EndowUs Roboadvisor: investing using CPF

[limster]

You see so many bloggers, "thought leaders", talk about financial independence but say things like treating cpf as bond portfolio, but srsly when market crash, will they have the guts to invest or not?

last GFC, I overshot my CPF-OA stock limit, because it takes a few days to update the stock limit and I was buying everyday. End up broker call me and told me that my trade that went over the limit had to be split, half go to CPF-OA, half pay cash and go to CDP... but only need to pay one commission.

After I used up my CPF-OA, I used CPF-SA to buy First State Bridge

 

[chienwei]

You all use cash for property?

when there is a need to use CPF OA for property, will sell the investments. meanwhile, let it try to get higher than 2.5% gains per year.

 

[chienwei]

last GFC, I overshot my CPF-OA stock limit, because it takes a few days to update the stock limit and I was buying everyday. End up broker call me and told me that my trade that went over the limit had to be split, half go to CPF-OA, half pay cash and go to CDP... but only need to pay one commission.

After I used up my CPF-OA, I used CPF-SA to buy First State Bridge

hmm... I dun use my CPF SA now. tried some unit trusts and lost money.

seems like u have a good experience with SA investing?

 

[hwmook]

You all use cash for property?

Never used any cash for property, all pay from my OA. I paid the minimum amount from OA and invest the rest.

 

[FinalDestiny...]

Endowus CPF investing review by KK.
cpf investing review

 

[hwmook]

Endowus CPF investing review by KK.
https://www.risknreturns.com/2020/01/05/endowus-review-best-cpfis-product/

Your link doesn't work for me...

 

[s0crates]

This should work!

Very detailed post by KK


https://www.risknreturns.com/2020/0...tm_campaign=endowus-review-best-cpfis-product

Your link doesn't work for me...

 

[Okenba]

This should work!

Very detailed post by KK


https://www.risknreturns.com/2020/0...tm_campaign=endowus-review-best-cpfis-product

Interesting. I think I've seen some of the tables before, but probably never really registered them.

Observations:
- The 3 more aggressive portfolios probably give you the most bang for your buck because of the amount of trailer fees rebated. More than the 0.40 EndowUs is charging to manage your portfolio.

- The weighting however among the equities seems to underweigh Europe. The entire continent seems underrepresented, along with Japan.

- Slightly greater weights to EM and Asia Ex-Japan, but understandable if they argue that they are following DFA philosophy of looking for value.

 

[s0crates]

Omg endowus CNY referral promo!!!!! PM me for $38 off access fees!!!

 

[assiak71]

You know the rules on referral links Joel

 

[s0crates]

Oops deleted!

You know the rules on referral links Joel

 

[s0crates]

Got a mail from Uobkayhian telling me that my first state dividend advantage units have been reinvested value dated 16 January 2020 at reinvestment price of $2.0487.

Anyone receive similar statements?

 

[FinalDestiny...]

Got a mail from Uobkayhian telling me that my first state dividend advantage units have been reinvested value dated 16 January 2020 at reinvestment price of $2.0487.

Anyone receive similar statements?

I received one too.

 

[s0crates]

Yes nice! Now I am just waiting for the trailer fee rebates that make Endowus so special. Not sure how they are going to handle it. Is it reinvested or given back in CPF OA monies?

I received one too.

 

[decibel.]

Hi, to start with endow does it mean must put lump sum 10K first? In this case won't the lump sum be against the DCA principal? Like your p&l is abit dependent on when u start the 10k lump sum?

Sent from HUAWEI VOG-L29 using GAGT

 

[assiak71]

Hi, to start with endow does it mean must put lump sum 10K first? In this case won't the lump sum be against the DCA principal? Like your p&l is abit dependent on when u start the 10k lump sum?

Sent from HUAWEI VOG-L29 using GAGT

Wuhan virus is a good time anyway

 

[s0crates]

I started with a smaller amount just to understand the trade flow haha. Then I quickly invested more so that more of my CPF invested.

I think they are not super stringent, but I have friend saying that after 2 months or so they will call you up and remind you if you don't hit 10k.

Hi, to start with endow does it mean must put lump sum 10K first? In this case won't the lump sum be against the DCA principal? Like your p&l is abit dependent on when u start the 10k lump sum?

Sent from HUAWEI VOG-L29 using GAGT

 

[decibel.]

I started with a smaller amount just to understand the trade flow haha. Then I quickly invested more so that more of my CPF invested.

I think they are not super stringent, but I have friend saying that after 2 months or so they will call you up and remind you if you don't hit 10k.

Hmm you mean can just start without putting 10k initial?

Sent from HUAWEI VOG-L29 using GAGT

 

[s0crates]

Yup you can.

Hmm you mean can just start without putting 10k initial?

Sent from HUAWEI VOG-L29 using GAGT

 

[Han Shot First]

So what happens if one does not topup to SGD 10,000 after reminder?