EndowUs Roboadvisor: investing using CPF

[SBC]

Can change the fund & its allocation ratio after setup?

 

[VanquishShadow]

Can change the fund & its allocation ratio after setup?

For Fund Smart, you can change your fund selections and weights.

For non-Fund Smart goals, I believe you can only adjust between different risk profiles.

If you want to have finer control of the specific fund(s) and the weights allocated to each, Fund Smart is probably a better option for you.

 

[SBC]

For Fund Smart, you can change your fund selections and weights.

For non-Fund Smart goals, I believe you can only adjust between different risk profiles.

If you want to have finer control of the specific fund(s) and the weights allocated to each, Fund Smart is probably a better option for you.

Thanks, will play around on the app.

 

[dappermen]

Side news - some of u will visit their office too?
PERSONAL CHAUFFEUR CLUSTER

A 31-year-old Hong Kong citizen who works as a senior executive at Endowus was added to the cluster involving a 53-year-old Singaporean personal chauffeur.

The 31-year-old was identified as a family member and household contact of two previous cases. His quarantine was extended when he was found to be a household contact of another two infections.

He was tested on May 21 and May 23, and his results were negative. He developed a cough on May 24 and he was tested for COVID-19. The test result came back positive the following day.

This cluster now has eight cases.

8 is not a small fig !https://www.channelnewsasia.com/new...y-26-dormitory-unlinked-jem-westgate-14888262

 

[BernardWYF]

Guess now is not a good time to start investing into this when Stock Markets are all time high ... the risk of corrections and bear market is high .... and the capital invested will probably shrink significantly during that time. Is it better or safer to sit back and wait?

 

[dappermen]

Hmmm 富贵险中求

Risk= much more opportunities to some

 

[xiaosen]

Guess now is not a good time to start investing into this when Stock Markets are all time high ... the risk of corrections and bear market is high .... and the capital invested will probably shrink significantly during that time. Is it better or safer to sit back and wait?

Have you been asking this question all the while? When bear market there is fear you cant go in because price keep going down, when there is bull market price is all time high. there is never a good time to go in unless you crystal ball can predict the stock price. why not DCA and if bear market come you can buy more to average down.

quote from somewhere "Nobody can exactly predict a stock’s future price but that doesn’t stop many from trying to do so. Study after study over the years has shown that “market timing” does not work and that “time in the market” is the way to go. That said, academia can be redundant. We’ve simplified the differences between time in the market and market timing to explain the best investing strategies for investors. "

IMHO

 

[dappermen]

they hve added a no. of new funds which may nt come cheap!

https://www.leggmason.com/en-sg/pro...#shareclass=A SGD DIS (M) H PLUS&t=0,1,2&st=0

 

[s0crates]

Side news - some of u will visit their office too?
PERSONAL CHAUFFEUR CLUSTER

A 31-year-old Hong Kong citizen who works as a senior executive at Endowus was added to the cluster involving a 53-year-old Singaporean personal chauffeur.

The 31-year-old was identified as a family member and household contact of two previous cases. His quarantine was extended when he was found to be a household contact of another two infections.

He was tested on May 21 and May 23, and his results were negative. He developed a cough on May 24 and he was tested for COVID-19. The test result came back positive the following day.

This cluster now has eight cases.

8 is not a small fig !https://www.channelnewsasia.com/new...y-26-dormitory-unlinked-jem-westgate-14888262

Lol like that can also write article. Turns out it's the CEO that caught the virus

httpsps://endowus.com/insights/contacting-covid-statistics-lessons/

 

[s0crates]

lol, it is obvious it is the top mgt cos fr overseas (most ceo , cio r nt locals incld SA/ syfe), fr his accent u knw he is nt born& bred in sg too

those CS, admins etc, mktg r mostly Locals

serves too many rich indian clients? SORRY TO Say

It's from the chauffeur la read the news pls lol.

I think the robo that serve many Indians more likely to be syfe or kristal.ai lol. All

 

[dappermen]

kristal.ai

Kristal still exist???

chauffeur gotten from?? Chauffering vvvvip investors loh

 

[Mr. Wood]

Lol like that can also write article. Turns out it's the CEO that caught the virus

httpsps://endowus.com/insights/contacting-covid-statistics-lessons/

evything they can oso link it back to investment

 

[5408854088]

 

[dappermen]

Why from invest quest? I think apply to all….. so long it is endowus right??

first $10,000 invested in any of their “General Investing” or “Cash Smart” portfolios.

 

[5408854088]

 

[dappermen]

 

[s0crates]

Since launching its full service in late 2019, the total amount of assets under advice has surpassed S$1 billion ($743 million), according to the company.
That’s expected to more than double to S$2.5 billion by the end of this year, according to Rhee.

https://www.bloomberg.com/news/arti...ital-wealth-app-scores-money-from-ubs-samsung
These guys are throwing insane projections hahaha... Don't think 2.5 billion is possible, if so they would probably be the size of all the non-bank robos combined....

 

[gold_eagle36]

I believe they are scooping up higher net worth clients probably those leaving banks.

Actually the momentum for investing still there. A lot of retail investors only started in 2021 after looking at 2020.

My guess is they will surpass stashaway eventually. But stashaway has overseas expansion so might be close fight.

 

[YouHeypiCanLiao]

Hmmm 富贵险中求

Risk= much more opportunities to some

corresponds to higher drawdown also

 

[s0crates]

I believe they are scooping up higher net worth clients probably those leaving banks.

Actually the momentum for investing still there. A lot of retail investors only started in 2021 after looking at 2020.

My guess is they will surpass stashaway eventually. But stashaway has overseas expansion so might be close fight.

Within Singapore they should be biggest soon enough , given that they can tap on CPF monies. Yes totally agree on the private banking and HNW part, those are a good base to tackle with investments held in own legal name.

Anyway I think give another 2 years the industry sure consolidate... Once the digital banks come in the weak one sure die.