Syfe Select / Custom (new)

[s0crates]

so if i will let robo handle ETFs, which platform is recommended?
or, all will return the same, assuming i instruct them to buy the same ETFs

then next qn is, does all platform have access to the same ETFs, or some platform will have wider portfolio access?

Brokerages or even robos using brokerages for trade execution can totally screw you up with poor trade prices.

I m not sure if anyone or any of those bloggers that earn syfe's/stashaway referral before did this study, but we need more transparency on robos/new brokers trade execution. You can get low fees, however if the platform is "earning" from you through selling your trade flow (hi robinhood) or have a bad platform behind, you are screwed.

 

[dappermen]

Erm
U have alot to catchup based on your qns….


The robos r not all the same and not allowed u to select your own etfs or funds
Endowus is more of uT/funds
Syfe -more of etfs , while it has a plethora of etf, it doesn't have All in the stock mkt but it has some of the popular ones….
& u r at the thread of syfe

u may have some homework to readup 1st - https://forums.hardwarezone.com.sg/...shaway-vs-syfe.6092311/page-45#post-136328666
seedly give many reviews on robos too
https://blog.seedly.sg/robo-advisors-singapore-reviewhttps://forums.hardwarezone.com.sg/threads/robos-a-boon-or-a-bane.6444682/https://seedly.sg/posts/what-should-i-do-with-my-10k-saving?aid=88149https://seedly.sg/posts/why-should-...stock-is-in-that-etf-basket-already?aid=90424https://seedly.sg/search?s=robohttps://www.syfe.com/pricing

 

[dappermen]

syfe Custom - gd cos US stks rallied....so dont blindly Assume...

Pick ur own...my Custom has cspx like his too
its adv for Small investors & Dca w small amts

but if ur Pf gets larger eg More than 10K, wat ???!! some of u , i thk NeARLY All of u r large PF ones

 

[JetStorm]

syfe Custom - gd cos US stks rallied....so dont blindly Assume...

Pick ur own...my Custom has cspx like his too
its adv for Small investors & Dca w small amts

but if ur Pf gets larger eg More than 10K, wat ???!! some of u , i thk NeARLY All of u r large PF ones

Sure you can own 50+ stocks, amass a huge portfolio under the cheapest brokerage. Imagine the time needed during rebalancing... or when got rights issue etc

Something which those youtubers nv say, and I understand why since their content is marketed at the masses. Other than occupational restrictions, I value my time over fees. For others whose portfolio consist of less than 5 stocks, or can only afford to dca abit every month, robos is the way to go, even if your portfolio reaches a substantial amount.

 

[dappermen]

I value my time over fees

yes!!! qlty time is So impt!!!!!!!!!!!
i fainted everytime when i need to purch just 1 item using tht iKBR~ very scary experience > very scary!!!!!!!

subtantial shd be more than 20K sgd!! or SGD 100k ?
https://www.syfe.com/pricing

 

[JetStorm]

yes!!! qlty time is So impt!!!!!!!!!!!
i fainted everytime when i need to purch just 1 item using tht iKBR~ very scary experience > very scary!!!!!!!

subtantial shd be more than 20K sgd!! or SGD 100k ?
https://www.syfe.com/pricing

Heres a food for thought. Assuming your Robo portfolio hit 100k, but you are still only able to DCA a small amount.

Will you switch to a low fees brokerage?

 

[dappermen]

Of cos not! Cos dca is mthly….
Though i dont knw how low is low-fee …


Glad that i never dca at all in my whole life…. Still i m scared of ikbr…those w 100k…. They usually wont dca too small an amt, i felt

 

[JetStorm]

Of cos not! Cos dca is mthly….
Though i dont knw how low is low-fee …


Glad that i never dca at all in my whole life…. Still i m scared of ikbr…those w 100k…. They usually wont dca too small an amt, i felt

Majority of us are salaried workers and do not always have a huge inheritance coming from other parents. If so, good for you. Can just do a lump sum.

If not DCA monthly from your salary is the way to go... helps to eliminate emotions resulting from market fluctuations also.

 

[dappermen]

lump sum doesnt mean big sum , it means 1 off

 

[dappermen]

just a quick update, My syfe custom recently purchd only
using CSPX , Global lithium batt is 0.89%
the other customed w CSPX, Blok also drop to 3.7% (it can go as high as 13%)
needless to say due to recent situtan (if u been Followg)in US Stks hence Syfe eqty also dropped from 31% to 28% too

Not waivering or trembling , just sharing as a quick update only

Hope @JetStorm 's doin fine too.... No1 else using Syfe custom liao

Dont chg easily -

 

[CaptainWu]

Just checking all ETFs selected by Syfe are US base hence subjected to higher dividends tax (not so important for growth ETFs) and Estate Tax? This may not be important to everyone for now until this grows to a taxable size?

 

[dappermen]

U r not wrong to say that….if we r to alwys avoid us stocks just cos of div tax, oh dear… there are just too many considerations…

I dont also purposely pick etfs w lower exp ratio

I specifically pick those who r well-peforming instead


Cspx avail at syfe cust is not usa, but london domiciled btw, not all are

 

[direbmem]

There are 4 UCITS Etf in Syfe Custom, Cspx, Eimi, Vwra and Cnya. Does China also impose higher taxes in foreigner that's why Cnya is needed?

 

[JetStorm]

Here I am! Just started. Transferring all my funds from Equity 100.

My portfolio: QQQ, LIT, XT, BLOK & XLV

20% each. Will share its performance here on end of Nov 2021.

just a quick update, My syfe custom recently purchd only
using CSPX , Global lithium batt is 0.89%
the other customed w CSPX, Blok also drop to 3.7% (it can go as high as 13%)
needless to say due to recent situtan (if u been Followg)in US Stks hence Syfe eqty also dropped from 31% to 28% too

Not waivering or trembling , just sharing as a quick update only

Hope @JetStorm 's doin fine too.... No1 else using Syfe custom liao

Dont chg easily -

Returns could have been better if not for the recent market selloff.

Date	Syfe Custom	Syfe Custom (All Time)
1-Nov-21​	0.00%	0.00%
30-Nov-21​	2.90%	2.90%

 

[JetStorm]

Just checking all ETFs selected by Syfe are US base hence subjected to higher dividends tax (not so important for growth ETFs) and Estate Tax? This may not be important to everyone for now until this grows to a taxable size?

If you concern about US estate tax, cap your portfolio of US stocks to a max of USD $60K or about approx SGD $82K based on today's exchange rate. Invest the excess on Singapore or Irish domiciled securities. Gamble it on bitcoin also can.

 

[dappermen]

Wow “gamble”

 

[greythorne]

If you concern about US estate tax, cap your portfolio of US stocks to a max of USD $60K or about approx SGD $82K based on today's exchange rate. Invest the excess on Singapore or Irish domiciled securities. Gamble it on bitcoin also can.

The estate tax is applicable upon death right? Not when you are still alive?

 

[silverbomb]

The estate tax is applicable upon death right? Not when you are still alive?

estate: the assets and liabilities left by a person at death

 

[endlssorrow]

Bo Lang?

many one selected his her 8 ETFs liao mah?

 

[dappermen]

Syfe custom theme once you created and put into play you are not able to remove and add new ETF into that portfolio in future is it true? If true means need to create a new custom theme portfolio?

Yes! i mentioned it too
but the cust svc replied they will improve on it

So now i do many customs
Eg 1 is called Child 1
another is called Baby 2
next is called Myself 3
Usu i wont make changes in the short run once i customised what i loved

feel free to PM me if u hve Further qns