facebookSyfe vs Diy etf - Seedly

Advertisement

Jun Loh

10 Aug 2021

Robo-Advisors

Syfe vs Diy etf

Have been using syfe for 6months. The fee waiver is gone soon. Started using syfe when I'm still new to investing and after learning more about investing, not sure whether to shift from syfe to diy etf or continue using syfe? Currently syfe around +10%. Any can enlighten me on the exact syfe fees?

Discussion (6)

What are your thoughts?

Learn how to style your text

Syfe management fees is 0.65%.

I think it'll be good for you to try DIY-ing an ETF portfolio but that doesn't mean you have to completely ditch your Syfe at this moment. Moreover its only been 6mths into Syfe, I believe itls too quick to make a judgement on Syfe's performance (should give it at least 5yrs). Do also consider if you're confident that your returns from your DIY portfolio can beat that of Syfe's.

TLDR, try DIY-ing yourself but dont be so quick to cash out of Syfe.

Ngooi Zhi Cheng

11 Aug 2021

Student Ambassador 2020/21 at Seedly

I personally feel that you can take your time with your DIY ETF investing. Have you thought up your intended ETF portfolio? A good setup can be based on Boglehead style investing.

You can refer to this style here: https://www.bogleheads.org/wiki/Lazy_portfolios

What I would do would be to shift my certain intended investing cashflow towards building up money for DIY ETF investing (To be done annually) while maintaining a certain amount to Syfe for Monthly DCA

View 1 replies

Tan Choong Hwee

11 Aug 2021

Investor/Trader at Home

Syfe management fee is 0.65%:

https://www.syfe.com/pricing

You don't ditch robo advisor simply ...

Write your thoughts

Advertisement