Syfe is added into my Robo Investing portfolio – currently using Syfe and StashAway. I have chosen Syfe’s REIT portfolio instead of the usual Stock portfolio.
Syfe’s Allocation: 73.3% REIT, 23.4% Bond, 3.3% Cash
StashAway’s Allocation: 99% Stock, 1% Cash
Combining these two robo advisors resulted in a portfolio of Stock, REIT, Bond and Cash.
This post is meant to inspire people to start investing, even with $10.
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
There has been a market correction in recent weeks and it is a good time to do dollar cost averaging. These two portfolio should be generating decent returns over the long run.
Investing $10 per month will not make anyone rich. For anyone interested, you can think in terms of multiples eg $10, $100, $1000 etc. It is totally up to the individual how much he/she wants to invest every month.
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.