DBS digiportfolio

[dappermen]

Raw 3% return? Your time wt ret shd b much higher

He joined in march too, much better….
8% at least n he didnt dca at all…..
https://forums.hardwarezone.com.sg/...alanced-journal.6491191/page-4#post-135487140Syfe balAnce/ growth nt as hi risk as syfe100 eqty



A fw day delay at endwus is nothg if it is for Lt!
And i start to
Luv endwus now! Initialy hated
Its speed! My feb invesmt w endwus is
More than 9% today!!!! No dca - didnt ride
On lows…..

 

[PC-User]

Raw 3% return? Your time wt ret shd b much higher

He joined in march too, much better….
8% at least n he didnt dca at all…..
https://forums.hardwarezone.com.sg/...alanced-journal.6491191/page-4#post-135487140Syfe balAnce/ growth nt as hi risk as syfe100 eqty



A fw day delay at endwus is nothg if it is for Lt!
And i start to
Luv endwus now! Initialy hated
Its speed! My feb invesmt w endwus is
More than 9% today!!!! No dca - didnt ride
On lows…..

10K in March, then in May, May then June. So actual return should be more lah.

Just started with Endowus. Hope you're right.

 

[dappermen]

Endowus. Hope you're right.

Smart choice!!! Initialy i was disgusted by the fees of endowus , hated to the max and its slowness too!!! But but…. But….. i take bk my words

Honestly sa 36% risk is a huge disapptmt and i hve been w them for years!!!

Syfe erm… erm still need further observatn!!!! I can only say Less is More, not More=more!! I hope syfe will believe in this instead!

 

[silverbomb]

Smart choice!!! Initialy i was disgusted by the fees of endowus , hated to the max and its slowness too!!! But but…. But….. i take bk my words

Honestly sa 36% risk is a huge disapptmt and i hve been w them for years!!!

Syfe erm… erm still need further observatn!!!! I can only say Less is More, not More=more!! I hope syfe will believe in this instead!

36% is performing worst than 26%. used to be 36% doing very well based on many reviews.

tide turns for SA now. SA used to be very well-liked by many till past 6mth to 1 year.

 

[vegavega25]

tide turns for SA now. SA used to be very well-liked by many till past 6mth to 1 year.

This is getting more off topic but a quick response will be appreciated: why is Stashaway less well-liked in the past 6-12 months?

 

[vegavega25]

Actually, something to keep on-topic as well. I am trying to prepare a list of pros and cons of the Digiportfolio. I have these as Pros so far.

• UCITS ETFs
• Multi asset portfolio
• Selection of decent funds
• Allows USD denomination
• Based with DBS, hence ease of access for DBS account holders at least
• Fairly quick rebalancing

Which of these are not valid? And what are the cons?

 

[dappermen]

Veg
The reason are shared in the robo thread too…. And some above!



Yes and now they spent more time doing financial planning and expanding into Hk!

36% is performing worst than 26%. used to be 36% doing very well based on many reviews.

 

[s0crates]

Actually, something to keep on-topic as well. I am trying to prepare a list of pros and cons of the Digiportfolio. I have these as Pros so far.

• UCITS ETFs
• Multi asset portfolio
• Selection of decent funds
• Allows USD denomination
• Based with DBS, hence ease of access for DBS account holders at least
• Fairly quick rebalancing

Which of these are not valid? And what are the cons?

No regular investment plan. Portfolio locked up during quarterly rebalancing. Huge bid-ask spread for FX conversion. Cash only investments.

 

[wira]

Actually, something to keep on-topic as well. I am trying to prepare a list of pros and cons of the Digiportfolio. I have these as Pros so far.

• UCITS ETFs
• Multi asset portfolio
• Selection of decent funds
• Allows USD denomination
• Based with DBS, hence ease of access for DBS account holders at least
• Fairly quick rebalancing

Which of these are not valid? And what are the cons?

other wish list for digiportfolio :
1. Support for SRS / CPF funds
2. Automatic DCA
3. Other types of portfolio, for eg REITS portfolio

 

[silverbomb]

No regular investment plan. Portfolio locked up during quarterly rebalancing. Huge bid-ask spread for FX conversion. Cash only investments.

Yeap so always plan ahead to exchange Forex elsewhere if can. The in house exchange rates are horrid. I've invested since they launched so 22% return isn't too shabby for global portfolio considering that it was entered b4 the March 2020 covid sell offs.

I only invest whenever they run promos or for a case at the start just to try out the service.

