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Anonymous

24 Jul 2020

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What's the best robo-advisor for a beginner investor to use?

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NK

24 Jul 2020

Personally I only use StashAway and have never tried any others before, but so far it’s not bad. The app is user-friendly and all the details are shown clearly so I’d recommend it for beginners - it’s how I began my investment journey too.

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As a new investor, should I purchase ETFs using POSB invest-saver or using Robo-advisors (Stashaway/Smartly)? If I use robo advisors, will the returns be lesser/affected due to currency impact?

Is it ok to invest using multiple robo-advisors or better to stick to maybe just 1 (or max 2) ? I am a new investor and have currently invested into 3 robo-advisors. What are your thoughts?

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