EndowUs Roboadvisor: investing using CPF

WoShiPro

WoShiPro

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Have anyone received funds rebate yet? It's credited quarterly or once per year?
 
belgarathc

belgarathc

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s0crates said:
31 August .
LionGlobal All Seasons Fund (Growth) $500 Promotion
Terms & Conditions of Endowus “LionGlobal All Seasons (Growth) $500 Promotion” 1. This promotion is organised by ENDOW.US Pte Ltd. (“Endowus”). Each participant is solely responsible for ensuring that participating in this promotion is not illegal or prohibited by the laws or regulations of any...
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endowus.com
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$500 on 10k investment? Sounds suitable for SRS funds, which will offsets Endowus fees for a couple of years?
 
B

BernardWYF

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Now is all time high on stocks and bonds, if go in to start invest in Endowus safe or not?

Will loose money when market fall and then Endowus capital drop until dont know the road?

Poor people with very little money always very scare loose money at old age investing, but knowing that inflation is eating away the bank savings have to bit bullet to gamble.
 
silverbomb

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BernardWYF said:
Now is all time high on stocks and bonds, if go in to start invest in Endowus safe or not?

Will loose money when market fall and then Endowus capital drop until dont know the road?

Poor people with very little money always very scare loose money at old age investing, but knowing that inflation is eating away the bank savings have to bit bullet to gamble.
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there's always the method of DCA by monthly fixed/variable amount investment to spread out your invest instead of lump sum. if you are afraid put money few days later drop heart-sinking feeling cannot sleep in peace, self investing is not recommended. this is why robo-advisors exist. to give you a head-start dip into investing as they select the funds and investment strategy based on your investment risk appetite. there will be test upon sign-up to determine your risk appetite before recommending you a portfolio that is more palatable for your taste. meanwhile this is the time you use to obtain more financial literacy through reading and learning, and by seeing how your portfolio performs it gives an insight to how investments performs from time to time. It builds your confidence before you decide whether self-investment is the next step to go beyond robos.

For Endowus, they have gone though steps to obtain the necessary licenses to operate here and have been around for some years already. It's not any small peas and peanut company can open a robo-advisory here at least in SG especially they are able to tap onto CPF investment which alot of robos are still struggling to get the rights to tap onto the CPF schemes.

it is normal for market to fluctuate high and lows appears in cyclical pattern. and the current highs may be the high now, but this high could be beaten by a higher high somewhere in the future (this somehow doesn't applies to STI, our market is too predictably weak that is why alot of SG companies are listing overseas now)

and again, there is no 1 single investment (whether robo or not) that can guarantee no loss. but mostly will be performing alright unless there's sudden factors that is unpredictable (e.g. Covid (Mar 2020 sell-off), crisis, etc...) that may cause your chosen portfolio to under-perform (even robos need time to re-optimise, they don't react immediately) so good luck to you ahead. you are right that in order to take more, you need to take some risk so do what's right.

If you need a Endowus referral, you can reach out to me.
 
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alex22

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belgarathc said:
$500 on 10k investment? Sounds suitable for SRS funds, which will offsets Endowus fees for a couple of years?
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CPF funds PRECLUDED FROM THIS PROMO.
https://endowus.com/insights/lgi-all-seasons-growth-asg-500-promotion/
The promotional award will be invested in the form of a $100-$500 cash investment into LionGlobal All Seasons Fund (Growth) units with a 90 days minimum holding period.
To process the investment, Endowus will create a Fund Smart Goal on behalf of the new client.
The number of units received by qualifying new clients is determined by the net asset value of each unit at the time the promotional award is processed.
The value of the LionGlobal Seasons Fund (Growth) units may fluctuate during and after the holding period and may fall below the original value.
Endowus does not guarantee the value of the promotional award as a result of price fluctuations.

But why variable amount? I don't get this part.
 
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dappermen

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Edwus hitg 1b whereas sa alrdy hit 1billion usd in early this yr-

We are proud to announce that we have crossed S$1 billion in assets under advice. This is a huge milestone for us, and we owe it to you, our clients, who have placed enormous trust in us to advise and grow your wealth.

This is a step for all of us who believe in a better wealth experience - with access to systematic advice, better products, and fairer, lower fees.

To share the joy with you, we are doubling our referral bonus from 7 Jul to 15 Aug 2021. Get $40 in Access Fee credits* for every referral you make (while your referee gets $20 in Access Fee credits for themselves).

If u need a code, u knw who to look for rt??
 
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s0crates

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dappermen said:
Edwus hitg 1b whereas sa alrdy hit 1billion usd in early this yr-

We are proud to announce that we have crossed S$1 billion in assets under advice. This is a huge milestone for us, and we owe it to you, our clients, who have placed enormous trust in us to advise and grow your wealth.

This is a step for all of us who believe in a better wealth experience - with access to systematic advice, better products, and fairer, lower fees.

To share the joy with you, we are doubling our referral bonus from 7 Jul to 15 Aug 2021. Get $40 in Access Fee credits* for every referral you make (while your referee gets $20 in Access Fee credits for themselves).

If u need a code, u knw who to look for rt??
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SA got Malaysia business, I think good chance Singapore Endowus is biggest already haha.
 
C

CrashWire

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alex22 said:
https://endowus.com/insights/lgi-all-seasons-growth-asg-500-promotion/
The promotional award will be invested in the form of a $100-$500 cash investment into LionGlobal All Seasons Fund (Growth) units with a 90 days minimum holding period.
To process the investment, Endowus will create a Fund Smart Goal on behalf of the new client.
The number of units received by qualifying new clients is determined by the net asset value of each unit at the time the promotional award is processed.
The value of the LionGlobal Seasons Fund (Growth) units may fluctuate during and after the holding period and may fall below the original value.
Endowus does not guarantee the value of the promotional award as a result of price fluctuations.

But why variable amount? I don't get this part.
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This part is new: "Qualifying investments have to remain invested in the Endowus account until at least 31 August 2021." (See: this post.)

I wonder what would happen to those who signed up under the old promo, but have not funded their accounts: https://endowus.com/insights/invest-with-endowus-and-get-up-to-500/
 
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s0crates

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George Soros said:
Which promo better? 88‰ national day promo or 20referral?
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Do your math lo - how much are you investing with them? Cash or CPF/SRS?

Just calculate the fees roughly will do. Anyway don't be penny wise pound foolish and invest more than you should just because it's discounted fees haha
 
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