facebookI am considering Endowus but it needs to start at min 10k using CPF and monthly RSP for 10 to 15 years. With current Covid-19 market conditions and going down the road, should I wait for months to see and start later? - Seedly

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RC

18 Jul 2020

Robo-Advisors

I am considering Endowus but it needs to start at min 10k using CPF and monthly RSP for 10 to 15 years. With current Covid-19 market conditions and going down the road, should I wait for months to see and start later?

Looking into EndowUS, as need to start at min 10k and monthly for 10 to 16 years. With current Covid-19 market condition and going down, should start later ?

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I recently became a victim of an investment-related scam, resulting in a loss of $100,000. These fraudulent operations often start with a small deposit—such as $500—and gradually escalate their demands, using deceptive promises and operating without transparency or accountability. While online reviews can easily be manipulated, I was fortunate to receive guidance from a specialist who helped me navigate the recovery process.

If you’ve encountered a similar situation, don’t lose hope. You may contact Mrs. Doris Ashley for support:
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Most importantly, always perform thorough due diligence before committing to any investment. Your financial security is paramount—stay vigilant, stay informed, and protect yourself from emerging cyber-enabled threats.

RSP only works if you remove emotions from the plan. Add in timing and the plan will fail. Start out with what is comfortable for you, and stick to it.

Shengshi Chiam, CFA

18 Jul 2020

Personal Finance Lead at Endowus

If you can commit to investing consistently in the next 10 to 16 years, and to put in a significant ...

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