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Career

Junus Eu
Junus Eu
Top Contributor

Top Contributor (Jun)

Level 8. Wizard
Answered on 30 May 2019
I really think it's best that you check with the bank that you have the full time employment with - banks in particular deal with alot of private information, and it's important to see that there are no conflicts of interest.

Stocks Discussion

Investments

Savings

Bank Account

Career

From 0.5-2% per annum usually. I charge lesser for clients who are also my insurance clients. I suggest speaking to an Independent Financial Advisor Rep and asking them about their investment methodology and planning. I discuss with my clients about asset allocation, diversification, accumulating and distributing strategies, and portfolio shifts as we move into different parts of our lives. What you want is also an advisor that can generate above market returns or similar market returns with lower risk taken or reduced volatility. If you'd like to understand how I provide investment advisory, drop me a message on Facebook or an email. [email protected]

Stocks Discussion

Stocks

Trading

Bull Market

Market Correction

Bear market

A virtual account is good for you to practice your investment rationale and thesis but it negates the emotional factor behind investing which I find is a considerable and significant factor in determining how one executes their trades in reality. i.e. When one's virtual account drops 50%, one is still able to sleep soundly, but if that occurs in real life where money is real, the pinch and emotional attachment behind that monetary value would be very different. Here's some virtual accounts you might want to try out your investments on: https://www.investopedia.com/simulator/ Tradehero (on Android and Apple) But my 2 cents of advice, try investing with real money, put in a small amount, buy into a sound + reputable company and try dabbing your toes in investing.

Singapore Saving Bonds (SSB)

Savings

Investments

Terence Tan, CMT
Terence Tan, CMT, Head of Education at IG Asia
Level 1. Freshie
Answered 1h ago
Do 50/50 SSB and a savings account somewhere. The started SSB will grow into something more which you can allocate to other investment pots in years to come, and the savings acc will be there for the really rainy days (and if really need to cash out the other SSB half, i'm sure the savings acc half can buy some time :)

Investments

Robo-Advisors

Thaddeus Tan
Thaddeus Tan, Community Lead at Seedly
Level 6. Master
Updated 2h ago
! Robo-advisors are digital platforms created by humans which provide investment services with little to no human supervision as they are algorithm-driven. A typical robo-advisor collects information from clients about their financial situation and future goals through an online survey and then uses the data to automatically invest client assets. In Singapore, there are 5 robo-advisors you can choose to invest with. They are Smartly, Autowealth, Stashaway, MoneyOwl and Endowus. Although they might seem like they were started for the same purpose, there are differences which sets them apart from one another. We will examine them later on. I think that it is important to note that Robo-advisors is not really an asset class contrary to popular belief. Asset classes include stocks, bonds, ETFs, Unit Trusts, REITs and property. By using Robos to invest, you are effectively tapping on a platform so that you can invest in certain asset classes as compared to if you were to hire a financial advisor to do it for you or even DIY. Using robos enables you to adopt a low cost, diversified, passive approach especially since you are letting the algorithm invest for you. Instead, Robos act as platform so that you can invest in certain asset classes as compared to if you were to hire a financial advisor to do it for you. Now to address your question, whether robo-advisors are something that should be considered now, it ultimately voices down to what type of person you are. If you feel that you are somebody who is relatively new to investing, investing for the long term and lastly don’t have alot of time to choose and pick your stocks individually (more passive way of investing), then I feel that you CAN consider Robo-advisors. However, please still do your own due diligence. Let’s compare between robo-advisors and human advisors before diving into the pros and cons. 1. Low cost : The main advantage of robo-advisors is that they are low-cost alternatives to traditional advisors. By eliminating human labor, online platforms can offer the same services at a fraction of the cost. Robo-advisors thus charge a lower fee than a human advisor. 2. Services: The services offered by a robo-advisor is usually only investments. However for human advisors, they usually provide a wider range of services like financial planning etc. 3. What type of people they are for: ! Here are some of the pros and cons of associated with using robo-advisors to invest. ! So now that you know more about robo-advisors, let’s look at what robo-advisors are there that are available for you to invest with. In Singapore, there are 5 robo advisors. They are - MoneyOwl - Endowus - Smartly - Autowealth - Stashaway Here’s some history and their investment philosophy MoneyOwl History : Started in 2018 as a social enterprise and a joint venture between NTUC Enterprise Co-operative Limited and Providend Holding Private Limited, currently led by Chuin Ting Weber, CEO and CIO of MoneyOwl (previously DIY Insurance). Has other functions other than just being an investment robo. Investment philosophy : Building of Global portfolio via Dimensional Fund Advisors (DFA) & iFAST as the platform Endowus History : Started in 2017, led by Samuel Rhee, former CEO and CIO of Morgan Stanley Investment Management Asia. Investment philosophy : Building of Global portfolio via Dimensional Fund Advisors (DFA) & PIMCO fund Stashaway History : Started in 2016 by ex ZALORA Group CEO, Michele Ferrario, ex Nomura MD, Freddy Lim and CTO Nino Ulsamer Investment philosophy : A proprietary investment strategy called the Economic Regime-based Asset Allocation (ERAA) which continually monitors economic and market cycles to rebalance accordingly. Smartly History : Started in 2015 by ex start-up professional, Keir Veskiväli and Investment Analyst, Artur Luhaäär Investment philosophy : Modern Portfolio Theory (MPT) consisting of ETFs that efficiently capture the global stock markets as well as give exposure to bonds and real estate. Autowealth History : Started in 2015 by ex Investment Banker at government firm, Ow Tai Zhi and ex Management Consultant, Noel Lee Investment philosophy : A rule-based investment approach and strategy which places a strong emphasis on diversification across major asset classes, geographical regions, and industries. Should you need to take a look at the full comparison among the 5 robos, we have one here and also a video with the 5 different heads of the respective robos. Different robos have different investment methodologies as seen above. Although the robos are the one that is helping you invest, it will be good to understand the investment methodology of the different robos so that you can choose the one that best fits what you prefer. As always, the information as seen above is there to give you some background on the different robos in Singapore. Please do your own due diligence before deciding which robo advisor to invest with should you choose to use robo advisors.
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Stocks Discussion

