Endowus Performance Review – Nov 2022

After a short break and some self-sustained recovery, I think it is time to get back to updating the portfolios. During this period when I was down, I was not really monitoring the markets. In fact, I set my RSP up over these 8 – 9  months that I was missing in action. Partly, it was due to work and also self-discovery wellness. In my last post, I discussed being away and not being able to do anything to your portfolio and again I was away. I find that robots suit my style of investing. In good times and in bad times because I am just not in the right frame of mind to manage my portfolio. Not anyone can just buy in when the market is down. You need to understand your own investment appetite.

Thank you to those who have used my referral code. If you wish to venture out and build your financial goals, please do visit my referral code page thank you in advance.

Portfolio Summary

The whole portfolio has taken a big hit this year in 2022 and there’s nothing much to shout about but I look at it as long-term growth. I am quite positive about US equities. My Ultra cash portfolio isn’t doing too great. In hindsight, I repeat that I do regret my decision because I thought I can take my liquidity out within 3 months but no. Now, I have to do it at a loss. This really sucks because Endowus did a boo-boo by saying that it can be a short-term cash-fund holding. Now, I am becoming a long-term investor and had to find cash for my large purchases that were coming up. I am still miffed about it but I’m not taking it out at a loss. It doesn’t mean that Fixed Income will stay down all the time.

Like any other period, I trust Endowus and I would actually recommend them to anyone I know for the investment concept. (Maybe not the cash solutions) I know that my investments will be safe with them. I’m happy with them for the investment part of things. I also learned that different people/companies have different expertise.

Lower Investment amount

Whatever it is, they have been quite reasonable about everything. Another plus point is that they have also given me a lot of comfort in the way they allow investors to reduce their initial investing sum. A minimum sum should not be the way to invest. Overall, I feel that I take more pride in knowing who is holding my money and how they do it.

Lowering the bar also allows people who are younger to start early in this long-term process. The other point is what many people are talking about which is the fees. They are probably the only ones in the market to rebate trailer fees. I like that bold big move as compared to the other advisors. I will slowly shift my funds over to them. Everyone is different so, you have to try them out first before you decide.

There’s something else which I like about them and that is how they use the power of retail investors to put money into institutional class funds. These funds are accessible only to people with the money and volume to purchase. Yet, they are now available to retail investors.

Total Portfolio

I decided to scrap away all those segmented accounts with different goals and look at the portfolio as a whole instead.

I hope can recover some of the losses but as a function of market-related money market funds, I think it will take longer than i expect.

I hope that I will be able to add more funds to the S&P 500 if it dips over the next few months.

As you can see, the all-time record is that I am now down -4%, which is rather disappointing considering that I have a relatively balanced portfolio. The bulk of the unrealised loss is actually from my cash funds. (Sad to say that FI instruments are still doing that badly) which is why it is true that no one has the crystal ball and we have to diversify. If you look at YTD performance, it is down -6%, which is rather in line with the current markets but I do expect better considering I had a good entry-level during the start of the covid investing when the markets were pushed down in a synthetic way in 2020.

I’m still looking forward to the day when S&P 500 goes up the roof and I see my portfolio doubling.

The reason for Endowus

Like a broken recorder, the pros once more:

  • Endowus is the first and only robo-advisor to be approved by the CPF board.
  • 100% trailer fees back to the consumer, not the fund management fee. This is really one of a kind I’ve seen so far.
  • They do have a decent team who makes sense when introducing their platform in my personal opinion.
  • I believe all retail investors should try them out because of how they are trying to disrupt investing and make investing work for everyone.

Thank you all in advance for using my referral code.

The last point is to do your own diligence. What works for me may not work for you. Investing in traditional portfolios is about risk management. My Cash Funds are bleeding. That was a super bad call by Endowus.

Disclaimer

If you decide to sign up with Endowus, do remember to use my referral code: https://endowus.com/invite?code=EDZ8M

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at Referral and Recommendations

These pictures were taken off the Endowus website for reference.

Endowus Performance Review – Mar 2022

I got a little lazy and probably a little distracted and depress early part of April 2021 – I did other things to distract myself. But overall, no worries. I just had a shorter break this time around but am feeling quite okay now. It is time for March 2022 review now. In my last post, I discussed about being away and not being able to do anything to your portfolio. I did nothing this month since there isn’t much of a dip. Not anyone can just buy in when the market is down. You need to understand your own investment appetite.

Thank you for those who have used my referral code. If you wish to venture out and build your financial goals, please do visit my referral code page and thank you in advance.

