Asked 3w ago
Looking for advise on portfolio weightage, Planning to DCA for a long time frame of min 15 years.
Hi Abdul Hafiz,
I could share my little experience with you. I have been investing in both Stashaway and Autowealth since 2018. Autowealth - I had 60/40 portfolio and SA - I have 16% and 30% risk index pfs.
I understand that it might not be a fair comparison - however, so far, my returns in SA beats Autowealth. My 16% pf in SA is giving me money-weighted return of more than 10%.
I think at the end of the day, the platform fee only plays a small factor (so, think long term! 15 years would be a good time frame) After all, we would prefer a platform with a strong investing methodology and able to generate decent returns for us :)
Hi Hafiz, I'm worried that you might not know Singapore's roboadvisors do not offer halal investments. Means you profit is immediately Haram and your capital is also at risk.
Try to look up Islamic fintech instruments. Learn from Islamicmarkets.com, follow [email protected] on IG.
Islamic option to roboadvisors is wahed invest. Islamic instruments are closer to Social Responsible Investing - which performs better than general stocks.
Peace be upon you. Hope this finds you well.
You can consider full equity if you have no plans to touch your funds for 15 years. Just keep in mind that returns are not guaranteed when you do so and do your risk management for your portfolio from a holistic standpoint.
I'm not a huge fan of bond markets, especially if I am going to hold it for 15 years. Endowments give me guarantees and that time frame is suitable and comparable to bond funds.
Autowealth might be cheaper if you plan on putting in 4k per month - 0.5% pa + 18 USD platform fee. Can consider 60% stocks 40% bonds or 80% stocks 20% bonds if you're putting in for the long term.
Syfe is another alternative you can consider since its 0.5% pa for 20k and above. You should take a look at their strategies and see which one you're more comfortable with.
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