I have been investing into the active market for a few years or so, but I do hear from friends about RoboAdvisors. What would you advise if I have some dry powder that I plan to diversify? - Seedly
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Anonymous

Asked on 06 May 2020

I have been investing into the active market for a few years or so, but I do hear from friends about RoboAdvisors. What would you advise if I have some dry powder that I plan to diversify?

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Hello there Anon! You can definetly try it. I am also investing into the active market for the past 2 years and something has always been lacking. Robo filled that gap for me when stocks are overvalued and a place for me to put extra spare cash rather than to collect dust in the banks.

I actually wrote an article regarding Syfe vs Stashaway which you can check out here. Likewise, I have a few other articles covering Syfe as a suitable investment if you are starting out with less than 20k :-) If you have more than that, then read the blog post and make your own choice! Cheers and happy investing!

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Amelia Leow
Amelia Leow
Level 5. Genius
Answered 2w ago

I personally enjoy using a roboadvisor (Stashaway) because it gives you a relatively broad market exposure with no / very low minimum balance (depends on your roboadvisor)

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Yh.lens
Yh.lens

2w ago

Welcome! The referral code can be found through my article here: https://investingbeanstalk.wordpress.com/2020/07/23/syfe-are-they-worth-investing/
Amelia Leow
Amelia Leow

2w ago

Thanks, this is so helpful!
Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Updated 2w ago

I would not use actively managed products nor robos. you can successfully do at least as well as those with a buy&hold passive ETF only strategy on your own.

like written up here:

https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy​​​

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