Btw heads up, they're gonna run again the 7.7 promo as a 8.8 promo so no harm trying when you get $18 cashback to cushion any potential losses.

https://www.dbs.com.sg/personal/ext...web-home-featured-cardtile-tidd-extrabonusday

 

[skpuppy]

other wish list for digiportfolio :
1. Support for SRS / CPF funds
2. Automatic DCA
3. Other types of portfolio, for eg REITS portfolio

Yeah. SRS is crucial. The DCA u can also do it yourself (not deal breaker). No SRS/ CPF is deal breaker. Knowing DBS ppl (ivory tower ****ers), they won’t listen to feedback one la. They just do whatever **** they like

 

[revhappy]

Can someone please share the latest allocation ratios of individual ETFs in the Asia and the global portfolios? Especially looking for the Fast & Furious risk level.

 

[revhappy]

Actually, something to keep on-topic as well. I am trying to prepare a list of pros and cons of the Digiportfolio. I have these as Pros so far.

• UCITS ETFs
• Multi asset portfolio
• Selection of decent funds
• Allows USD denomination
• Based with DBS, hence ease of access for DBS account holders at least
• Fairly quick rebalancing

Which of these are not valid? And what are the cons?

Allows USD denomination is a con. They are forcing you to convert to USD using their bad exchange rates, they could have easily allowed SGD funding and since they are a big bank and they are taking a bigger annual management fee, they could have easily absorbed the cost.

For this reason alone I shun Digiportfolio.

Their Asia portfolio is also like a joke, they just taking whatever is available in SGX and have created a portfolio, without any thought into how this should be positioned within an investor's portfolio. Should investor overweight Asia, underweight Asia? How are investors supposed to decide this?

Overall a very lazy effort by DBS, for the fees they are charging.

 

[dappermen]

forcing you to convert to USD using their bad exchange rates, they could have easily allowed SGD funding and since they are a big bank and they are taking a bigger annual management fee, they could have easily absorbed the cost.

True i shun it although the returns seemd better than Sa!


Any comments on the uob simple?? Are they better even though i read your comments on that thread too….nevermind that uob luv to cannibalised itself cos they r trying to aim their targets using all channels
https://forums.hardwarezone.com.sg/threads/uob-simple-invest.6544377/page-2#post-135607642

 

[CrashWire]

Their Asia portfolio is also like a joke, they just taking whatever is available in SGX and have created a portfolio, without any thought into how this should be positioned within an investor's portfolio. Should investor overweight Asia, underweight Asia? How are investors supposed to decide this?

The Fast and Furious level is 20.8% China and 4.6% Hong Kong. Really lose until Fast and Furious.

 

[Kojo0403]

Allows USD denomination is a con. They are forcing you to convert to USD using their bad exchange rates, they could have easily allowed SGD funding and since they are a big bank and they are taking a bigger annual management fee, they could have easily absorbed the cost.

For this reason alone I shun Digiportfolio.

Their Asia portfolio is also like a joke, they just taking whatever is available in SGX and have created a portfolio, without any thought into how this should be positioned within an investor's portfolio. Should investor overweight Asia, underweight Asia? How are investors supposed to decide this?

Overall a very lazy effort by DBS, for the fees they are charging.

Personally i think it’s just an option given to retail investors- those who are looking for option to gain instant exposure in China, India, Asia Reits.
Works well for someone who is only holding US or Developed market focused etf or believe that Asia will outperform rest of world in next decades

 

[skpuppy]

Allows USD denomination is a con. They are forcing you to convert to USD using their bad exchange rates, they could have easily allowed SGD funding and since they are a big bank and they are taking a bigger annual management fee, they could have easily absorbed the cost.

For this reason alone I shun Digiportfolio.

Their Asia portfolio is also like a joke, they just taking whatever is available in SGX and have created a portfolio, without any thought into how this should be positioned within an investor's portfolio. Should investor overweight Asia, underweight Asia? How are investors supposed to decide this?

Overall a very lazy effort by DBS, for the fees they are charging.

Agree. Bunch of lazy ducks

 

[zkwonz]

Yeap so always plan ahead to exchange Forex elsewhere if can. The in house exchange rates are horrid. I've invested since they launched so 22% return isn't too shabby for global portfolio considering that it was entered b4 the March 2020 covid sell offs.

I only invest whenever they run promos or for a case at the start just to try out the service.

Btw heads up, they're gonna run again the 7.7 promo as a 8.8 promo so no harm trying when you get $18 cashback to cushion any potential losses.

https://www.dbs.com.sg/personal/ext...web-home-featured-cardtile-tidd-extrabonusday

Oh thanks for sharing! Will considering use on day of promo if rates good also

 

[silverbomb]

Oh thanks for sharing! Will considering use on day of promo if rates good also

Like I mentioned in earlier post, you can plan ahead since u anticipate depositing

Use moomoo or tiger to exchange and transfer over to dbs multicurrency account to sit and wait for 8 aug to come. Tiger has better rates but takes t+2 to settle so cannot withdraw it immediately I learnt it last mth so plan ahead.

 

[skpuppy]

How much is the difference? Worth to do all these just to save that difference in forex?