Asked on 19 Jun 2020
Use Endowus to invest spare cpf monies that you are comfortable with the risk, could be any amount post $20k/$30k/.../$Xk.
I would opt out of the POSB invest saver, index investing via STI is just a convenient marketing narrative for banks to encourage you to invest your monies via them.
Looking at it from an Endowus vs Autowealth angle, we are
using SGD hedged bond funds instead of USD bond funds, subjecting you to know FX risk for fixed incomes
allowing you to invest CPF, SRS and cash in 1 portfolio
using estate tax and dividend withholding tax efficient instruments
I think largely Autowealth investment philosophy is the same as ours, so you can make a choice based on the above.
" The AutoWealth portfolio tracks the MSCI All-Country World Index and the FTSE World Government Bond Index. " The porfolio is already diversified globally so there is no need to further diversify, unless you wish to reduce the weightage on US.
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