Asked on 03 Jul 2020
Stashaway recommended me a portfolio (where my risk index is 12%, and most of the assets allocated is corporate bonds and real estate). For now i only deposited one time $100. Looking to deposit in more in the future.
Just curious if I can actually invest in a specific ETF that I'm interested in apart from the recommended portfolio they given me? and is there any ETFs that u can recommend me too? Thank you
Kenric Tan, Financial Planner at Great Eastern Life
Updated on 04 Aug 2020
Robo is a good way to gain exposure to ETFs
I don’t put my money with stashaway. I put it with syfe and Kristal.
I’m assuming that you already done some form of risk planning (setting aside emergency fund, upgrading your hospital insurance coverage and other insurances)
If you have already done the above. My advice to you is to take your time to learn what kind of investor you are. You will make bad trades, you will lock in bad positions and you will fail at least once or twice.
But once you’ve figured out your framework that you are comfortable with and are in line with your financial goals that you are working towards, you will start to make consistent gains bud!
TLDR - Do risk planning first, discover what kind of investor you are and stick to the plan that you have made.
If you’re ready to have a talk and want some professional advice contextualised to your specific situation, I’m contactable at 8666 2197.
Reach out to me, I’ll be happy to assist!
Best of luck bud! 😬
Hi anon, SA doesn't allow their users to choose specific ETFs. If you want to choose specific ETFs using a roboadvisor, perhaps you can consider Kristal. They offer quite a number of ETFs and you can decide which ETF you would want to go for after doing your research. There's no charges if your portfolio is below $50k.
Alternatively, you may also look into FSMone RSP and see if your specific ETF is on the list.