Advertisement

Anonymous

20 Jun 2020

∙

General Investing

I have $3000-$5000 spare cash and want exposure to global markets (esp US and China). I'm also saving up for a wedding/house over the next few years. Should I invest with roboadvisors or DIY?

US brokerages like IB are affordable but only when your investment amount hits $100k. I've looked at SAXO for DIY but it seems that the transaction/custodian fees are quite expensive given that I intend to execute trades perhaps quarterly or so, with low capital. Hence I'm wondering if cost wise, I should just go with a robo (looking at Autowealth) for a fuss free, low cost way to gain exposure to global markets. Thanks!!

1

Discussion (1)

What are your thoughts?

Learn how to style your text

YT

20 Jun 2020

It would depend on how much time you are willing to spend. Autowealth has a globally diversified portfolio of equities and government bonds and you will not need to select your funds and balance it out. DIY allows for more control, good if you know what you're going for, but this will take more time.

This $3-5k that you are investing should not be part of the money for housing. If it is, it is better to put into capital/return guaranteed instruments for more security. This can include high-interest savings account, fixed deposits and short term endowment plans.

Reply

Save

Write your thoughts

Related Posts

Hi, i’m currently serving national service with about $500-1000 of spare cash. I’m looking for short term investments. any suggestions? I’m also currently investing in etherum. any thoughts?

Couple 47 this year, just fully paid our private property (worth ~SGD 2.0M) and years ago, HDB (~SGD 0.5M). Hit our CPF > FRS and cash savings about SGD 0.5M. What should we invest on? no decoupling.

For cash management accounts like endowus and stashaway they mostly invest in lion global money market funds Would it be better to invest directly in lion global and save the roboinvestors mgmt fee?

I’m a year 2 University student and I’ve $30k savings. I really want to invest the money instead of leaving them in the bank however I’m overwhelmed with school. Any advice?

Hi! I’m planning to put aside $1k-1.5k per month to invest in stock market. Any recommendations where I can read up and invest into? Thanks! (Can put in for long term, no need for next 20-30 years)

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

Moomoo Singapore

4.7

482 Reviews

Endowus

4.7

658 Reviews

Related Posts

Hi, i’m currently serving national service with about $500-1000 of spare cash. I’m looking for short term investments. any suggestions? I’m also currently investing in etherum. any thoughts?

Couple 47 this year, just fully paid our private property (worth ~SGD 2.0M) and years ago, HDB (~SGD 0.5M). Hit our CPF > FRS and cash savings about SGD 0.5M. What should we invest on? no decoupling.

For cash management accounts like endowus and stashaway they mostly invest in lion global money market funds Would it be better to invest directly in lion global and save the roboinvestors mgmt fee?

I’m a year 2 University student and I’ve $30k savings. I really want to invest the money instead of leaving them in the bank however I’m overwhelmed with school. Any advice?

Hi! I’m planning to put aside $1k-1.5k per month to invest in stock market. Any recommendations where I can read up and invest into? Thanks! (Can put in for long term, no need for next 20-30 years)

Advertisement