It’s been a few days since my wife set up her StashAway Singapore robo-advisor account. As I have mentioned previously, we went with a very aggressive General Investing portfolio. It has a 69% growth ETFs vs 31% protective ETFs split. These ETFs are listed on the New York Stock Exchange (NYSE), which is why any SGD funds that we transfer into the account has to be converted to USD before being used to purchase the ETFs.

I like the USD currency diversification since I don’t like the fact that most of our investment holdings continue to be in SGD. Anyway, it takes about 3 days for the SGD funds to be converted to USD and used to buy the ETFs according to the portfolio allocation percentages. It has a good mix of ETFs to the point where we consider the account to be a standalone portfolio on it’s own. Meaning …