EndowUs Roboadvisor: investing using CPF

[s0crates]

No idea. Someone should try and let you us know. I don't think they can confiscate our assets lol

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

 

[s0crates]

Many bloggers talking about Endowus recently. All happy to invest despite 10k minimum sum?

https://az-ra-el.blogspot.com/2020/02/an-idea-on-helping-my-dad-make-his.html?m=1

https://investmentmoats.com/money/invest-your-cpf-oa-monies-endowus/

 

[assiak71]

Many bloggers talking about Endowus recently. All happy to invest despite 10k minimum sum?

https://az-ra-el.blogspot.com/2020/02/an-idea-on-helping-my-dad-make-his.html?m=1

https://investmentmoats.com/money/invest-your-cpf-oa-monies-endowus/

I think cpf wise endowus is the only one available right

So the aporoach is to invest cpf and use cash for property?

 

[twosix]

roboadvisors are brand new, only started popping out these few years. those charts they plotted, say after 10yrs can get 2x return, please.... do not take it at face value.

if u have a lot of spare cash, u can try a small sum on these roboadvisors. dun put all ur money into it. there are no precedent that roboadvisors can deliver such results!

also, i'd spread out my portfolio to include local blue chips like the big 3 bank stocks. my father has been investing in these banks since young. he retired at 55 and is enjoying life now.

 

[twosix]

I think cpf wise endowus is the only one available right

So the aporoach is to invest cpf and use cash for property?

use cash for property as the interest rates from banks are lower than cpf's rates. for property, buy for your own stay, nowadays with the additional taxes, property is not a good tool for investments already. buy reits instead as some reits can deliver >5% returns yearly. for the $millions invested in a private property, you can instead buy many different reits to spread out the risks.

 

[s0crates]

I see Endowus as a cheaper fundsupermart, using fund managers that have been tried and tested. Their face value is of greater value than other robos that back tested their results hehe.

Anyway for the same exact reason I won't invest in local banks. Got robos and digital banks, local bank long term prospects good or not??

roboadvisors are brand new, only started popping out these few years. those charts they plotted, say after 10yrs can get 2x return, please.... do not take it at face value.

if u have a lot of spare cash, u can try a small sum on these roboadvisors. dun put all ur money into it. there are no precedent that roboadvisors can deliver such results!

also, i'd spread out my portfolio to include local blue chips like the big 3 bank stocks. my father has been investing in these banks since young. he retired at 55 and is enjoying life now.

 

[tangent314]

also, i'd spread out my portfolio to include local blue chips like the big 3 bank stocks. my father has been investing in these banks since young. he retired at 55 and is enjoying life now.

This is just silly. The 3 big banks already total up to 37% of the STI ETF which is used to cover the local equities portion of the portfolios. By purchasing their shares directly you are over exposing yourself to the banking sector (which the STI is already overexposed to), so you end up REDUCING your diversification instead of 'spreading out' your portfolio.

 

[Han Shot First]

This is just silly. The 3 big banks already total up to 37% of the STI ETF which is used to cover the local equities portion of the portfolios. By purchasing their shares directly you are over exposing yourself to the banking sector (which the STI is already overexposed to), so you end up REDUCING your diversification instead of 'spreading out' your portfolio.

I think not many people invest in STI ETFs. For example, ES3 AUM is SGD $821.94 M. AUM of some unit trusts are in the billions of dollars.

Also picking individual stocks has higher upside potential. Investing in STI ETF guarantees "average" performance especially when TER of 0.30% is quite expensive for an index of only 30 stocks.

(I think) people who buy bank stocks probably are unlikely to buy STI ETF.

The fact that the 3 bank stocks make up 37% of the STI (Straits Times Index) is all the more reason to buy individual bank stocks rather than a STI ETF.

 

[Han Shot First]

I see Endowus as a cheaper fundsupermart, using fund managers that have been tried and tested. Their face value is of greater value than other robos that back tested their results hehe.

But why not MoneyOwl (instead of Endowus) as a cheaper Fundsupermart?

 

[s0crates]

Moneyowl more expensive what. And anyway moneyowl no cpf.

But why not MoneyOwl (instead of Endowus) as a cheaper Fundsupermart?

 

[hwmook]

But why not MoneyOwl (instead of Endowus) as a cheaper Fundsupermart?

Endowus can use CPF, I am already slowly switching my CPF investment over to endowus.

 

[Han Shot First]

Endowus allows recurring investments (i.e. RSP = Regular Savings Plan), right? Is there a fixed date every month when the RSP is performed (like case for MoneyOwl) or can one specify the day of the month for RSP? Searched but can't find the answer to this on Endowus website.

 

[1nd3x1nv3stor]

Endowus allows recurring investments (i.e. RSP = Regular Savings Plan), right? Is there a fixed date every month when the RSP is performed (like case for MoneyOwl) or can one specify the day of the month for RSP? Searched but can't find the answer to this on Endowus website.

Endowus will set the date of the monthly purchase initially but you can change it online if you want to.

 

[Okenba]

I think cpf wise endowus is the only one available right

So the aporoach is to invest cpf and use cash for property?

Only if you're so in love with what endowus offers...(which unfortunately for CPF, isn't even DFA...)

The options for investing with cash are far more numerous than investing with CPF.

 

[w1rbelw1nd]

Only if you're so in love with what endowus offers...(which unfortunately for CPF, isn't even DFA...)

The options for investing with cash are far more numerous than investing with CPF.

Totally agree. Cash investment is still the most flexible, with the least opportunity cost, even though behaviourally some people may be more keen to invest their CPF over cash because they cannot touch the money anyway.

I would use CPF for housing first then I use cash for investing.

 

[twosix]

This is just silly. The 3 big banks already total up to 37% of the STI ETF which is used to cover the local equities portion of the portfolios. By purchasing their shares directly you are over exposing yourself to the banking sector (which the STI is already overexposed to), so you end up REDUCING your diversification instead of 'spreading out' your portfolio.

well, it's your choice. i've already made a ton from the 3 banks. good day.

 

[twosix]

I think not many people invest in STI ETFs. For example, ES3 AUM is SGD $821.94 M. AUM of some unit trusts are in the billions of dollars.

Also picking individual stocks has higher upside potential. Investing in STI ETF guarantees "average" performance especially when TER of 0.30% is quite expensive for an index of only 30 stocks.

(I think) people who buy bank stocks probably are unlikely to buy STI ETF.

The fact that the 3 bank stocks make up 37% of the STI (Straits Times Index) is all the more reason to buy individual bank stocks rather than a STI ETF.

the sg bank stocks have been out-performing most of the other sg stocks in the last few years. with the bank stocks' prices now on the low side, time to stock up some more.

another will be the reits with the higher quarterly payouts.

 

[badsector]

Only if you're so in love with what endowus offers...(which unfortunately for CPF, isn't even DFA...)

The options for investing with cash are far more numerous than investing with CPF.

tested DFA 2 weeks ago using SRS. up 6.41%
quite lucky

 

[s0crates]

Ya likely due to SGD depreciation. Equities fund SGD denominated but unhedged. Bond funds sgd hedged, so wont benefit from sgd depreciation.

Wonder if endowus will provide unhedged pimco funds in the future. Just as an option.

tested DFA 2 weeks ago using SRS. up 6.41%
quite lucky

 

[Han Shot First]

the sg bank stocks have been out-performing most of the other sg stocks in the last few years. with the bank stocks' prices now on the low side, time to stock up some more.

Which of the bank stocks would you recommend?

another will be the reits with the higher quarterly payouts.

Which would you recommend - a REIT or a REIT ETF?