facebookNegative returns in a robo advisor acct for close to 2 yrs. Do I withdraw and reinvest in another portfolio or continue to top up - Seedly

Anonymous

29 Sep 2021

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Robo-Advisors

Negative returns in a robo advisor acct for close to 2 yrs. Do I withdraw and reinvest in another portfolio or continue to top up

Since Nov 2019, I deposited $200 SGD every month with a general portfolio. Til date, I keep seeing negative returns reflected in its performance. Should I withdraw all the amount and re-invest in another portfolio or make a bigger top up amount and hope the returns can change to positive? Appreciate if can share your experiences. Thanks

Discussion (4)

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Likely your Robo Advisor invest in the wrong portfolio, other robo advisors such as endowus & autowealth are doing well for their investors

Tan Choong Hwee

30 Sep 2021

Solutions Specialist at Providend

Actually more importantly is to look at the investment strategy of the robo advisor and their portfolio construction. Why do they invest in country like China or sector like tech? How do they manage risk? What is their asset allocation?

Hmmm it depends on the portfolio that you are investing in. If it’s a full equity portfolio then you...

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