Robo War Experiment (RWE) Update – October 2023

This is a performance update to my Robo War Experiment (RWE) posted here:
https://pwlcm.wordpress.com/2023/10/04/robo-war-experiment-rwe-update-september-2023/

Disclaimer: This post is just for educational sharing purposes. Please do your own due diligence on any products mentioned in this post.

Performance Update

Here is the October 2023 Performance Update:


All 5 robo advisors and 3 benchmark indices continued to drop in October 2023.

Key Observations

  1. All 5 robo advisors and 3 benchmark indices remained in negative territory.
  2. SqurrelSave suffered the largest loss among the robo advisors, and StashAway the smallest loss.
  3. Endowus portfolio remained the only robo advisor with XIRR since inception in the positive territory, albeit pretty close to turning red.

Referral Links

Endowus: https://endowus.com/invite?code=J6YV3
Syfe: https://www.syfe.com/invite/wealth/SRPTRJTFQ
StashAway: https://www.stashaway.sg/referrals/choonght43
MoneyOwl: https://moneyowl.com.sg/app/accounts/sign-up?referral_code=5FZY-58AG
SquirrelSave: https://app.squirrelsave.com.sg/Start/Referralcode?referralid=2996

Author: Tan Choong Hwee

My name is Tan Choong Hwee, a Singapore Citizen with education and career background in engineering. Over the years I have developed strong interests in personal wealth management and now working in Providend, a Wealth Advisory firm.

2 thoughts on “Robo War Experiment (RWE) Update – October 2023”

  1. Pingback: My Series of Blog Posts on Robo War Experiment – Personal Wealth Life Cycle Management (PWLCM)
  2. Pingback: Robo War Experiment (RWE) Update – November 2023 – Personal Wealth Life Cycle Management (PWLCM)

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