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beaverjuice

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"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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jessuptime

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beaverjuice

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Re: Robo imvesting with ETFs
« Reply #2 on: July 21, 2017, 07:51:03 am »
so cheem what is this exactly?

it is a platform using algorithms or pre-defined rules to invest in ETFs.  it is suppose to take away the emotions and decisions involved and invests in "low-cost" ETFs (lower TERs - Total Expense Ratios compared with mutual funds/unit trusts).

only downside is the extra layer of costs charged by the platform for doing the investing in ETFs on your behalf.

if you have the discipline, time and wherewithal to do your own investments then it is unlikely that this investment is for you.

or you could stick your money in POSB Invest Saver Steady Pom Pi Pi by buying G3b.SGX : A35.SGX in an age/retirement-target appropriate ratio as recommended by Shiny Things in his book (if you're regularly investing < $1000 / month)

lastly,  it is difficult to advise unless I know your investment philosophy and please DDYOD since this is your own money ... not unker BJ's money
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."