Portfolio Summary

The whole portfolio indeed is rocking in 2022 but I look at it as a long term growth. I am quite positive on US equities 1 year down from 2023-2024 for some reason despite the constant word around hyperinflation news. My cash portfolio isn’t doing too great. On hindsight, I repeat that I do regret my decision because I thought I can take my liquidity out within 3 months but no. Now, i have to do it at a loss. This really sucks because Endowus did a boo-boo by saying that it can be a short term cash fund holdings. Now, I am becoming a long-term investor and had to find cash for my large purchases that was coming up. I am pretty pissed with that but I had to move forward.

Like any other month, I trust Endowus and I would actually recommend them to anyone I know for the investment concept. I know that my investments will be safe with them.  I also read in their newsletter that traditional banks and investing firms are starting to put in monies in the company as part of the drive to stay relevant. The paradigm shift is happening faster than expected. Except the fact for cash funds, I’m happy with them for the investment part of things. I also learned that different people/companies have different expertise.

Lower Investment amount

Whatever it is, they have been quite reasonable about everything. Another plus point is that they have also given me a lot of comfort in the way they allow investors to reduce their initial investing sum. Minimum sum should not be the way to investing. Overall, I feel that I take more pride in knowing who is holding my money and how they do it.

Lowering the bar also allows people who are younger to start early in this long-term process. The other point is what many people are talking about which is the fees. They are probably the only one in the market to rebate trailer fees. I like that bold big move as compared to the other advisors. I will slowly shift my funds over to them. Everyone is different so, you have to try them out first before you decide.

There’s something else which I like about them and that is how they use the power of retail investors to put money into institutional class funds. These funds are accessible only to people with the money and volume to purchase. Yet, they are now available to retail investors.

Cash Fund Ultra Portfolio

I started the ultra portfolio since July 2021 which claims to be around 1.9-2.1% (this went downwards) because I can’t find anything that yields more than 1% interests and it is shitty because it is still down close to -3% all time. I really hate how this is going.

I hope can recover some of the losses but as a function of market related money market funds, I think it will take longer than what i expect.

Further, I added another 30k into the portfolio as cash injection to yield higher interests but it has been negative since day one and still in negative territory so let’s wait and see how things pan out. it is negative -$800. sucky at -2.66%. Well well well. It has been months so it better follows the uptrend when markets recover.

ESG Portfolio

I started this ESG Portfolio during March 2021 and I have some high hopes for this fund to do pretty well. This segment would serve me well for a long term portfolio because I do see the value in investing in sustainable companies an practices. After all, we are trying to make a difference for our little ones. Performance has been stellar. It has pulled back and up +2.26% all time. Finally added $2500 when there was a pullback. Nothing done this month and performance has turned positive. Good for the future and your children guys.

 

The allocation is a 80%/20% Equity/Bond portfolio allocation so there will be more movement on the equity side. This is long term so, just leave it in there. You do good and it brings you sustainable returns. It is for the future and the next generation. I can’t explain more. Maybe it is time for more deployment of cash.

SRS Portfolio

Overall, portfolio is still up +19.51% since May 2020 in SGD. As usual, in USD terms, due to no FX impact as the portfolio is USD ETFs, the performance will definitely be better especially when USD becomes stronger. Of course, the reference will be SGD since I use SGD. This is the SRS/Cash portfolio which consists of my favourite Dimension Funds in a 40% bonds/60% equity.

Overall from May 2020 to 12 April 2022, it is a +19.51% increase in absolute terms – quite okay. This is for the long run. I’m just going to keep it simple to report it overall as I have less time on my hand these days. But do try it out and put out your own performance and tell everyone about the experience. Unless, you nitpick aggressively – I think you will be fine. YTD, it is definitely down.

CPF Portfolio

For the CPF portfolio, it is looking at +10.37% since inception in May 2020. That’s a huge drop of almost 9% from its all time high. This portfolio is being beaten down for now.

On the YTD front, it has dropped for sure.

 

Fund Smart Portfolio

I started this semi medium term Fund Smart portfolio this month in May 2021. I tried to build a balance portfolio. I’m not exactly sure but I will go in via RSP monthly as I wasn’t sure but I do want to deploy some of my cash. All time absolute return is -7.77%. haha. This is done monthly on RSP until 2021. It still continues to be underwater so I will continue the DCA for this strategy.

 

Overall: 52% Equity and 48% Fixed Income

a. 15% in Multi Asset Fund (1 Fund)

b. 45% in Equity Funds (2 Funds)

i. Focus into China Play [10%]

ii. Global equity with dividend accumulation (Re-invest) [20%]

iii. Small Cap equity play (For the Alpha) [15%]

c. 40% in Bond Funds (3 Funds)

i. Climate Bond Fund Play [20%]

ii. Core Fixed Income Play [20%]

Retirement Portfolio 1

So last month, I got down into building a portfolio of unallocated funds to the institution Pimco GIS Income Fund. 0.55% will be the fees annually so that’s going to be start of the accumulation of the coupons from the funds. I am down -5.22% for the month of March.

