EndowUs Roboadvisor: investing using CPF

[cscs3]

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

Thats right, factor in these chargers plus your potential earning of interest while your money is still in CPF to compute you nett earning/lost.

 

[Okenba]

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

Good info. Means that if you use CPF, may not make sense to DCA every month. Perhaps every year?

 

[s0crates]

Oh woah! They revamped their FAQ page!

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

 

[decibel.]

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

Wow I didn't see this previously. Thanks man. Then I guess DCA monthly not worth for CPF? For SRS seems like $0 bank charges.

Sent from HUAWEI VOG-L29 using GAGT

 

[decibel.]

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.

Hmm I'm planning to start small 100-500 then increase to 1000-1200 later on in my career. Time horizon maybe 25-30 years. Does that make sense?

Sent from HUAWEI VOG-L29 using GAGT

 

[Okenba]

Hmm I'm planning to start small 100-500 then increase to 1000-1200 later on in my career. Time horizon maybe 25-30 years. Does that make sense?

Sent from HUAWEI VOG-L29 using GAGT

Based on what was mentioned about fees, you may wish to reconsider monthly DCA and do it annually or semi annually instead.

 

[w1rbelw1nd]

Hmm I'm planning to start small 100-500 then increase to 1000-1200 later on in my career. Time horizon maybe 25-30 years. Does that make sense?

Sent from HUAWEI VOG-L29 using GAGT

I think anything in excess of $500 makes sense.

I am going to do around $2000~ every 2 months for my CPF OA investment, which translate to a 0.1% additional cost for OA investments. That is closer to a monthly regular savings plan and I dont want to look at my investment any more than that. Nice balance between frequency and cost.

 

[s0crates]

Wow seems like Endowus is aiming to come up with a cash product. They are doing some survey to get feedback. Something to go against stashaway simple?!

 

[xiangqin76]

Hi, anyone can PM me for referral links? I want to setup an account. Thanks.

 

[s0crates]

Endowus webinar next Wednesday!

https://www.eventbrite.sg/e/endowus-live-supercharge-your-cpf-tickets-98569811961

 

[assiak71]

Wow seems like Endowus is aiming to come up with a cash product. They are doing some survey to get feedback. Something to go against stashaway simple?!

To me i would like eg <= 1 day withdrawal. That would be nice

 

[s0crates]

I think T+1 is to the expectation, T+2 will be meh.

Wonder what's the expected return though. Would be surprised if they can advertise it at 1.9% given current rates cut and shift to safe assets.

Have stashaway revised their cash product projected returns??

To me i would like eg <= 1 day withdrawal. That would be nice

 

[s0crates]

Waaa market tank so hard. Heng my mom 20:80 Endowus SRS account still doing ok. Keke else sure get caned or disowned. Risk profiling matters!!!!

 

[s0crates]

The webinar is kind of dry. Zzz. But some good questions on why are they the only CPF online platform was asked, and investing cpf for older people.

https://www.youtube.com/watch?v=XojOy9LqGv0

 

[assiak71]

I wonder how dimensional world equity is doing relative to msci ac world imi

 

[w1rbelw1nd]

Thought its helpful to share Endowus's webinar on the recent market volatility and how past market volatility has tuned out.

https://www.youtube.com/watch?v=vGMWMm9GZ3w

 

[assiak71]

Thought its helpful to share Endowus's webinar on the recent market volatility and how past market volatility has tuned out.

https://www.youtube.com/watch?v=vGMWMm9GZ3w

Any interesting parts we can zoom in to?

 

[s0crates]

Can just watch la. Don't like can close. It's time stamped anyway.

Any interesting parts we can zoom in to?

 

[FinalDestiny...]

Link

Some interesting points:
Endowus has S$100 million AUM and is privately funded since its founding 3 years ago. They are looking for external funding in the middle of this year.

“Endowus says the company has some high net worth and institutional clients who have put in millions. However, the average ticket size is now between $50,000 and $200,000 — and trending lower with time. This is because Endowus is winning over more individuals and their money in CPF and SRS, thereby lowering the average. The minimum commitment is $10,000.”

 

[zerotoone]

current market like that, do you guys think it's better to just invest yourself in the capital markets or use roboadvisors like endowus?

also, anyone wanna refer?