Let’s take a look at how our Robos performed in this bear market.
Strategy: DCA $50 each every two weeks (Syfe)
I have stopped DCA for Stashaway as I am looking to close it down soon.
Market situation: Bearish
You may refer to my previous updates
for a performance comparison that includes DBS Digiportfolio.
For an in depth reviews on Robo-advisors, please click here
Syfe Equity 100
Highest ATH return: 10%
Current returns: -5.3%%
Highest Returns: 2%
Current Returns: -19%
Should you sell?
The answer is probably NO…unless you hit one of these few reasons:
- You no longer believe in Robo’s investing strategy.
- You found a better pick for your funds, maybe you think Tesla is a better bet or VWRA is much more cost-effective.
- You need money urgently (this shouldn’t be the case if you have to keep emergency savings and only invest what you can lose)