there for you to consider. For starters, the easiest and probably the best way for people starting out to invest is to diversify It through the use of funds, which is a basket of companies.

The next thing for you to consider is the mode. If you fancy a human touch, do start out with a human advisor first. That usually is a recommended first step because while you're opting for other platforms, the human advisor is also available to guide you on your investment journey. The next mode for you to consider are roboadvisors. They typically craft out your portfolio through the use of algorithm depending on your risk appetite. For most people, it shouldn't be an either-or but you can have multiple platforms to diversify out.

Ultimately, do seek out a licensed financial advisor to explore your options since the information online can be overwhelming. All the best.

Financial planning is an integral part of life. You can reach me here to find out more.

Robos are good for ppl with no time to monitor. During sign up, u just need to answer few questions to determine yr risk level. then u set up one lump sum and/or monthly contribution. Thats all. only need to review yr risk level every 6mths or 1 yr.

yr pulsar, pruwealth if suddenly not happy want to terminate will hav permanent capital loss. somemore if u look at the deductions amount. probably u are paying yr agent 1/3 of yr potential investment value. Why waste these kind of money? Robos are much cheaper and flexible. u can invest for any length of time.

since u alrdy on syfe, u can choose to invest more with them. but if u like to try out another robo, DM me for a referal code. ​​​

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