Syfe Robo advisor thread

[Okenba]

Anyone want to share their referral code and advise which product if I want to invest regularly now and withdraw in 2 years time.

You need to ask yourself how important that 2 year timeline is.

Dec 2018, market drop 20%
Mar 2020, market drop 30%
Who is to say market won't drop in 2 years time just when you need to withdraw it?

 

[revhappy]

Anyone want to share their referral code and advise which product if I want to invest regularly now and withdraw in 2 years time.

I just sent you referral. For 2 year choose a low risk score in the global ARI portfolio. Since you have 2 years and you are investing regularly you can take advantage of any falls. If market falls a lot, you can increase your risk score to buy the market dip.

 

[KayElf]

I just sent you referral. For 2 year choose a low risk score in the global ARI portfolio. Since you have 2 years and you are investing regularly you can take advantage of any falls. If market falls a lot, you can increase your risk score to buy the market dip.

The risk score can change any time? What about REIT+? I aim 2 years because I need to preserve this for property down payment.

 

[tutonic]

The risk score can change any time? What about REIT+? I aim 2 years because I need to preserve this for property down payment.

Yes, you can adjust the risk level of your portfolio any time you like. Once you adjust, they'll take the next 1-2 business days to buy/sell to meet the new allocation % of your new portfolio. For example, if you're increasing the risk profile, they'll sell the bonds to meet the lower %, and then buy more equity to meet the new higher % in your new portfolio.

For REITs, you can also switch from 100% REITs to Managed REITs whenever you like. But based on my experience tracking the portfolio performance over the last 3 months or so, no point go with Managed REITs. You can see here in my thread for the returns so far since October.

 

[revhappy]

The risk score can change any time? What about REIT+? I aim 2 years because I need to preserve this for property down payment.

Yes can keep changing any number of times and they will rebalance accordingly the next day.

REIT+ has only 2 choices. 100% REITs or they will manage the risk themselves. Right now the managed risk REIT aka REIT+ with ARI, has 50% bonds, so it should also be safe for 2 year horizon.

 

[dappermen]

i get okenba 's point, no matter how protected your principal amt is to be no1 is able to predict the mkt movement at all
Yes Syfe w bonds option allows rebalancing 1 trillion times also cannont guarantee that too

You need to ask yourself how important that 2 year timeline is.
Dec 2018, market drop 20%
Mar 2020, market drop 30%
Who is to say market won't drop in 2 years time just when you need to withdraw it?

if worried too much about heart-attack dont ever attempt, i believe when we buy certain stocks/ investmt we have strong faith, it is something good (not good cos it allows rebalancing or it allows u to keep adjusting)

I would see a much better strategy: get the 100% Reits or Eqty100 (purely no bonds) some already tested and seen that the returns are much better (indeed!), let it grow so Much more (than the safer option) , wdraw and keep some (since so worried about your property downpaymt) amt first...continue to let 100% Reits or Eqty100 to grow the remainder.....as tutonic clearly (generously shared &) highlighted tht : "But based on my experience tracking the portfolio performance over the last 3 months or so, no point go with Managed REITs. ."

The risk score can change any time? What about REIT+? I aim 2 years because I need to preserve this for property down payment.

Yes can keep changing any number of times and they will rebalance accordingly the next day.
REIT+ has only 2 choices. 100% REITs or they will manage the risk themselves. Right now the managed risk REIT aka REIT+ with ARI, has 50% bonds, so it should also be safe for 2 year horizon.

plenty to consider : https://forums.hardwarezone.com.sg/131838147-post778.html

 

[dappermen]

i put in 10k in Oct 20. Currently standing at 10,618. Quite good i think. Newbie here

So how is your Eqty100 by now? pls quote in time-wt return instead (easier to read)


Kojo,
care to share your returns for the 50-50 strategy? or didnt purchase at all

Personally I would do 50% SyfeEquity and 50% SyfeREITs.

At least there is some diversification over the long term..

 

[rottingapple]

i put 4k over the period from late dec to early jan.. now receive $70 gains.

2k in equity 100, 2k in reits+

 

[dappermen]

i put 4k over the period from late dec to early jan.. now receive $70 gains.

2k in equity 100, 2k in reits+

Still early! Not too bad....taking action is the first step!!!
1.75% returns in a few weeks time!! U easily beat the cash+ of syfe (1.75per annum) alrdy
U r doing this for mid-term to long term right??

 

[rottingapple]

Still early! Not too bad....taking action is the first step!!!
1.75% returns in a few weeks time!! U easily beat the cash+ of syfe (1.75per annum) alrdy
U r doing this for mid-term to long term right??

thank you, ya i aiming to put this for mid term like 3-5 yrs at least.

