Frequent followers of Mr and Mrs Budget will know that Mr Budget had started a regular savings plan with Syfe, a relatively new roboadvisor in Singapore.
The main reason why Mr Budget decided to go for Roboadvisor is because he is looking for a more affordable way to invest in multiple baskets of ETFs to get more diversification.
Another reason is that, Mr Budget views roboadvisors as the professionally managed portion of his portfolio since he does not have any financial advisor.
As Roboadvisor firms have professionals looking at the funds daily, I’d think the results won’t be that bad as compared to our own DIY portfolios.
Since February, both Mr and Mrs Budget has combined our Syfe accounts together so that our returns (or losses) will be compounded.
So here’s Mr and Mrs Budget’s monthly Syfe portfolio summary.
March 2020Global Equity Portfolio
Total invested: S$5532.12
Total Contribution
