StashAway Performance – Mar 2021

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I have been later for one quarter in 2021 in terms of updating. Nothing much has changes for the StashAway portfolio. Similar to Endowus, it is on auto-run and monthly additions are placed into different portfolios. I am still on the risk index of below 20%, split all the risk portion for 3 different portfolio. I still maintain that having calculated risk per $ makes more sense in my opinion. It doesn’t mean high risk high rewards although it can give you high rewards.

As I have always preached, the important thing is that I am not left on the sidelines. If Mr Market decides to go either way, it would matter that much to me in my opinion. If Mr Market drops, then I will add on more to the portfolios. That is what I believe will work for me for my traditional and rather stable investments.

Retirement Portfolio A (risk-14%)

The SRS account since deposit is currently at +2.11% as on 8 Apr 2021 (Time-weighted return). I think this is quite okay as I entered the market at a high before it dropped in March 2020. Performance wise, I think it is decent and also this is a super long term portfolio – I would say close to 25 years horizon so I’ll just leave it there to monitor on the progress. It was at around +3% in Dec 2020 but oh well. Let it be i guess.

In USD performance, that’s about 5% (Time-weighted return). That’s expected.

 

Education Portfolio B (risk-16%)

This portfolio is set out to be on a 15-18 year investment horizon. It is at 7.63% on 8 Apr 2021 and I think that this is pretty good. It’s the same as the last time i measured during Dec 2020. I have been averaging in whenever there are market dips. The risk index is at 16% and I will adjust those risk levels as and when I feel that there is a risk on or off.

In USD, I’m looking at double digits 11.75% (Time-weighted returns)

Education Portfolio C (risk-20%)

For this portfolio, I look at this at shorter horizon of 12-15 years so I feel that I need to take on some risk to achieve my goals. This SA risk index is currently at 20% and will take on to be one of my riskiest portfolio. Return is at 14.42% (Time-weighted return) at inception as at 8 Apr 2021 Not much of it has changed or rather it has dropped slightly but this is just a note to self and measure the monthly performance. Over time, more funds will be added to achieve the targeted invested goals.

In USD terms, we are looking at 18.81% (Time-weighted return). Looking great I feel.

Conclusion

So far StashAway has been a great supplement as a robo advisor. I will try to do more regular updates as a reminder to self. After using a few robo-advisors, I find that SA will play second fiddle to my Endowus Portfolio. The year of 2021 should be a test of time for most portfolios. I still believe that rebalancing regularly will be the key.

StashAway does have their own advantages. They do hedge their portfolios against huge crashes and take a stand on some positions which I do like because a lot asset managers don’t and even though they talk big about macro. I can’t see those actions being translated into customer’s returns.

To sign up or try out Stash Away, visit the website and use my referral code at Stash Away Referral

We’ll both get up to $10,000 SGD managed for free for 6 months which is a good deal.

Disclaimer

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://lifejourney.blog/contact/

The pictures were taken from the Stash Away website for this article.

Endowus Performance March 2021 & YTD + New ESG Portfolio

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Time in March 2021 seem to just go by in a quick frenzy. Stock markets have retraced and between Tech and Cyclical equities, it seems to sway from side to side. There isn’t seem to be any clear signs for any particular trend. The slightest event such as the cargo tanker remained jammed up in the Suez Canal seem to have caught commodities in a stir for a week or two.

I’ve been talking about Endowus for a while now. I think there is something that attracts me to them. Perhaps it is the way they present themselves or maybe it is their mindset of investing that struck a chord with me. I would actually recommend them to anyone I know to be honest and I know that my investments will be safe with them. Further, they raised their first ever Serie A fund raising for expansion. It does sounds like a great step forward. Whatever was private, we don’t know but their first fund raising after being around for sometime does spark some confidence about how prudent they are and how much the founders value their own equity in the company. To me that is a plus when the founders want to keep stock value mainly because they see value in their own company.

ESG Portfolio (New)

I am quite intrigued in their new ESG portfolio that was constructed through the different fund houses. To a certain extent, I do want to put more into it but I am unsure since I’ve not read up on this but I do know that ESG have performed relatively well in the European zone. 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 saving this earth for our next generation – a little step goes a long way.

This is at +1.97% since inception some time in Mid March 2021. I like what I am seeing. Of course this 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.

SRS Portfolio

Overall, portfolio is up 18.51% 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 5 Apr 2021, it is a 18.51% increase in absolute terms – Fantastic. From Jan 2021 to 5 Apr 2021, the fund was stable and rising more  at 4.86%+ increase in portfolio. Not too bad really.