Retirement Portfolio 2

Yet again, I put in 2 tranches of S$5k into the Lion Global Infinity 500. At one point it was close to 6-7% down and this month it is +3.47%. Real volatility, expected and still strong convicted on this one.

 

The reason for Endowus

Like a broken recorder, the pros once more:

  • Endowus is the first and only robo-advisor to be approved by the CPF board.
  • 100% trailer fees back to the consumer, not the fund management fee. This is really one of a kind I’ve seen so far.
  • They do have a decent team who makes sense when introducing their platform in my personal opinion.
  • I believe all retail investor should try them out because of how they are trying to disrupt investing and make investing work for everyone.

Thank you all in advance for using my referral code.

Last point is to do your own diligence. What works for me may not work for you. Investing in traditional portfolios is about risk management. My Cash Funds are bleeding. That was a super bad call by Endowus.

Disclaimer

If you decide to sign up with Endowus, do remember to use my referral code: https://endowus.com/invite?code=EDZ8M

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at Referral and Recommendations

These pictures were taken off Endowus website for reference.

Best time to Invest Now?

More often than not, I read articles and comments and many people ask about if it is the time to invest now. Markets are too high…What asset class to invest into and should I invest now? I only have $100, $500, $1000 (It doesn’t matter how much you have. It matters to start early and depending on which stage you are at. It might be better for you to start an emergency fund first before you invest)

Just this morning, I was listening to Kiss 92 radio channel and I heard that there was a miracle. A fan fell down and went into coma for 23 days. While he was a in a coma, the morning show DJs started to call and talk to him. While they wished  for a miracle, they kept it real and thought that it might not happen. This then sparked a little thought – something we all know but fail to execute.

The story is such a good one that it kind of send me teary eyed for a short while. While we know that miracles do happen, we also know that miracles don’t happen all the time. However, it is important to keep believing that thing will happen the way you want it to no matter how far it seems. Never say never. Be practical but sometimes there are no explanations.

When is it really time?

You will never know when is the time you may lose your loved ones so treat them well and shower the love. Similar to investing, we will never have the crystal ball that tells us the future. If you do have one, I think there isn’t a need to seek financial independence anymore. No matter how accurate, lucky or correct one can analyse – there are no shortcuts. All things take time.

Spend time not focus purely just on money

Spending time on your loved ones is more important than making money. Money as what I alway advocate accelerate the process to many other things. Spending that time not also allows one to connect socially with family as well as reconnect with the young and old. Crossing generations also gives you fresh perspectives and new ideas. Don’t write them off.

Investing takes up a lot of brain cells if you are always exploring for new ideas. These perceptions will provide options and aide in that journey.

Family is family

Whatever your situation is family is always family. What you represent eventually will be translated down to the next generation. There isn’t a guide or way to do it but everyone is a parent for the first time so cut some slack on yours. After all, they were in different times as we did today. Family time provides connectivity that helps one mentally while providing that support. Some may call it safety nets in the finance world but personally I prefer to call that emotional support group. Perhaps friends might be as close to family but everyone’s comfort level is different.

With a section of the mental support covered, naturally one’s focus will be freed of distraction. However, there should always be a balance.

Is it the best time to invest now?

It is hard to say all of that with so many conflicting articles that talk about an all time high and that an impending correction is coming soon. That is all technical and feel. There are no scientific rules as to why markets goes higher or lower. Only interest rates and bond prices are inversely proportional. Other than that, there are no fixed formulas and no one can single handedly control or manipulate the markets.

As always, you can choose to put in some during the initial phase and stagger the investment on a regular basis. This is what most people know as dollar cost averaging.

The other way is really to split the amount that you wish to invest into 3 or 5 parts. Every time the market drops, just diligently put some in.

What ifs?

What if the markets were to increase by another 5% or 10% and you are not invested. That would mean that you will always be missing the market rallies. A medium and long term view of the market will definitely help in the long run.

The excuse

The contradiction will always be there. When you are young, your commitments are lesser but the disposable income is lesser too. Moving into middle age, your commitments increase but your disposable income depends on what you need to spend on. When you are slightly older, your commitments decrease but your risk level should not be like 20 years ago.

The concept

The whole idea is to really to invest early and invest regularly. A miracle happened for someone today but that doesn’t mean it happens to everyone. Some people missed their chance or opportunity and that would have been too late.

Disclaimer

This is purely my own opinion after using their service and/or products. If you like what you are seeing, do remember to check they out and do your diligence. There is no one size fits all investment strategy.

If you like what I am sharing or if it resonates with you, do use my referral codes here at https://atomic-temporary-178675883.wpcomstaging.com/contact/ for the services.

The pictures were taken from website solely for the purpose of illustration. Remember not to be a slave of money but make as much as you can so that you can make use of money.