 

[Kojo0403]

So how is your Eqty100 by now? pls quote in time-wt return instead (easier to read)


Kojo,
care to share your returns for the 50-50 strategy? or didnt purchase at all

never.. so far i have been doing some sum testing with the robos..
I have set up 2 portfolio this year to invest the excess monthly allowance that my parents do not need.

i. 50% StashAway Risk Index 36 & 50% SGD income portfolio
ii. 50% Syfe 100% Equity & 50% Reits+

Will update along the away

 

[Okenba]

The risk score can change any time? What about REIT+? I aim 2 years because I need to preserve this for property down payment.

2 yrs is quite short a time frame. If I recall, the robos usually talk about at least a five year timeframe to manage risks.

You should ask yourself how much of this you can afford to lose, and how long you can afford to wait if it is below your required amount.

https://fourpillarfreedom.com/heres-how-long-the-stock-market-has-historically-taken-to-recover-from-drops/

You can do your own study if you don't feel this is relevant. It is about the s&p and not sreits, so you may feel your situation is different.

The upshot is that most bear markets take about a year to recover, and some take 6-8 years.

Just to be clear. I have a small amount in 100% reits, so I'm not saying that we should avoid it. But on the other hand, I don't need the money for at least the next 10 years so I'm not worried if I have to wait out a downturn.

 

[Okenba]

The other thing isn't even about bear markets but the simple idea of annualised returns. When it says that a portfolio returns are 6%pa (random number. I don't know what the predicted returns are), that doesn't mean that it goes up by 6% every year like clockwork.

It's more like saying a coin returns heads 50% of the time. The first 5 times might be tails, but the more you flip, the closer you get to 50%.

That's why they recommend at least 5 years. The longer you stay, the more likely the 6% will be accurate.

 

[Kojo0403]

2 yrs is quite short a time frame. If I recall, the robos usually talk about at least a five year timeframe to manage risks.

You should ask yourself how much of this you can afford to lose, and how long you can afford to wait if it is below your required amount.

https://fourpillarfreedom.com/heres-how-long-the-stock-market-has-historically-taken-to-recover-from-drops/

You can do your own study if you don't feel this is relevant. It is about the s&p and not sreits, so you may feel your situation is different.

The upshot is that most bear markets take about a year to recover, and some take 6-8 years.

Just to be clear. I have a small amount in 100% reits, so I'm not saying that we should avoid it. But on the other hand, I don't need the money for at least the next 10 years so I'm not worried if I have to wait out a downturn.

Indeed.. a severe recession may take a decade to recover. If you have specific need for the fund in 3-5 yrs time.. u should allocate most of it to lower risk asset.

 

[Okenba]

I have set up 2 portfolio this year to invest the excess monthly allowance that my parents do not need.

i. 50% StashAway Risk Index 36 & 50% SGD income portfolio
ii. 50% Syfe 100% Equity & 50% Reits+

Will update along the away

If investing for parents, worth noting the estate tax, particularly for the StashAway portfolio? Depends on how much is in the portfolio and whose name it is in.

 

[Kojo0403]

If investing for parents, worth noting the estate tax, particularly for the StashAway portfolio? Depends on how much is in the portfolio and whose name it is in.

oh.. i din know about the estate tax.. can u share more?

 

[Okenba]

oh.. i din know about the estate tax.. can u share more?

https://blog.seedly.sg/us-stock-investing-taxes-and-fees/?amp=1

StashAway invests in US domiciled ETFs which are subject to Dividend Withholding Tax of 30% and Estate Taxes if more than usd60k.

I have no idea how they collect on it however, but that's the official rules.

Sreits are SG domiciled and not subject to estate tax.
Some Equity100 ETFs are ucits compliant and also not subject. But some are US domiciled and will be subject. I expect that calculation is more complicated.

 

[Kojo0403]

https://blog.seedly.sg/us-stock-investing-taxes-and-fees/?amp=1

StashAway invests in US domiciled ETFs which are subject to Dividend Withholding Tax of 30% and Estate Taxes if more than usd60k.

I have no idea how they collect on it however, but that's the official rules.

Sreits are SG domiciled and not subject to estate tax.
Some Equity100 ETFs are ucits compliant and also not subject. But some are US domiciled and will be subject. I expect that calculation is more complicated.

Thanks! Will try and ask their customer service for more info!

 

[Kojo0403]

For those who are keen to have a better understanding of the REITs under Syfe REITs+, fyi SGX do publish monthly REIT chart book.: https://api2.sgx.com/sites/default/... Property Trusts Chartbook - January 2021.pdf

Also contains some information on the REITs ETF

 

[dappermen]

thank you, ya i aiming to put this for mid term like 3-5 yrs at least.

glad that u see it for at least 3yr byond!!!! i hope u didnt sign up a Robo just cos many been proclaiming its high returns as though a Robo is a magician....