EndowUs Roboadvisor: investing using CPF

[sohguanh]

Hi, for banks, we are protected by SDIC. Any idea is there any such protection for Endowus?

Hmmm I think Endowus is like dollarDex,poems,ibkr,moo,tiger etc where they are not protected by any SDIC ? That is the reason why such investment instruments carry a higher level of risk as compared to say FD ? If this protection is a big concern for you, I would suggest don't invest just stick to FD and SSB and CPF for e.g

 

[decibel.]

I thought EndowUs is not custodian but UOB is and it's under our own name? Does UOB KH cover up to 500k USD?

 

[CrashWire]

Does UOB KH cover up to 500k USD?

Which institutions protect up to 500k USD?

 

[dappermen]

yes Reds alrdy mentioned UOB KH is custodian

 

[s0crates]

Which institutions protect up to 500k USD?

People here confuse between SIPC and SDIC hahaha.

One is US coverage for brokerage services while the other is insurance and capital guarantee for fixed deposit/savings accounts.

 

[dappermen]

updates

 

[gold_eagle36]

Rather than worried about what insurance. Why not worry about whether the underlying funds will perform well over long term. Or whether it suits your needs.

The funds are after all regulated and audited I supposed ?

 

[dappermen]

Yes & gd that this article shared the essence :

When “Suay” Is Better Than “Kiasi”​

- https://www.syfe.com/magazine/market-volatility-is-normal/?utm_medium=email&utm_campaign=Newsletter 134&utm_content=Newsletter 134+CID_527c1236f6f6a198c95836438af9ae2d&utm_source=campaign_monitor&utm_term=READ MORE

​

 

[s0crates]

Yes & gd that this article shared the essence :

When “Suay” Is Better Than “Kiasi”​

- https://www.syfe.com/magazine/market-volatility-is-normal/?utm_medium=email&utm_campaign=Newsletter 134&utm_content=Newsletter 134+CID_527c1236f6f6a198c95836438af9ae2d&utm_source=campaign_monitor&utm_term=READ MORE

​

Lol syfe and stashaway like to act as if their backtested portfolios are their actual track record. What best 3 months in the past 10 years.

You cannot even keep your old ARI portfolios on because your clients are complaining about poor allocation decisions. Won't be surprised if they shut down their equity 100 if it underperforms.

 

[dappermen]

Okie but i m still holding to the 100% eqty of Syfe up til now

Dont scare me

Won't be surprised if they shut down their equity 100 if it underperforms.

 

[s0crates]

Okie but i m still holding to the 100% eqty of Syfe up til now

Dont scare me

It is factual that syfe /stashaway has removed portfolios and/or removed clients rights to keep to old portfolios.

With a FA/RM they cannot force you to change portfolio, but somehow these robos can...

 

[sohguanh]

It is factual that syfe /stashaway has removed portfolios and/or removed clients rights to keep to old portfolios.

With a FA/RM they cannot force you to change portfolio, but somehow these robos can...

Will Syfe and StashAway be still around 5 years from now? I seeing so many "feedback" in here and other forums. Maybe they so suay kena the market correction in their early years after startup.

Once bull market start to run new fintech robo appear and then they will say theirs are good becuz invest with them green colour.

Let's be realistic we can only monitor which fintech robo is good in a bear market and now is the right time to measure their performance.

 

[dappermen]

Yes i got a rude shock when sa stop allowing me reopt!!! I gave up on sa entirely after a journey of 3yrs or so

Syfe try to regenerate itself by introducing syfe trade in order to survive!!!

It is factual that syfe /stashaway has removed portfolios and/or removed clients rights to keep to old portfolios.

 

[sohguanh]

Yes i got a rude shock when sa stop allowing me reopt!!! I gave up on sa entirely after a journey of 3yrs or so

Syfe try to regenerate itself by introducing syfe trade in order to survive!!!

This is normal for new startup. FSM back in 2000 also face competition and win the battle and emerge. We see Syfe SA fate is how.

 

[Yukikaze_88]

invest for 1m 10d with default general investing - core Equities 40: Fixed Income 60, red 0.99%
Can / should I shift to Equities 100%?

Actually, I've got the same question here too. Pretty noob to this whole thing, been in it since July last year with the same allocation. But with bond markets looking bad in the near/short-term (?), should we change allocation upwards? 60/40, 80/20, 100/0, etc?

Appreciate some advice.

 

[Okenba]

Actually, I've got the same question here too. Pretty noob to this whole thing, been in it since July last year with the same allocation. But with bond markets looking bad in the near/short-term (?), should we change allocation upwards? 60/40, 80/20, 100/0, etc?

Appreciate some advice.

You may wish to find out how much eqty100 has dropped since that poster posted about it in Jan. I have no idea personally, but would not be surprised if it is more than 20%.
Then ask yourself if you can stomach that type of volatility.

 

[Yukikaze_88]

Hmm, for the Endowus Core Flagship products, YTD:
- the 100/0 allocation returns are -5.6%
- the 80/20 allocation returns are -5.4%
- the 60/40 allocation returns are -5.12%

Not sure if I am looking at the right figures?

 

[demoforce1]

Hmm, for the Endowus Core Flagship products, YTD:
- the 100/0 allocation returns are -5.6%
- the 80/20 allocation returns are -5.4%
- the 60/40 allocation returns are -5.12%

Not sure if I am looking at the right figures?

the left side is Equity or Bond?

 

[Okenba]

You may wish to find out how much eqty100 has dropped since that poster posted about it in Jan. I have no idea personally, but would not be surprised if it is more than 20%.
Then ask yourself if you can stomach that type of volatility.

Sorry! Think I was thinking of another product.
Like I said, I don't know know the figures, but global ETF has dropped almost 15% of all-time highs not too long ago, so -20% is not unreasonable for active portfolio.

Hmm, for the Endowus Core Flagship products, YTD:
- the 100/0 allocation returns are -5.6%
- the 80/20 allocation returns are -5.4%
- the 60/40 allocation returns are -5.12%

Not sure if I am looking at the right figures?

If indeed they dropped only 5-6%, that's pretty decent in the current climate I think.

Nonetheless, I think my point is that stocks will be more volatile than bonds. So you need to know if you are prepared for such fluctuations.

 

[Yukikaze_88]

the left side is Equity or Bond?

Oops, sorry for not being clear. Left side is equity, right side is bond. So 80/20 would mean 80% equity, 20% bond, for example.

Sorry! Think I was thinking of another product.
Like I said, I don't know know the figures, but global ETF has dropped almost 15% of all-time highs not too long ago, so -20% is not unreasonable for active portfolio.

If indeed they dropped only 5-6%, that's pretty decent in the current climate I think.

Nonetheless, I think my point is that stocks will be more volatile than bonds. So you need to know if you are prepared for such fluctuations.

Yeah no worries! I was just thinking if it would be a right move to go up at least a bit from my current 40/60 allocation, assuming I can stomach a bit more risk, and since the bond market isn't looking that good too...?

Or maybe stick through it this year first or something.