Squirrelsave robo components

[blurpandasg2014]

Hi All

Some of you may have read about this new robo called squirrelsave. Information of what etfs they invest in is not available unless u create an account with them

- - Not vested - -

Conservative

Balance

Growth

Aggressive portfolio

 

[blurpandasg2014]

Very aggressive portfolio

 

[limster]

this is the one that charges performance fee for any positive return? even if the positive return is below the benchmark they still charge... like that win liao....

 

[assiak71]

Rojak.....

 

[blurpandasg2014]

this is the one that charges performance fee for any positive return? even if the positive return is below the benchmark they still charge... like that win liao....

Sure win combo just like our ERP

 

[Shiny Things]

Hi All

Some of you may have read about this new robo called squirrelsave. Information of what etfs they invest in is not available unless u create an account with them

This is nuts. I get that the top portfolio is supposed to be "very aggressive", but 30% gold + 30% QQQ + 10% Brazil is just "we did a bunch of drugs and invested in whatever the flying purple elephants told us to buy!".

 

[Han Shot First]

What a joke! Did MAS actually license this company? Shame on the regulator.

The name of the company, Squirrelsave, already shows that they don't even know the difference between saving and investing. And yet they want to manage people's money for a performance fee in addition to an annual management fee.

Now the "asset allocation" of their robo components proves that they don't even know how to do asset allocation for sound investing.

Aside from the speculative choice of the other components, does anyone know why each portfolio has so much percentage of cash? And so much gold (even for the conservative portfolio).

 

[ceciltan]

Actually hor, I think these robos right. Just randomly choose some ETfs from BlackRock, states street, van guard. Sure wun go too wrong one.

 

[Han Shot First]

Actually hor, I think these robos right. Just randomly choose some ETfs from BlackRock, states street, van guard. Sure wun go too wrong one.

To paraphrase Burton Malkiel in his book "A Random Walk Down Wall Street", even a squirrel (monkey) throw darts at a list of (speculative) ETFs sure to win (some of the time).

Squirrelsave might be able to get some (Singapore) fools to part with their money. It would be interesting to know how many clients / customers they acquire and how much money they get eventually.

 

[blurpandasg2014]

This is nuts. I get that the top portfolio is supposed to be "very aggressive", but 30% gold + 30% QQQ + 10% Brazil is just "we did a bunch of drugs and invested in whatever the flying purple elephants told us to buy!".

When i added the most aggresive portfolio to one of my goals, i saw it invest in Russia yesterday!!! But today its off the allocation table

Today's allocation for "very aggresive" portfolio

 

[JuniorLion]

They have no idea what they are doing.

 

[Redfield]

just saw that the CEO and founder of squirrelsave is Victor Lye. lol

https://www.squirrelsave.com.sg/team.html