Opinion on Syfe

Hey there! Most roboadvisors have no minimum investment requirement, so they're a pretty good to place to start. If you want a handy overview of Syfe's 7 portfolios, do check out our review here: https://the-frugal-fox.com/2021/06/27/how-to-ch...

Simple, diversified, low cost. Good place to start.

Opinon: Should take syfe Equity 100.

Reasons: The volatility is the metric used to quantify the risk or in statistical term, standard deviation. However, volatility is not the risk. The risk is when you sell you investment when market dip due to fear & lose money.

Higher volatility usually come with more gain in long term & if you plot the charts together they will move in the same direction, the different is just the magnitude.

You need your investment to compound over time and We dont have alot of 10 years to let it compound. Thus choose the portfolio with max growth potential, embrace the volatility and you will reap great reward.​​​

I think Robo-advisors are a great way for beginners to get started on their investment journey. Syfe & Stashaway are the more popular ones as their user-interfaces are rather user friendly and there is no minimum amount so you can even start by just DCA-ing $100 a month. If you’re still young and have a longer leeway to go, I would recommend SyfeEquity100. However, if you prefer a more balanced & less risky portfolio, you can consider Syfe Core Balanced/Defensive. Or you can consider Stashaway too as they let you choose the risk index.

Most robo fees are reasonably low, comparing portfolios is like apple to oranges so I wouldn’t go into too much details.

Personally I like Syfe for their speedy funding turnaround time. You can top-up by 11am daily and it’ll be invested by end of the same day. And their SREITs portfolio is also a decent and unique proposition for beginners.