Financial Horse himself would not use a robo-adviser in its current form. But Financial Horse is an investing enthusiast who spends every waking hour reading up on investment strategies and annual reports. I recognise that not everyone is this obsessive.
In this article, I will propose a simple DIY alternative that doesn’t require too extensive financial knowledge, or effort from the part of the investor.
Let’s imagine a hypothetical investor John. John is 25 years old. He has just graduated from NUS (with an engineering degree!), and earns a nice S$4,000 a month that he is very proud of. He wants to start investing, but he doesn’t really know much about financial markets or how to read a financial statement. He wants to park his money somewhere, make regular investments, and collect it in 30 years when he wants to retire. In fact, he is unconcerned with