EndowUs Roboadvisor: investing using CPF

[tesarise]

Thanks. I also noticed it is possible to setup a recurring transfer from Cash smart to other portfolio. So we can kind of top up any excess cash into the cash smart portfolio and have monthly fixed DCA transfer setup to an equity portfolio. That makes it very interesting. The cash smart acts like your cash buffer.

That is what I do also. But do note that Cash Smart ultra is still riskier than money market funds and it has been in the red for the past few months, although not as bad as fixed income.

 

[revhappy]

That is what I do also. But do note that Cash Smart ultra is still riskier than money market funds and it has been in the red for the past few months, although not as bad as fixed income.

Thanks, yes I do understand, cash smart ultra can go negative, but I dont intend to put a lot in it and I dont mind the fluctuations. It would just be my cash buffer to smoothen out the DCA. I would keep around $10k in it and top it up with $5k((+/-$1k) every month and also setup a recurring transfer of $5k each month to DFA global core equity fund.

 

[dappermen]

while article is writen by their top mgt..i agree none of the robos r similar , just picked the one which suit u and avoid SA for sure
after 2021, all should have collapsed and ......... now slowly picking up


https://endowus.com/insights/not-al..._qZF8-6h9Wfk7GcYrKm8TxpqCDZ6VQoypWr1I7h_crAAQ

 

[dappermen]

just 2 mth into his change of strat.......he changing strategy Again?!?!just cos he DCA now more (instead of once a mth, to once every fortnight)

 

[dappermen]

note: (not SRS) but if it is for CPF invesmt
- only 1 pdt: Lion global stk ( Class C) hence easier to compare Apple w Apple (if u dont understand why is Endowus better or......)

the Owl has nothing much to choose from, and Platform/UI is alwys impt (unless u just wanna 1 simple invesmt and insur purchase or free Will-writing)



Alwys rem, u must be able to beat abv 4% before u attempt! and dont be silly to sign up for bond/"safe" funds
do note promotions do NOT last too




Rev: how is your endowus journey? just realised u r Dca into $mkt?

cash smart ultra can go negative, but I dont intend to put a lot in it and I dont mind the fluctuations. It would just be my cash buffer to smoothen out the DCA. I would keep around $10k in it and top it up with $5k((+/-$1k) every month and also setup a recurring transfer of $5k each month to DFA global core equity fund.

 

[revhappy]

note: (not SRS) but if it is for CPF invesmt
- only 1 pdt: Lion global stk ( Class C) hence easier to compare Apple w Apple (if u dont understand why is Endowus better or......)

the Owl has nothing much to choose from, and Platform/UI is alwys impt (unless u just wanna 1 simple invesmt and insur purchase or free Will-writing)



Alwys rem, u must be able to beat abv 4% before u attempt! and dont be silly to sign up for bond/"safe" funds
do note promotions do NOT last too




Rev: how is your endowus journey? just realised u r Dca into $mkt?

Still too early, but I am mostly using it for my EM exposure via DFA EM large cap fund, I just put 21k and plan to keep adding my monthly savings to this fund.

 

[s0crates]

Errrr we can just use FSM for infinity global class C and there is no fees for it, just no trailer fee rebates.

Class C on endowus or worse still moneyowl doesn't make sense.

 

[sohguanh]

Endowus take quarterly fees from CPF investment so they will sell your a bit of holdings to get the fees. And then the rebates is go back into your CPF investment account. If you take those rebates out to invest you incur bank charges again for the CPF OA. This is the model I don't agree with Endowus and hence CPF investment best to use FSM no fees and any dividends is reinvest automatically which is a more logical model IMO.

 

[revhappy]

Errrr we can just use FSM for infinity global class C and there is no fees for it, just no trailer fee rebates.

Class C on endowus or worse still moneyowl doesn't make sense.

The dimensional funds are exclusive and you can access them only via a financial advisor. So there is some exclusivity you get. The FSM infinity fund is also a good choice, if you want strictly passive.

 

[s0crates]

The dimensional funds are exclusive and you can access them only via a financial advisor. So there is some exclusivity you get. The FSM infinity fund is also a good choice, if you want strictly passive.

I am replying to the comments on the honeymoney video. If it's class C fsmone is almost unbeatable, for single fund investment it's really pointless.

Anyway I am sure when dimensional comes in then it will be exclusive to Endowus for a start, at least on fund smart.