In Terms of YTD returns in 2021, I’m looking at 4.86%. I’m happy. Definitely topping up if there are any corrections (By definition a correction is more than 10% drop in a single day)

CPF Portfolio

For the CPF portfolio, it is also doing pretty well though not as well as my Dimension Fund portfolio. I’m still looking at 12.23% returns from May 2020 through to 5 Apr 2021.

In Terms of YTD returns in 2021, I’m looking at 1.68%. This is quite expected so not much of a surprise. I have no requirement to login daily to view my portfolio performance. Just a monthly review will be sufficient.

Similar to the previous months, cash management accounts have started to report a decline. This is also expected since LOW interest rate environment is here to stay for the long term.

I have been procrastinating about the Cash Smart Portfolio. Perhaps I will take a plunge to do it in April 2021. Takes a bit of courage to do that.

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, it isn’t Cryptocurrency. Super high risk = Potentially Super high returns. Fair enough in economic terms. Just remember that = Potentially Super high decrease in portfolio as well.

I’m not ruling cryptocurrency as an asset class here. What I do see is that they will be a disrupter in traditional currency in the future. What I am saying is traditional investments brings stable, slow and disciplined returns. I do have a portion of my funds in cryptocurrency and the latest trend of NFTs (Non-Fungible Tokens). I deal with these two investments separately and realistically.

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 https://lifejourney.blog/contact/

These pictures were taken off Endowus website for reference.

Autowealth Robo Advisors – Performance Dec 2020

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In my previous post, I introduced Autowealth to supplement my portfolio. This is newly setup for my child’s account. Hopefully, over the long term this will turn out great as well. To repeat on why I chose Autowealth:

Why Autowealth?

My two reasons for doing so is really just (a) try out one more robo advisor and (b) segregate this fund for any other purpose other than the kid’s investment journey.

My take about the investing journey has been the same since day one. Don’t sweat the small things, the costs of robo are so low. We are talking about a 15-20 year horizon here so heck those low costs. You need to pay them to keep their lights running.

Perhaps Auto Wealth is in a different segment all together but they are the ones I see positively after the other two. After signing up in June I finally got to funding the account in September and October when markets were on the downside. The idea of doing this over the long term is to really to buy in when markets drop.

Markets will go up and each time it drops, just pick some up and let the robots do the work on balancing and re-balancing. As long as fees remains low, the portfolio will grow over time and over a longer period. It should remain in the black based on some back testing.

I would say I wouldn’t rate them as aggressive on the marketing front but at 100 million AUM and in the black since 3 years of inception does bode well for them. Looks like they are one of those companies who keep things lean, mean and transparent for others. Many times, I do not mind paying slightly more for better service or better app/products. I speak for myself though as I do know many who penny pinch and I shall not comment more on this. My philosophy is to never sweat the small stuff – To have bigger dreams, you will have to let go of the small things.

Performance – Dec 2020

Looking at the portfolio, it looks pretty nice again in December. The investment horizon would be estimated to be 15-20 years. This is a portfolio which is set at roughly 40% equities and 60% bonds. The investment vehicles will be through ETFs. It does look like it can withstand long term peaks and troughs. What i really like is that i can switch between the SGD and USD currency performance portfolio as well as the impact on USD SGD forex on performance. Again, as time goes by, I would like to deploy funds out into the market in tranches over time.

+7.65% absolute return (SGD currency) is pretty good in my view and this is as at 18 Jan 2021. The impact of USD on SGD is about -3.43% and by referencing the portfolio in USD, absolute return would be at +10.87%. Wow, okay that’s pretty nice for not doing anything after investing.

 

Disclaimer

This is not a sponsored post. 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://lifejourney.blog/contact/ for the services.

The pictures were taken from Auto Wealth website for this article. If you need a referral code, drop me a message and you can indicate my full name during registration. From there, both of us will  get $20 each to supplement the fees.

Endowus – Performance Dec 2020

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I’ve been late in updating my report so that I can look back in future to see what are the lessons that I’ve learned. December 2020 ended on like probably an even better annualised return. It is extremely satisfying – the way Endowus has been working out well for me thus far. Notably, no timing of the market whatsoever.

December has been interesting with Senate Elections, Market news on Covid Vaccines being implemented or going to be implemented globally. As I have always said, being systematic about investing is quite important. Month on month, diversification has been really important. Slowly but surely, I’m actually feeling that Endowus and my investment goals do align pretty nicely.

