Syfe Robo advisor thread

[JetStorm]

Just started. 10k. Lets see how the algorithm works on my 21% full equities portfolio.

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[cweihang]

Does it makes sense to lower the risk of the portfolio given the downturn?

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[assiak71]

Does it makes sense to lower the risk of the portfolio given the downturn?

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Stay the course.

 

[Han Shot First]

Stay the course.

When John Bogle said: "Stay the course.", what did he actually mean?
1. Stay invested?
2. Maintain a fixed asset allocation?
3. Continue to DCA?
4. Rebalance periodically?
5. ??

 

[KinoChoco]

Sorry to hijack this thread, personally I’m more of a fan of StashAway Robo and it’s a good time to be entering StashAway now that the market are down. Based on personal experiences of trying StashAway, auto wealth and smartly over the past years, StashAway has the best returns based on same amount (with highest risk allocation option selected) and DCA on the 3 platforms.

Feel free to PM me if you would like to understand more, do use my referral in order for both of us to enjoy 6 months off fees.

https://www.stashaway.sg/referrals/yonghuink5xr

 

[JetStorm]

There was a vs thread that says var between syfe and stashaway is different. So if u want to compare highest risk for syfe 25 will be stashaway 30. At stashaway 36... higher risk will definitely get higher returns.

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[len555]

Given the rebalanced done,mine is now equity 21% bond 72%, etc, if I top up then mostly it would just end up on bond right.. so even when market rebounded, and say rebalanced again to equity>bond allocation,chances are the very few accumulated gained in bond would then be used to buy a now a no longer cheap price of equity. Top up seems no gain? Pardon my ignorance, not an expert. Anyone can shed some light..

 

[assiak71]

I think of it this way

There has to be some drop first before the brake is applied.

Then there has to be some rise first before the brake is released

Therefore you will not reach the bottom as hard, but at the same time you will not buy at the bottom.

In the end it should be about the same. Dont expect syfe to return extra returns. Its just dampening the volatility, which may help in terms of psychology. So dont need to think so much and just add regularly

 

[2474265]

I think of it this way

There has to be some drop first before the brake is applied.

Then there has to be some rise first before the brake is released

Therefore you will not reach the bottom as hard, but at the same time you will not buy at the bottom.

In the end it should be about the same. Dont expect syfe to return extra returns. Its just dampening the volatility, which may help in terms of psychology. So dont need to think so much and just add regularly

I think you are right with most, except that I think that psychology is the key reason why people aren't as successful when it comes to investing as they could be (e.g. they panic when there's a small dip), therefore Syfe potentially helps people to be more successful by helping them to stay invested.

 

[s0crates]

Sounds about right. Outsourced market timing. If it does wrongly, blame the platform and algo, if it does right, pat yourself on the back!

I think of it this way

There has to be some drop first before the brake is applied.

Then there has to be some rise first before the brake is released

Therefore you will not reach the bottom as hard, but at the same time you will not buy at the bottom.

In the end it should be about the same. Dont expect syfe to return extra returns. Its just dampening the volatility, which may help in terms of psychology. So dont need to think so much and just add regularly

 

[JetStorm]

Syfe rebalanced my portfolio again before yesterdays crash.

21% risk portfolio and now my equities portion is 25%

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[assiak71]

Syfe rebalanced my portfolio again before yesterdays crash.

21% risk portfolio and now my equities portion is 25%

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I think the latest is just rebalancing back to the AA

Not change in AA due to ARI

They use the same term rebalancing for both which is confusing. Should use another term for change in AA due to ARI

 

[tutonic]

Syfe rep told me management know of the displeasure about the forced rebalancing. They're considering implementing an opt-out option.

 

[assiak71]

Syfe rep told me management know of the displeasure about the forced rebalancing. They're considering implementing an opt-out option.

Opt out means fixed AA options?

 

[assiak71]

will syfe inform us when they rebalance? just curious.

btw this german robo using same risk method as syfe. underperform benchmark. https://uk.scalable.capital/past-performance

Are you referring to the classical rebalancing? I think no system notification but the rep may manually notify you

 

[JetStorm]

Syfe rep told me management know of the displeasure about the forced rebalancing. They're considering implementing an opt-out option.

good to have if they are competing with stashaway which has that option. tho i personally feel that with such option, it defeats the main purpose of putting your money in a robo advisor.

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[assiak71]

good to have if they are competing with stashaway which has that option. tho i personally feel that with such option, it defeats the main purpose of putting your money in a robo advisor.

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Reit+ still has a purpose. Its fee of 0.4% is still good

Im more interested in what opting out means. Fixed AA?

 

[JetStorm]

best to check with syfe directly and update us in this thread?

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[lukefung85]

Who got syfe code?

 

[Time-to-retire]

Who got syfe code?

Dear Lukefung85
Sent you a PM, please.
Hope it helps.