EndowUs Roboadvisor: investing using CPF

[decibel.]

Since when banks are on the low side now?

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[hwmook]

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

Made a ton?

DBS Dropped 5% over 5 years

UOB gained 10% over 5 years

OCBC gained 10% over 5 years

Seriously how to make a ton from these 3 useless stocks?

This is how to make a ton of money.

 

[chienwei]

Made a ton?

DBS Dropped 5% over 5 years

UOB gained 10% over 5 years

OCBC gained 10% over 5 years

Seriously how to make a ton from these 3 useless stocks?

This is how to make a ton of money.

what is the stock u showed?

 

[tangent314]

Made a ton?

^ This looks like the DBS preference shares (retail bonds), not the stocks. You can tell from the twice per year drop in value

 

[decibel.]

Definitely not on the low side for DBS. Cycle coming soon

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[hwmook]

^ This looks like the DBS preference shares (retail bonds), not the stocks. You can tell from the twice per year drop in value

You are right. Somehow google show me that as first choice.

This is the correct one. 20% gain over 5 years.

 

[hwmook]

what is the stock u showed?

AMD, 2000% over 5 years.

 

[Syaman]

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.

Mine seems to be fixed for the 15th of every month.

Edit: Oops yes you can edit the date subsequently

 

[s0crates]

https://endowus.com/insights/your-g...vings-plan-for-cpf-srs-and-cash-with-endowus/

Fairly comprehensive guide.

Mine seems to be fixed for the 15th of every month.

Edit: Oops yes you can edit the date subsequently

 

[s0crates]

Anyway saw on Facebook Endowus is launching a telegram channel for their blog posts.


t.me/endowus

 

[Han Shot First]

How would you compare these 2 full equity portfolios for cash investment?
1. Endowus's Dimensional World Equity Fund portfolio (100% equity)
vs.
2. MoneyOwl's Equity Portfolio (comprising 88% Dimensional Global Core Equity Fund + 12% Dimensional Emerging Market Large Caps Core Equity Fund) (100% equity)

Which portfolio would you choose to invest with cash (if you had to choose one of them)?

 

[FinalDestiny...]

Confirmed that for CPF funds which has trailer fees, the trailer fee rebates will be transferred to our CPF account.

 

[hwmook]

Confirmed that for CPF funds which has trailer fees, the trailer fee rebates will be transferred to our CPF account.

Any idea when will they pay out the rebates?

 

[Xwzlol]

Is this good ? any success story to share, guidance and helps.

 

[w1rbelw1nd]

Is this good ? any success story to share, guidance and helps.

Well, its the cheapest way by far to get a globally diversified portfolio for your CPF, and a very competitive option for SRS. So it is a pretty compelling offer. I guess you can check the user ratings on seedly and comments there.

The offering is actually not complicated, since they advocate a very simple equities to bond portfolio with rebalancing. Main turn-off I heard is the $10,000 minimum investment, but if you look at your CPF/SRS balances, it is not much.

 

[decibel.]

Well, its the cheapest way by far to get a globally diversified portfolio for your CPF, and a very competitive option for SRS. So it is a pretty compelling offer. I guess you can check the user ratings on seedly and comments there.

The offering is actually not complicated, since they advocate a very simple equities to bond portfolio with rebalancing. Main turn-off I heard is the $10,000 minimum investment, but if you look at your CPF/SRS balances, it is not much.

But 10,000 initial is like lump sum instead of DCA. If I put 10K and market down, my every month DCA 100-500 will take very long to balance out? They should just remove the initial and charge like IBKR

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[w1rbelw1nd]

But 10,000 initial is like lump sum instead of DCA. If I put 10K and market down, my every month DCA 100-500 will take very long to balance out? They should just remove the initial and charge like IBKR

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Well, it really depends on the individual. If you only have $10k investable sum (meaning you have 30k in OA), and you are serving a mortgage with no increase in CPF OA at all then the risk is higher.

Anyway you know that agent bank charges are not cheap right? It is at $2/$2.50 per transaction, so you cannot just DCA $100 a month and invest through endowus. You will get ripped off by the agent bank.

I invested 50% of my investable sum and spread out the remainder over 3 months. Lump sum investing is supposed to do better, but I want to manage my emotions better. I will consistently invest once every 2 months moving forward to minimise agent bank charges while spreading out my investment. I think it is a fair compromise.

 

[decibel.]

Well, it really depends on the individual. If you only have $10k investable sum (meaning you have 30k in OA), and you are serving a mortgage with no increase in CPF OA at all then the risk is higher.

Anyway you know that agent bank charges are not cheap right? It is at $2/$2.50 per transaction, so you cannot just DCA $100 a month and invest through endowus. You will get ripped off by the agent bank.

I invested 50% of my investable sum and spread out the remainder over 3 months. Lump sum investing is supposed to do better, but I want to manage my emotions better. I will consistently invest once every 2 months moving forward to minimise agent bank charges while spreading out my investment. I think it is a fair compromise.

Thought CPF and SRS flat fee 0.4%?

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[w1rbelw1nd]

Thought CPF and SRS flat fee 0.4%?

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Flat fee but OCBC/UOB/DBS will charge a fee for handling the transactions, as well as recurring maintenance fees.

https://endowus.com/support/360000668054-how-much-will-i-pay-in-fees

 

[Okenba]

But 10,000 initial is like lump sum instead of DCA. If I put 10K and market down, my every month DCA 100-500 will take very long to balance out? They should just remove the initial and charge like IBKR

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If you put 10k and market down, you get to DCA at a cheaper price. So long as the market goes back up within your time frame, you still would have made.

Also, if your DCA is 100-500 per month, that is 1200-6000 per year. You would take 2-8 years to hit 10k worth. Less if market drops since you would be able to buy more with less money.