SRS Portfolio

Overall, portfolio is up another 2-3% month on month in terms of SGD. As usual, in USD terms, due to no FX impact as the portfolio is USD ETFs, the performance will definitely be better. We are spending Singapore dollars so this is our reference currency. This is the SRS/Cash portfolio which consists of my favourite Dimension Funds in a 40% bonds/60% equity. Overall from May 2020 to 18 Jan 2021, it is a 14.03% increase in absolute terms – Fantastic. I shall reset to complete a new Year performance and an all time performance going into 2021.

CPF Portfolio

For the CPF portfolio, it is nicely coming up another 1-2% this month and looking strong at 11.42% which is very very good.

All through 2020, the funds performed double digits in total estimated to average around 12% in absolute returns. Both portfolio combined ever since investments were made in May 2020. and comparing the previous month. That is estimated to be around 2-3% higher from November going into December

Also, I would be looking at the new Smart Fund DIY portfolio which looks really interesting. I would definitely be looking this up as interest rates are still pretty low and I got some cash lying around.

Like every month, 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.
  • I believe all retail investor should try them out because of how they are trying to disrupt investing.

Again, I will shamelessly thank all of you in advance for using my referral code.

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 https://lifejourney.blog/contact/

These pictures were taken off Endowus website for reference.

Happy Holidays -Merry Christmas

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Season Greetings

Christmas is finally here. Truth be told, I didn’t really feel that it is festive but it is here and personally I just love Christmas. Perhaps it is because of religion but most of all, what i like is the warm fuzzy feeling of the celebration to the year and also in preparation to the upcoming one.

Finance Blogging

Maintaining a blog isn’t exactly the easiest thing to do but it is one of the more handy things to do since you generally just write what you like and what you feel. Different people have differing views, hence why we have different opinions and how one react to certain things will be unique as well. Some of our actions are determined by the culture, the attitude and the way we were brought up so none of these are wrong. However, in my opinion it is wrong to shout or scream in public no matter what unless you are slightly deranged.

Media

I also learned that social media is an extremely negative arena. One wrong move and you will be victimised or CSI-ed by people. People take no responsibility for mistakes if they found the wrong person. Can you imagine the stress the family members have to endure to only find out that they got the wrong person. I’m not a big fan of naming and shaming. After all, no one knows their side of the story. Everyone would think that they are right in their own manner of reasoning. That’s why there are still lawyers in the country.

2020 – The year that the impossible happened

Not everyone had a good year. For those who had a good one, plenty to shout out about given how tough a year it has been mentally, physically and monetary wise. Anyone who had an okay year, I guess it isn’t that bad given the circumstances. For those who were impacted this year and you have struggles which will bring through the next year don’t feel bad. Remember that positive vibes will bring you positivity. Don’t forget to always help other regardless of your situation.

Conclusion

Regardless, life must still go so. We are resilient. Life is tough but so are we as Singaporeans. Saving for a rainy day is something we do best. Different people have different levels of savings. The most important thing is to accept that you need a rainy day fund. Start today.

Disclaimer

Whatever I blog about is purely my own opinion. If you like what you are seeing, do remember to check they out and do your diligence. For me, it is always about the whole package. Like minded people can flock together to create good and powerful things.

If you like what I am sharing or if it resonates with you, do check out my shop or drop me a note here at https://lifejourney.blog/contact/

The pictures were taken from the websites for this article.

Big Pay (Digital Payment)

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Another payment service has come into the picture. More apps, more interface and more complexity is added into the whole scheme of things now. It feels abit like delivery and food services in the yesteryears. I don’t know about you but I do feel like many of these are popping up as if they are the next super app. I choose to believe that they want the users in order to sell more marketing money to another sucker. But well, as long as there are benefits to consumers and data is kept confidential. Why not?

What or who owns BigPay?

As defined from the website, AirAsia founder and CEO Tony Fernandes officially unveiled BigPay, the budget airline new digital payments platform, at the Money 2020 conference in Singapore

BigPay offers a mobile wallet which can store up to 10 credit and debit cards, and has partnered with MasterCard to offer its own top-up cash card that can be used for payments and withdrawals worldwide. Users can view transactions in real-time on the app to keep track of their daily spending.

What set them apart? As they have claimed

BigPay allows you to spend in 150 supported currencies without transaction fees at Visa’s exchange rate, and also allows you to withdraw money from overseas Via, Maestro, or Cirrus ATMs. It also allows you to make international bank transfers. I’m not too sure if this is the best way to do this as there are so many other options that can also do this.

Rewards

The app has a interface that would reflect spending categories and that separation would be suitable for someone who appreciate such stuff to track their monthly expenses.

Of course, all wallets would have their rewards to keep you using their app for a pro-longed period until you are dependant on it. t

The reward: 1 BIG points for every $5 spent on payments only. I think that for now, they have not figured out the main touch points that people want for rewards other than implementing their own services. This will come unless the app decided that they do not wish to invest more money on this. So this is a very good way to measure how serious a company is when they start expanding their business.

