My Robo Investing portfolio consists of Syfe and StashAway.
Syfe’s Allocation: 47.6% REIT, 48.5% Bond, 3.9% Cash
StashAway’s Allocation: 99% Stock, 1% Cash
Combining these two robo advisors resulted in a portfolio of Stock, REIT, Bond and Cash. Syfe has readjusted its allocation during this period – it has 70+% in REIT previously.
This post is meant to inspire people to start investing, even with $10. Students and young working adults can start investing easily using this method.
STRATEGY
- $10 is automatically giro-ed into Syfe portfolio on the 20th every month.
- $10 is automatically giro-ed into StashAway portfolio on the 20th every month.
- Another $10 is added every time there is a significant drop in the market.
STASHAWAY (SINCE NOVEMBER 2019)
SYFE (SINCE FEBRUARY 2020)
FINAL THOUGHTS
The global stock market has been dropping due to the uncertainty caused by Covid-19. To me, it seems like a good chance to start accumulating these assets at a lower price.
The stock market is unlikely to recover very quickly and the minimum timeline for investing should at least be 5 years. No one should expect to become rich overnight investing via robo-advisors. It is ideal to keep the objective clear.
Disclaimer: www.engboonhow.com is an opinion based website. I am not a financial advisor, and the opinions on this site should not be considered as financial advice. This is not a sponsored post. You can contact me for a referral code to invest via Syfe or StashAway if you like to.