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Anonymous
Assuming I want to put the whole sum entirely in 1 robo-advisor, which will be the best one to choose and why?
I have a sum of 150-200k that I like to put into growth.
Also some parameters - investing for short to mid term - 10 to 15 years, no need to draw down.
Why I choose robo - the auto rebalancing, exposure and relatively passive way. Prefer not to DIY as my ROI on my time is higher on my day business.
What considerations will you have?
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Gabriel
27 Nov 2020
Undergraduate at National University of Singapore
Hey Anon, I'd recommend either AutoWealth or Endowus! I shared the reasons in a separate question/answer here -
AutoWealth: https://seedly.sg/questions/anyone-here-invest-...
Endowus: https://seedly.sg/questions/should-a-student-in...
If I were in your shoes, I would want my money to be held in a separate custodian account in my own legal name, especially for a huge sum like yours.
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Jiayee
27 Nov 2020
Salaryman at some company
Would go with Endowus since it can be a one-stop platform for cash, CPF, SRS investments....
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Hi there,
I would say all of the roboadvisors out there are pretty good. I personally have investments in 3 of them namely Syfe, StashAway, and DBS DigiPorfolio.
I do monthly updates on my portfolio returns so you can take a look here.
With the huge amount you have, I do recommend spreading across a few of the roboadvisors instead of concentrating all into one.