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Anonymous

05 Jul 2019

∙

Is Robo Advisory best for me? I am a foreigner in SG on EP (aged 36) and would like to invest 20K for 1 year.

This could be extended to 3 years depending on my EP renew condition. Apart from this 20K, I have sufficient emergency fund, pls advise what is my best option. I am a total newbie to investments so should I opt for Robo Advisiory like Stashway, Autowealth etc. Thank you in advance!!

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K C

27 Dec 2023

Just do SP500 etf. Robo sometime anyhow one. Waste time

SP500 etf is a proven strategy that has a history since 1930 that give annual average compounded return is 9%

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Siow Nan

05 Jul 2019

E at NUS

A roboadvisor may be useful for Dollar cost averaging over a long term period.
Maybe for a start put your savings in a high interest rate savings account first while you explore various options. Your 1-3 years investment horizon is pretty short and you need to weigh that against your risk appetite

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Sebastian Sieber

18 Jun 2019

I think a Robo Advisor / Digital Wealth Manager is still a good choice for you.

I agree with the o...

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