I have yet to look into it but with an increase in salary which I blogged about here – Portfolio – April 2020, I will probably need to increase my SRS contribution for tax optimization.
Goal type: General wealth accumulation
Risk tolerance: Maximise returns (loss tolerance -60%)
Monthly investment using SRS: $250
There are quite a few differences as compared to StashAway. Firstly, all the cash has been invested while StashAway keeps 1% of the portfolio in cash. Secondly, the fees are not deducted on a monthly basis. The Access Fee charged by Endowus will be deducted at the end of each quarter as stated in their FAQ.
That’s all! Overall, I think the statement