I'm 29 yo with 50k cash. Should I go for Robo or DIY? My friends are using both (Robo/StashAway + DBS Vickers/ Tiger etc.)?

My goal is to be able to buy a house at around 35 yo. Not much experience in investing, only invested in Crypto. Thank you in advance for your advice.

The cash is after
✅ Bought insurances
✅ Bought 2 endowments (10% of pay)
✅ Save 12 months total expense

Discussion (14)

What are your thoughts?

Learn how to style your text

Jing Wei

31 Dec 2020

Are you interested in learning about investment? If yes, DIY will be better. You can check out ETFs, it is simple and suitable for most people.

Robo advisor charges a fee, this will eat into your profit significantly in the long run. If you do not want to learn about investment, robo will be better.

You can always use both. Personally, I do both DIY & Robo too.

Save

View 1 replies

Bernard

27 Dec 2020

Hi there! You may want to explore
https://www.tfxi.com/fund-management

Personally I invested for 2 years already and the return is like 8% of your invested sum per 5 weeks. I think its quite good compare to others.

Just let me know if you want to know more about it.

My referral code is
https://www.tfxi.com/ib/2306891

Save

Fong Koon Kit

25 Dec 2020

DIY in growth investing will be your best choice for your age, I'm 30 this year. :D My fiancee used to be only invest in REITS for a few years but this year she liquidated everything and put into US stock markets on good quality companies, her returns now are 3 times my annual salary. @_@

With endowment plan, Robo investment, you can never get that kind of returns.

but of course people will say its risky. But what is worse? Losing a 10k in capital or the opportunity to 10x your capital?

My goal is to be microcap investor in future ;)

Some of the youtube channels we follow:

https://www.youtube.com/channel/UC0OnreqP55xLpA...

https://www.youtube.com/channel/UCi2G5aQTN0YwGI...

https://www.youtube.com/channel/UChgGwuBrDGgjsx...

https://www.youtube.com/channel/UCK-zlnUfoDHzUw...

https://www.youtube.com/user/trevtrew/videos

https://acquirersmultiple.com/2020/11/alta-fox-...

Cheers,

Save

View 3 replies

myfinancemarathon

25 Dec 2020

Given that you just started investing, I highly recommend you going with Robo-advisors with a global portfolio. This will give you a more diversified portfolio and greater growth potential.

I personally have investments in 3 of them namely Syfe, StashAway, and DBS DigiPorfolio. I do monthly updates on my portfolio returns so you can take a look here.

That being said, if you are interested in DIY, you can start with a small capital first. If you manage to beat the returns on the Robo-advisors, then you can consider employing larger capital to it.

Save