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Andy Sim

HR Professional at a Financial Institution

25 Feb 2020

Robo-Advisors

What is a good allocation of money into Robo-advisors?

I can't decide between Stashaway and Autowealth so I'm planning to open accounts with both of them to try it out. Is this a good method? Has anyone done this before, and how much per month do you allocate for each robos?

Discussion (4)

What are your thoughts?

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There is nothing wrong to have 2 robo advisor, but you have to see if they are buying into same ETF. Although they have different algorithm when come to rebalancing, I don't expect much different in terms of performance if the underlying ETF are about the same.

I have Stashaway and Syfe but thats is for different purpose, one for equities and one for REITS.

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