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Endowus – May 2021
By KPO and CZM  •  June 12, 2021
I blogged about Investing CPF OA Through Endowus at the start of the month and you will be able to see it reflected in some of the screenshot below. Risk Profile Goal type: General wealth accumulation Risk tolerance: Maximise returns (loss tolerance -60%) Monthly investment using SRS: $638 I have modified my monthly investment in order to max out my SRS contribution for the year. Account Summary Capital: $14,340.00 Current: $17,325.44 (20.89%) 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. As of 12 June 2021, the portfolio value is $27,663.79. The return shown in percentage is just a simple return (P&L divided by capital) and with the $10k investment from CPF OA, it dropped significantly compared to the previous month....
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By KPO and CZM
I am Ong and my fiancee (Chan Zui Mao a.k.a CMZ) calls me a Kiam Pok (i.e. stingy/thrifty depending on how you look at it). Hence, the nickname KPO (Kiam Pok Ong). We have decided to name the blog KPO because I have proposed to CMZ successfully and she is officially a KPO too. The purpose of the blog is to list down all the money-saving tips, our investment/journey to financial freedom and to document my life with CZM.
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