Robo-Advisors

Investments

Retirement

Savings

Hi Darren, My name is Dhruv Arora, and I’m the founder and CEO of Syfe. Thanks for your interest in finding out more about Syfe. My experience as both an investment banker and then a consumer technology expert was a building block at Syfe - we always wanted to bring the best of financial services to the masses. Syfe is built for all investors, whether you are new to investing or a seasoned investor. And we have. Your process starts with understanding your correct risk appetite through our robust yet straightforward Risk Profiler (for free). That is when the real magic begins. Our proprietary Automated Risk-managed Investments methodology (ARI) will allocate assets which have shown the best return for your risk profile. But more importantly, it continually monitors your portfolio. During periods where higher market volatility has been forecasted, ARI will adjust your portfolio allocation and reduce your exposure to higher-risk asset classes. This ensures your portfolio risk stays aligned to your desired risk level. Conversely, during periods of market calm, ARI will adjust your portfolio allocation to allocate more to higher-risk assets, so your overall portfolio risk is kept in line with your desired risk exposure, but you can capture the market upside as well. The result is that ARI helps you achieve benchmark-beating returns by maintaining your desired risk level, no matter what market conditions maybe, just as a real wealth manager should do for you, round the clock. For more details on ARI, you can also check out our investment methodology paper here. I hope this helps. Do not hesitate to reach out should you have any other queries. Happy investing.

Investments

James Carter
James Carter
Level 2. Rookie
Updated 3h ago
Yeah I am actually investing in their service as well, very professional and had been earning my returns as promised accordingly for the past 2 months. So far no complaints from my friends, family and other clients. Legit and transparent. Will recommend them.

General

Sabrina Swift
Sabrina Swift
Level 1. Freshie
Answered 5h ago
The solutions to fix iPad won't turn on are similar to these to fix your iPad keeps rebooting. Hope you can find a practical workaround to repair it with no data loss.

Cryptocurrency

Trading

Investments

Zen Rogue Xuan
Zen Rogue Xuan
Level 4. Prodigy
Updated 4w ago
Crypto markets are very volatile. What I can suggest is that you trade crypto-fiat pairs instead eg BTC/USD and XRP/USD, which will be relatively more stable as compared to BTC pairs. Systemwise, you can trade with a combination of TA(MACD, RSI, Hull Indicator) and FA(Buy the rumor and sell the news). Volume is also a key indicator. All the best for your crypto journey!

Investments

Robo-Advisors

Hi Kaiyang, thanks for your question and allow me to elaborate further on how Syfe helps investors manage their portfolio risk. If my years as a portfolio and ETF trader at UBS have taught me one thing, is that returns cannot be predicted, but risk can be managed. Hence at Syfe, we use percentages (e.g. 17% Downside Risk) to label our different portfolios rather than describe them with vague terms such as “conservative” or “aggressive”. This is so investors know right from the start, the level of risk they are taking on. The point to note is that this is not an amount you will lose, but rather we endeavour to define a possible loss level with a 97.5% probability. In other words, a 17% Downside Risk portfolio means that in the next 39 out of 40 years, the portfolio should not lose more than 17% of its value in a given year. In the event where the portfolio threatens to exceed this potential risk of loss, such as during a recession, your portfolio is automatically rebalanced to ensure your portfolio risk remains within your chosen downside risk level. This gives you better risk-adjusted returns, no matter what market conditions may be. You may read more about our Automated Risk-managed Investments (ARI) methodology here. A quick example of how ARI works is this. During periods where higher market volatility has been forecasted, ARI will adjust your portfolio allocation and reduce your exposure to higher-risk asset classes. This ensures your portfolio risk stays aligned to your desired risk level. Conversely, during periods of market calm, ARI will adjust your portfolio allocation to allocate more to higher-risk assets, so your overall portfolio risk is kept in line with your desired risk exposure, but you can capture the market upside as well. And while past performance is not a guarantee of future results, you can try out our portfolio forecast to estimate your returns. First, complete Syfe’s risk assessment. Based on the Downside Risk you’ve selected, you can change your inputs for your lump sum investment / monthly investment amounts and timeframe to forecast how much your portfolio can grow to. If you have more questions, please feel free to drop us a email at [email protected]
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