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Anonymous

04 Aug 2020

General Investing

What is the difference between managing my investments myself and putting it with roboadvisors?

Just wondering if I should diversify into robo/etf/individual stock even if I am using stashaway and syfe reit. I understand that stashaway/syfe already diversifies my portfolio into US equities/international equities/reit.

For example, instead of putting 10k in syfe reit, will it be better for me to split the 10k to invest maybe 5k in syfe reit and another 5k in another index?

My concern is whether the earnings will be affected if I concentrate too much into robo itself.

Discussion (1)

What are your thoughts?

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I think the mainpoint of roboadvisors is to consistently practise DCA to reap more rather than lump sum. Whether its 5k / 10k into syfe, it shouldnt matter as much if you are practising DCA. Managing your own investments are great when you have time as roboadvisors are considered passive investment which you do not need to manage all the time. But definitely more time have to be invested first to understand what kind of index/ equities you are interested in and their performance in the past years etc.

End of the day its your choice but consistent DCA into roboadvisors and invest on your own is what I'm doing!

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