The interest you incur on your borrowings is guaranteed.
Investment returns are not.
Thus I wouldn't do so. 12.8% is really quite extreme. Even borrowing on margin for investing does not incur that level of interest in SGD terms. If you really wanted to borrow to invest, just do it on margin. Financing rates are going to be <3%
Never borrow to invest.
Borrow -> confirm lose money (interest)
Invest -> potential to earn but never guaranteed
Never ever borrow to invest! This is something reiterated by Warren Buffett because borrowed money = leveraging and when you leverage, your gains and losses are both pronounced.
Would never recommend investing using leverage. Invest at your own caution.
Just my 2 cents!
Well, if your bullish conviction is so strong, why stop at robo advisor (you don’t have control over your money, and it barely covers the borrowing cost, assuming s&p 500 2020 return of 18%, i’m not comfortable earning a marginal 4-5% p.a. by borrowing at 13% 😂)
You can do options trading or bitcoin the least.