With $100k in StashAway and looking to investing another $100k, should I invest the rest in StashAway or go with another robo-advisor to diversify risk?

Some context: In my 30s and DCA-ing with StashAway. Currently have ~100k there but looking to invest another 100k.

Am happy with the current performances of both my portfolios with StashAway (~30-40% time-weighted returns at 30% risk index). I have topped up my CPF to the current FRS, and set aside enough emergency cash.

I also have another 200k in SSB, short-term endowments and ETFs via DBS Invest-saver. As my portfolio is rather bond / cash-heavy at the moment, am looking to take more risks with the remaining 100k.

Should I stick to just StashAway or go with something else to diversify risk?

Discussion (1)

What are your thoughts?

Zac

30 Jan 2021

Level 12·Noob at Idiots Invest

Stashaway's portfolios do comprise some bonds, and since your portfolio is already bond heavy, you may not want to top up Stashaway.

Consider another digital advisor which offers 100% equity based portfolios and lets you take on more volatility for higher returns. Syfe and Endowus are popular, but there are other options out there too.

An alternative is to look at the ETFs you're holding with DBS and go for ETFs that give you different exposure. If, for example, you have holdings in STI ETF, look at an ETF that will give you exposure to US, China, UK, global markets, etc.

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