Endowus Review: 1 year on

Lately, you would have noticed that I am writing more posts on crypto currency. But that doesn’t mean that I am no long investing the traditional financial markets. It just meant that most of these TradFi investment are on auto pilot now. I don’t monitor much.

Having recently crossed the 1 year mark of investing with Endowus, I thought it might be good to do a quick review of how my portfolio has performed.

I have written about why I chose Endowus to invest my CPF money. You can read more about it here.

What has changed?

I started out investing $10,000 of my CPF in OA. I’ve since done additional lump sum contributions throughout the past year. If you DCA (dollar cost averaging) monthly via CPF, there is I think a $2 cost per transaction. So if you are looking to DCA your investment, this is something to note.

I started my Endowus investment in S&P500 ETF in Oct 2020, when S&P500 is sort of at all time high. I also did additional lump sum investment in Jan, Mar and Jul of 2021. As you can see from the chart below, I didn’t try to time the market with these additional investments. I just invested whenever I have additional money in my OA to be invested.

How has my portfolio performed?

My portfolio is up by 21.70% at time of writing.

If I have invested $10,000, I would be in profit of ~$2,000. If I had left this $10,000 in your OA to earn the 2.5%, I would have only earned $250 worth of interest. $2000 vs $250, that is a significant difference!

Always remember, time in market is greater than timing the market. And, best of all, investing in indexed ETF via Endowus takes minimal effort. Sure, I need to pay fees to Endowus, but this frees up time for me to look into other investment opportunities.

Don’t be penny wise but pound foolish. Sometimes, you just got to let the Robo advisor do all the work. 🙂

If you are interest in opening an account with Endowus, you can do it via this referral link. Both of us will each get $20 in Access Fee credit (equivalent to $10,000 advised free, assuming Access Fee of 0.40%).

As always, you should always do your own research before jumping into any investments. None of the content that I write on this site should be taken as financial advice.