My Robo Investing portfolio consists of Syfe and StashAway.
Syfe’s Allocation: 98.8% REIT, 1.2% Cash
StashAway’s Allocation: 72% Stock, 7% REIT, 20% Commodity, 1% Cash
Combining these two robo advisors resulted in a portfolio of Stock, REIT, Bond, Commodity and Cash. There has been changes in allocation from the previous quarter.
I started 2 separate sub-portfolios during March 2020. Interesting, there was the period when there was a huge sell-off. We can have a look at how both the Robos performed.
This post is meant to inspire people to start investing, even with very little money. Students and young working adults can start investing easily using this method.
STRATEGY
- $12.50 is automatically giro-ed into Syfe sub-portfolio every week.
- $12.50 is automatically giro-ed into StashAway sub-portfolio every week.
I made changes to the strategy as well, to keep things simple and automated. Annually, $1300 ($25 per week x 52) will be giro-ed into the sub-portfolios.
STASHAWAY (SINCE MARCH 2020)
SYFE (SINCE MARCH 2020)
FINAL THOUGHTS
The opportunity to accumulate assets at lower price came in March. There has been a significant rally since then. Both robos generated positive return, but Stashaway is doing slightly better.
No one should expect to become rich overnight investing via robo-advisors. Beginners can use such methods to get started on investing. But do bear in mind to invest for the long term, like 20, 30 or even 50 years. Personally, I do intend to continue using this (if they continue to exist).
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.