facebookWhich would be a better choice? DCA in roboadvisor (stashaway / syfe) or directly into S&P500 & world ETFs? - Seedly

W

26 May 2020

Robo-Advisors

Which would be a better choice? DCA in roboadvisor (stashaway / syfe) or directly into S&P500 & world ETFs?

Im planning to set aside $1K monthly for investment.

for the latter, im concerned about the fees required for each transaction. im currently using stanchart online trading so its $10.7 per trade.

Discussion (4)

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Eliezer

26 May 2020

Content & Community Lead at Syfe

Hi W, that's a good question! When you DCA with Syfe, there are no trading / brokerage costs to be concerned about. Such costs can add up and eat into your returns, so a platform that absorbs these costs for you would be a better choice over time. Moreover, as your AUM grows, your Syfe management fee falls (our fees are between 0.4% to 0.65% per annum).

If you don't really have the time to manage your own portfolio, Syfe offers a hassle-free, ready-made ETF portfolio that is diversified across asset classes, sectors and geographies. Your portfolio is also risk managed to help protect and grow your wealth.

To help you boost your returns, dividends are automatically reinvested for you at no additional charge. We will rebalance your portfolio for you when necessary as well - for free!

Hey there!

Roboadvisors craft out a portfolio based on your risk appetite. That will be different from you investing directly into an ETF so you might want to evaluate to see which is your preferred. Robos have higher fees as well. Also you might want to opt for an online broker compared to local bank brokers due to higher fees if you are investing directly.

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DCA in roboadvisor is more cost-effective in my opinion. I have been DCA in StashAway and Syfe (100%...

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