Anonymous
What is a good amount to start for Endowus CPF investing?
Some people say $10k is a good amount to start Endowus CPF investing, I understand that lump sum is usually better. But if I can only afford a few hundred a month, what is a good amount to start with?
11
Discussion (11)
Learn how to style your text
Reply
Save
Endowus
13 Dec 2020
Hi, any amount above $500 for a recurring investment will be reasonable.
Assuming a 6% returns per annum on a balanced portfolio, a $500 portfolio will earn roughly 0.5% returns per month, which means you get around $2.50 returns, offseting the agent bank charges. Hope this explains!
Reply
Save
No harm starting with that. Just bear in mind there are transaction fees per trade. So cost/fees per...
Read 3 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Products
Endowus
4.7
656 Reviews
Endowus Cash Investments Portfolio
Equities, Bonds
INSTRUMENTS
0.25% to 0.60%
ANNUAL MANAGEMENT FEE
$1,000
MINIMUM INVESTMENT
N/A
EXPECTED ANNUAL RETURN
Web and Mobile App
PLATFORMS
StashAway
4.7
1293 Reviews
Syfe
4.6
930 Reviews
Related Posts
Gd news! For the month of February 2021 - i trust most robos will follow suit, Endowus will lower the minimum investment requirements from $10,000 to an auspicious $888 to celebrate the Lunar New Year. Get started by investing your ang pao money! https://endowus.com/insights/chinese-new-year-p...