When I first started this blog, one of my most common questions I got from readers was “How do I get started in investing?“
Choices were limited back then. I would painstakingly explain the process of 1) Why passive investing is the best strategy for most people, 2) How to set up your own portfolio using ETFs, 3) How to dollar-cost average into them, etc. It got so complex that I created and sold an entire online course about it.
And then robo-advisors arrived in Singapore. While I was initially critical of them, they’ve improved tremendously over the years. Now, companies like Endowus, StashAway and Syfe can help anyone set up a portfolio, automate a monthly investment, and move on with their life within an evening. I no longer need to write about passive investing because robo-advisors have made it so easy to do. I love them so much that I invest the majority of my portfolio in them....