Asked 3w ago
Please also detail how much the % returns and management fees of each platform’s high risk portfolios and also if you have any other robo advisors that would be better suited for my risk appetite? I prefer lowest management fees and highest interest rates as possible. Please advise. Thank you.
Hmmm my suggestion would be why not diversify and split into different Robo Advisors like SYFE and Stashaway.
You can try the SYFE's Equity 100 , SYFE's 25% risk level and also Stashaway's 36% Risk index profile.
Another option would be one of the hottest US stocks now, TESLA. Maybe you can diversify abit into TESLA too?
You might want to re-evaluate your risk appetite. Robo or equity investment is not a comparable product than Singlife saving plan, the big difference is low guaranteed return vs high non guarantee return.
Invest in equity market gives higher return, however, this comes with a risk of losing your capital. Ask yourself if you are comfortable to see your 10k capital drops to 7k at one point of time, can still sleep well at night, and even inject additional fund for dollar cost averaging.
I'm assuming "high risk" = 100% equities.
Endowus (100% equities or choose equities only in FundSmart) and Syfe Equity100 suit your risk appetite. Fees are somewhat comparable but the funds they invest in are different, so the all-in-one fees and dividend taxes are different.
As for Stashaway, even at the maximum risk appetite, there's still stuff like Gold. And the fees for Stashaway are higher for low capital (stacked instead of tiered fees).
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