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Robo-Advisors

Stocks Discussion

Investments

Value Investing

National Service (NS)

Online Brokerages

AutoWealth

S&P 500 Index

20 years old and enlisting soon. I have saved up a sum of $5,000 for investment and I will be saving up $1,000 every month for DCA/investing purposes. How should I go about my investing journey?
Tay WenHao
Tay WenHao
Top Contributor

Top Contributor (May)

Level 7. Grand Master
Answered 2w ago
Hey bro. Good to see you starting your investing journey early. I would be glad to share some of my experience and tips. Before you start investing, I hope you set aside a sum of emergency fund. Even though it seems irrelevant/insignificant for our age, it's important in the event of a further economic downturn. It will help in giving you the 'holding power' instead of getting forced to sell your shares at a loss. In this period of pandemic, its hard to predict whats next. Do not ever assume its the worst now. Moving on to the main question, I am curious how would you be saving that extra $1000 per month after enlisting? Since NS allowance is only around $500-$1000, its almost impossible to save up $1000/mth consistently. It is important as it might affect the way you DCA into the market. Next on stock picking, if you are new, I wont suggest you to go into specific stock picking. I'll suggest you putting that 5k into robo advisors directly.
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AutoWealth

Robo-Advisors

Investments

It seems like Autowealth is not getting a lot of coverage - why is this so?
Heng Kai Le
Heng Kai Le, Mondomover at School Of Life
Level 6. Master
Answered 2w ago
Maybe because they only have a 4-man management team? another reason could be because their barrier to entry is higher - you need to have a minimum of $3k before you can invest with them Turtle Investor is their keen advocate though. (sign up using his referral code and you will get $20). he blogs quite regularly about AutoWealth: https://www.turtleinvestor.net/autowealth-expected-to-be-profitable-in-q3-2020/
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Robo-Advisors

Investments

Coffee Meets Investing

AutoWealth

Can use SRS for AutoWealth?
Tai Zhi
Tai Zhi
Level 6. Master
Answered on 10 Jul 2018
Unfortunately, AutoWealth only accept cash investments at this moment.
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Family

Investments

Robo-Advisors

StashAway

Syfe

Kristal.AI

Endowus

AutoWealth

I am thinking to set aside $50 to put into robo-advisors for fun to invest for my mum. Should I do it? Which one should I choose?
Junior Loh
Junior Loh
Level 4. Prodigy
Answered 2w ago
I believe that $50 is really too little for DCA to see much of a difference. The costs would probably be of a greater concern. If you really want to go ahead, I personally use Stashaway and I can attest for its user-friendliness as well as its performance.
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Robo-Advisors

Endowus

StashAway

Kristal.AI

AutoWealth

Investments

Apart from pricing, what’s the main difference between stashaway, kristal, autowealth and endowus? Is there a difference between the investment portfolio?
Lim Qin Da
Lim Qin Da
Level 6. Master
Updated 3w ago
Hi Anon, besides pricing and fees, there are still other things that we can look out for when comparing between robo-advisors. Among the 4 robo-advisors that you have mentioned, I have done a simple summary on the things you could look out for. ! Besides looking at numbers, you could also compare the pros and cons of these robo-advisors. ! To go further into weighing and analysis, you can read up more about all the different robo-advisors in a Seedly article here! You could also visit our Seedly Reviews page where our community members cover things like the pros and cons of every robo-advisor, as well as the returns they have made. Happy investing!
Answer image preview
👍 5

Robo-Advisors

AutoWealth

StashAway

Kristal.AI

Syfe

SquirrelSave

Endowus

Investments

Smartly

In the event of bankruptcies, in spite of precautionary measures, can investors not liquidate their assets, just like how Smartly investors were forced to by circumstances?
Frankie Aufhauser-Rappaport
Frankie Aufhauser-Rappaport
Top Contributor

Top Contributor (May)

Level 9. God of Wisdom
Answered 3w ago
Then You would have marktet timing, which more or less is impossible. And You'll never know where and when to re-enter the market the same. Better make optimum asset allocation before investing, and avoid single stocks and Mutual Funds/Unit Trusts completely. more ideas here: https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy
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SeedlyTV S2E04

AutoWealth

StashAway

Syfe

Kristal.AI

Robo-Advisors

How does the robo-advisor software handle cases whereby the trade execution fails due to some reasons such as connection errors and lack of liquidity?
Maya
Maya, Content & Community at Kristal.AI
Level 4. Prodigy
Answered 3w ago
Hi Jimmy, Kristal.AI has an auto reco process at a regular interval along with EOD basis. In case if any trade execution fails due to connection error, it is attempted again till the confirmation. In case of failure due to lack of liquidity, it is attempted again in the next trading session. Hope that helps!
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Investments

ETF

Robo-Advisors

Syfe

StashAway

Endowus

AutoWealth

MoneyOwl

Retirement

Hi! Newbie here! I'm about to make my first investment into ETF. I'd like to start with an ETF that tracks the S&P 500. My goal is long term, and for capital appreciation, not for dividends payouts. What are your suggestions?
I would start with a broader index, that tracks not just the US markets, but the global index. including other developed markets and emerging markets. VWRA/VWRD serves the purpose, and it is tax efficient. US listed is extremely bad because you are potentially paying 2 layers of dividend withholding taxes. You can read up more about it here: https://endowus.com/insights/an-inconvenient-truth-tax-on-us-listed-etfs-04c7532c5d/
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SeedlyTV S2E04

Robo-Advisors

Endowus

Syfe

StashAway

Kristal.AI

AutoWealth

How did each robo-advisor handle the market dip, and what steps did you guys take to adjust to the situation?
Hi, First and foremost, Endowus believes in passive asset allocation, and not overweighing/underweighing certain asset classes, geographies or sectors during market volatility. Based on research, actively changing asset allocation is not proven to consistently bring in higher returns. From a risk management angle, we have helped our investors rebalance their portfolios so that they stay to their asset allocation. On the advisory side, we have reached out to our clients through this webinar where Sam, our CIO shared his analysis of the current crisis and investment experiences in previous market crashes to advise clients. The Endowus team has also written many different articles, such as this. this and this to share with our clients our analysis and insights on the current market volatility and what they should do. On a more personal finance angle, you can check out this interview with Yahoo Finance, where our chief client officer share her views on investing in crisis. Hope this gives a flavour of how we help our clients at Endowus!
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SeedlyTV S2E04

Robo-Advisors

Investments

StashAway

Kristal.AI

Syfe

AutoWealth

Endowus

What is the AUM (Assets under management) a Robo-Advisor will truly need in order to breakeven and turn a profit, so we can know that robo-advisors are ultimately truly self-sustainable?
The most common revenue model for robo advisors is to charge a management fee on the the assets invested with them. Most charge somewhere between 0.2 to over 1% (Kristal.AI has zero fees for the first $50K invested)! That said, to operate profitably, it would probably take AUM of a few multiples $100M, depending on the robo advisor's structure and other factors
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