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Anonymous

11 Jun 2020

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Is RSS similar to robo investing? I am looking to save up for retirement but portion of my income has already been put into DBS digiportfolio monthly. Should I switch?

RSS vs Robo investment. Are they similar? Which has better compound interest towards my retirement savings?

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YT

11 Jun 2020

Compared to robos, RSS are not risk-tailored and do not allow for re-optimisation.

RSS is allows for regular investment to a fund or stock whereas robos provide some advisory services. With robos, you can indicate your risk profile and the algorithm will formulate an asset allocation for you. In contrast with RSS, you have to choose what you want to invest in.

If your RSS allows for dividend or coupon re-investment, then compound interest is able to happen.

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