The Deal – $5 for referrer and referee

The key benefits now: We’ll both get $5 credited to our BigPay wallet when you complete the sign-up process by activating the physical card that’d arrive in your mail. After that, you can refer your friends and so on and so forth. It doesn’t seem like there is any cap at the moment since they are new.

Easy transfer back to account

BigPay allows you to withdraw your balance in cash to your bank account. The thing to note is that it’s limited to $100 a day, $300 a month, and you have to pay $1 fee each time you withdraw as a transaction fee. Okay, that isn’t too great a news. Most people don’t even want to pay $0.01 for anything.

That being said, as my philosophy, don’t sweat the small stuff. Smaller or new companies need to pay their overheads and salaries so this mindset would take a least a decade for people to understand.

Sidetrack a little to those who think that saving every cent is considered thrifty. Don’t blame companies for raising prices or dropping interests.

  1. No one owes you anything
  2. It is a free world. Anyone is free to choose – Do not use what you determine as best to define good.
  3. Treat customer service with respect.
  4. Companies have overheads and salaries to pay. Directly or indirectly it saves someone a job and income so increased costs have to be translated back to consumers.
  5. Don’t sweat the small stuff.

Able to stack with other cards

BigPay can double stack with prepaid cards, which is also something that is virtually impossible. For now, you can still use your Grab Card to top up your BigPay wallet. Nice.

It also seems like the Razer Card (which is still in beta) works with BigPay for now.

Delivery

It takes about 4-7 business days for the card to transit and reach you via a registered courier. From there, you will then receive your card.

Conclusion

The Pros:

  • Works with some prepaid cards
  • Withdrawal can be done but at a cost.
  • Hard to find more

The Cons:

  • Low and limited withdrawal amount of $100 per day; $300 per month.
  • Rewards seems pretty and limited so I probably will not use it.

Disclaimer

This is not a sponsored post. This is just a tool and exploration to find out discounts and deals. It is never too much to learn and know more about.

If you like what I am sharing, use my BigPay referral code and both you and I will get $5 sign up bonus. Sign up with the referral code CQDU0PRU7X or tap on this link BigPay Referral now

This picture image was taken off BigPay website for illustration purpose only.

Christmas Dash

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I’m not a big fan of Singtel but as usual, don’t go against anyone or anything that gives you a decent deal. Dash is basically a digital payment App. They have developed the interface to include deals and a rewards scheme if you use their app to buy, remit or top up SIM card or international air time. Basically, like a grabpay app but suited to fit in their own services.

If you use Singtel Dash to shop, dine and spend this festive period, Dash users will earn a bonus chance to shake the Dash snow globe within the app and win a sure-win prize so long they meet any of the criteria from now till 31 Dec 2020:

  • Make a min $20 hi! SIM card top-up / Make an international air time top-up of $10
  • Make a purchase of minimum $10
  • Remitting $400

Disclaimer

This is not a sponsored post. This is just a tool and exploration to find out discounts and deals. It is never too much to learn and know more about.

If you like what I am sharing, use my Dash referral code and both you and I will get up to $2 cashback for your first Singtel Dash transaction. Sign up with the referral code DASH-RYJKN or tap on this link SingTel Dash now

This picture image was taken off Singtel Dash for illustration purpose only.

Everest Gold

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The sound of Everest Gold is not exactly sound and safe at first notice but they are a new digital trading platform. You can trade gold digitally now, akin to a stock brokerage account. There are a number of articles out there from bloggers and online news that talks about Everest Gold.

Trying it out

To try it out, you do not need to put in any money. All you need is to use my referral code and your will be awarded 200k points which is approximately USD 20. These rewards can be used to subscribe for gold during their events.

  • No need for any transactions. Just make sure your details, bank accounts and everything is verified.
  • Referral is limited. Not sure if they will be bringing this back but in Oct 2020, the fee was 300k points which is approximately USD 40.

Referral

Use this link to find out more if you are interested at Everest Gold or use this referral code when you decide to sign up: TZLLE. Both of us will get more rewards for subscription.

History

A little dig up of the company. Everest Gold is a Singapore-based  fintech gold trading form. The creation of such a service is to digitise gold trading and makes it easy for both beginner and expert investors. It is suitable for anyone who have interest in gold trading. I personally have also tested their customer service team and response is pretty decent.

Everest Gold uses 999.9 pure investment grade gold. 1kg bard are from a refiner in switzerland. You can also download them from an app and investing starts from 1 gram. From what it seems, anyone can trade and liquidate almost immediately. Physical gold assets can also be collected from their depositories by submission of a request in-app.