I am sticking with endowus since they have good chance of staying competitive for cpf investing

 

[WoShiPro]

Reallocated some of my lionglobal s&p and global funds to Allianz Global Artificial Intelligence

Overall weightage
30% S&P
30% Lionglobal infinity global fund
18% Schroder global emerging
12% FSSA china fund
10% Allianz Global Artificial Intelligence

Reason being having some exposure to AI/Tech since it's the future and sector is badly beaten down recently. The fund have some similar holding to ARKK. Tesla, Zoom, Roku and I'm a firm believer in growth company thou the only identical holding in my cash portfolio is Tesla which is also my top cash holding.

 

[sohguanh]

What kind of nonsense is sohguan trying to say?!!!!!!!?
O dear!

Below is from Endowus to me. If you no Access fee credit from referral promotion etc they sell your CPF investment get the fees

"For CPF and SRS investments, the Access Fee is first deducted from your available Access Fee credits. If there are insufficient credits, then the remaining payable fees will be redeemed from your investment holdings. Access Fees for CPF and SRS investments cannot be paid for with cash."

 

[dappermen]

did u do Single fund for each of your listed funds

or a lump?

 

[jinsatkilife]

is endowus the cheapest option for using cpf monies to invest in snp?

are there other options out there? the way they structure their fees is mind bogging and makes me wonder why other players don't do the same

endowus know they can charge high fees because ppl wan to invest in snp using cpf

 

[sohguanh]

did u do Single fund for each of your listed etf

or a lump?

Endowus not ETF it is UT. I never ever lump sum if possible. So Endowus get new fund put 100. Then DCA 100 every X weeks. Nowadays market so volatile lump sum risky. For bull market lump sum good since the line is uptrend most of the time.

 

[dappermen]

If you no Access fee credit from referral promotion etc they sell your CPF investment get the fees

of cos! isnt that How FSM deduct my quarterly platform fees too, what if i have no loose cash @ FSM a/c? then they will have to sell off my units too

isnt that logical?
If not what is the best way to do it?





and b it one cent or whatever u use to invest on CPFIS, it is a MUST that u have to incur bank charges, what is there which u disagree with? It is by Law

If you take those rebates out to invest you incur bank charges again for the CPF OA. This is the model I don't agree with Endowus

as an Endowus user of cos i knew how it function (and whether what Endowus offers) but sorry hence i dont know what u r trying to drive at
i wanna PMed u but u will not response as though using PM is illegal hence i have to say it out loud here
usually for personal attention matters, i take it offline

What kind of nonsense is sohguan trying to say?!!!!!!!?
O dear!

 

[dappermen]

Endowus not ETF it is UT. I never ever lump sum if possible. So Endowus get new fund put 100. Then DCA 100 every X weeks. Nowadays market so volatile lump sum risky. For bull market lump sum good since the line is uptrend most of the time.

Dear, i m not asking u (cos u announced it many times and i rem it , yes i can recall who tend to ask personal non-relevant qns or drive hateful feelings onto humans, dont be mistaken not ref to u , i m ref to general i can rem everyone's , those who pick on me but dont worry i ignore them totally ...if u still see me replying u that means u r not being "Ignored")

it is fund ...
typo

 

[sohguanh]

of cos! isnt that How FSM deduct my quarterly platform fees too, what if i have no loose cash @ FSM a/c? then they will have to sell off my units too

isnt that logical?
If not what is the best way to do it?

and b it one cent or whatever u use to invest on CPFIS, it is a MUST that u have to incur bank charges, what is there which u disagree with? It is by Law

What you say is not wrong but in Spore context cash and CPF make difference to me. We risk our CPF to get higher than 2.5% so the last we want is added fees imposed by provider.

Endowus and FSM model for CPF are different. FSM no fees for CPF dividend of any auto reinvest this is more logical to me. Endowus do it differently so I don't agree but I never say they are wrong.

I just post here let ppl know Endowus model for CPF fees is different from FSM. I let readers decide which model they prefer

 

[dappermen]

i dont care whether it is CPF or Cash, they all belong to me and ME!
so long the deduction is logical n reasonable , else wait till another smart guy to propose a better method!

 

[sohguanh]

i dont care whether it is CPF or Cash, they all belong to me and ME!
so long the deduction is logical n reasonable

Got big diff leh. CPF how you withdraw if you not in that age group? Cash is anytime can withdraw take out and use. CPF to some ppl is dead monies in an analogy. Die or migrate then monies can come out