facebookWhat are some risks associated when investing with Endowus? - Seedly

Anonymous

28 Feb 2020

CPF

What are some risks associated when investing with Endowus?

What are some possible pitfalls that you can fall into when investing with Endowus? What are some things that I should be wary of? What are some red flags that I should be looking out for?

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Shengshi Chiam, CFA

28 Feb 2020

Personal Finance Lead at Endowus

Hi,

For Endowus, the funds are held in your own legal name, so you have ownership of the funds throughout the entire process. Also the any investment monies are handled directly by UOB Kayhian, rather than transfered/handled by any entity owned by Endowus, so that is also another layer of safeguard.

Endowus recommends a set of of diversified equity and bond funds. Despite the diversification, the funds' value is still subjected to marketing sentiments, so you should be prepared that there will be losses when the market tanks. Hope this answers your question!!

Alex Chua

26 Feb 2020

Seedly student Ambassador 2020/21 at Seedly

Risk of ignorance. Go in without knowing anything and regret later.
Firstly you need to understand why you even choose endowus. The value of your portfolio will fluctuate. So don't panic when u see the price falls and sell your portfolio.

Risk of opportunity cost. You could have use the money for other urgent needs

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