Disclaimer

I do use this service and by signing up as a referrer, both you and I will get some benefits.

As with all investments, there are risks involved so please do your own diligence.

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://lifejourney.blog/contact/

The pictures were taken from the Everest Gold website for this article.

Stash Away (Sep & Oct 2020)

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I’ve not been diligent in posting my performance that i invest into Stash Away. It has been positive so far (the experience) and I’ll say it is on par with what Endowus is providing. In my own words, I’ll say that they complement each other and offer different perspective. I do trust and believe their views on certain aspects of investing and hence, SA shall be the second robo advisor that I will build a long term goal with over time.

I have since adjusted the risk index to below 20% as I felt that there isn’t a need to go all out Risk On. Having calculated risk per $ makes more sense in my opinion as news and information goes on a random rampage. Most importantly, I am invested – So if Mr Market decides to go up that is fine too. If Mr Market decides to go down, then it will be time to put more funds in. After all, it is a long game.

Retirement Portfolio A (risk-14%)

The SRS account since deposit is currently at +2.46% as on 5 Nov 2020. It’s one of those that I went in February 2020 before the crash came in March 2020. Nonetheless, I believe in the long term strategy that S&P 500 or index generally rises over the longer term so I have a super long horizon on this. I haven’t decide if I should fund more SRS monies into SA or Endowus. We shall see how things turn out.

Education Portfolio B (risk-16%)

This is something I set on a 15-18 year horizon. It is at +5.06% as at 5 Nov 2020 and I think that is a good return in my view. I have been averaging in whenever there are market dips. The risk index is at 16% and I will adjust from time to time as I do believer that by doing so, you sell some assets while buying into a new asset class based on the risk you set so in a certain sense, I can take profit while increasing or reducing my risk. Try not to touch any of those if you don’t quite understand how that works. There is some level of punting involved.

Education Portfolio C (risk-20%)

This portfolio has a shorter horizon of 12-15 years so I feel that I need to take on some risk to achieve my goals. This SA risk index is currently at 20% and will take on to be one of my riskiest portfolio. More funds will be added over time to achieve my targeted invested goals.

Conclusion

So far StashAway has not failed me in a sense that it fits in to my investing style and logic. I wish to put more into the accounts but I cant bring myself to invest when prices are going higher and higher. Instead, when things come down I find it easier to put money in.

To sign up or try out Stash Away, visit the website and use my referral code at Stash Away Referral

We’ll both get up to $10,000 SGD managed for free for 6 months which is a good deal.

Disclaimer

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://lifejourney.blog/contact/

The pictures were taken from the Stash Away website for this article.

Endowus – Performance Sep & Oct 2020

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I should actually do this regularly on the monthly updates to reflect how effective this portfolio can be. I missed one month of record in Sep 2020 and hence this jumped forward to the Oct 2020 portfolio.

As you can see, the last period of Oct has been a pretty volatile US market which makes diversification much more important. I am beginning to see the benefits of using Endowus as it is a systematic approach. When i initially signed up for this in May 2020, I wanted to see how the CPF portfolio and SRS/Cash portfolio performs. Truth behold, there wasn’t any worries about market dropping off and if I should sell any tickers.

SRS Portfolio

This is definitely up my alley in terms of overall portfolio management as well as long term Core portfolio. Without more talk, let’s take a look at both portfolio. This is the SRS/Cash portfolio which consists of my favourite Dimension Funds in a 40% bonds/60% equity. Overall from May 2020 to 5 Nov 2020, it is a 6.86% increase in absolute terms.

 

CPF Portfolio

For the CPF portfolio, it does not come with the Dimension Funds due to the restrictive nature in what you can invest in but I think this is excellent performance compared with the 2.5% in CPF.

Just simply, 6.66% in absolute returns ever since investments were made in May 2020.

Frankly, initially when I got to know about Endowus it felt like oh gosh another robo-advisor but when I started to listen and understand what they are trying to do, I am beginning to trust that what they are doing is for the good of the community and retail investors. Their fees are arguably one of the lowest in terms of value from the way i see see.

Recently they came up with a SmartFund DIY portfolio which looks really interesting. I would definitely be looking this up when there is a market pullback.

A quick review again:

  • Endowus is the first and only robo-advisor to be approved by the CPF board to use your CPF OA excess funds to invest.
  • 100% trailer fees back to the consumer.
  • Over the months, investment content and market overview has been valuable.

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 https://lifejourney.blog/contact/

These pictures were taken off Endowus website for reference.