Endowus Portfolio Review After 3.5 Years
Disclaimer
This post is not a sponsored review.
I am not a financial advisor, and the information in this post does not constitute financial advice.
You should read up on investments and the platform before you start investing. Please do not make any decisions solely based on this blog post. Getting a second opinion and seeking professional advice is always better.
What is Endowus?
Endowus is a Robo-advisor available in Singapore. You can invest your money with it, and the robo-advisor will “decide” on the fund you should invest in.
Cash Smart Review
Per my previous update about the Cash Smart portfolio, I no longer own any. I have shifted these pockets to my Investment (General Wealth) portfolio. I am investing in the long term at this stage of my life. In other words, I intend to hold the funds for more than five years.
General Wealth Accumulation Review
The majority of my funds are in their flagship product. The robo-advisor decides the pool of funds based on your risk appetite. I am grateful that I am earning from my investment.
I am a late bloomer in the investment game. I only started investing with Endowus when the pandemic was ongoing. I believe in dollar-cost averaging (DCA). I also treat investing as if I am buying bags or shoes. I used my spare cash to invest.
There was a bear market from mid-2022 to late-2023, and my investments were less regular. I tried to time the market, but it was impossible for me. I do not study the market much, but I continue to buy when there is a dip.
The sudden dip and increment of funds in late 2023/early 2024 were because I was switching my portfolio as recommended by Endowus. I stopped investing from that period until now because I am currently unemployed. As mentioned earlier, my main principle is to refrain from investing when my cash flow is tight.
There will be times when the marketing is good or bad. It is not going to be a straight line. Think of it as if you are hiking; there are times when the terrain is rough and flat, and there are times when you must go downslope before going up again. Most of the time, the overall cost of the stocks will always go uphill.
Of course, there are cases where some stocks crashed! So, don't follow mindlessly.
Fund Smart Review
I did invest in their Fund Smart Portfolio, which involves investing in a fund that mimics the S&P 500 and Global Stocks. This portfolio consists of 100% equalities. In other words, the risk is higher than my General Wealth Investment.
I didn't pump a lot of funds into this portfolio; I am using it as a form of diversification.
I started to fund this portfolio slightly later than the General Wealth Portfolio as I read up on the various funds that Endowus offers.
This graph looked similar to my General Wealth Portfolio. I didn't invest in it regularly during the bear market because it's 100% equities; the risk is too high for me.
Thankfully, my Fund Smart portfolio is also growing.
Comparison of General Wealth and Fund Smart
As of August 2024, I am earning a good percentage from both portfolios. Although my fund smart account is earning at a higher percentage, there are times when my General Wealth Accumulation is performing better.
In other words, high risk ≠ high return, at least for my case.
Overview
Overall, my Endowus portfolio, which consists of general wealth and fund smart, is growing steadily. It has gained 15%.
I hope this post gives you a better idea of Endowus’ investment portfolios. I hope it gives you the confidence to start investing, too, if you have not. Before you begin investing, do your research. Yo
My take remains the same. I will continue to make my money work harder by investing in portfolios that may bring higher returns. At my current life stage, I can bear the risk.
I wish you well. Huat ah!
x, Esther
