Roboadvisor: Stashaway vs Syfe

[dappermen]

Who get the following from SA:

 

[Mr. Wood]

 

[dappermen]

No way for SA

 

[xsoldix]

My safest income SA (12% SA Risk index) is now at

-5.93% money weighted returns.​

Stay calm and continue pumping/DCA?

 

[dappermen]

The income pf of Sa sucks big time! When did u get this??
(Although 5-7% is really nothing)

My safest income SA (12% SA Risk index) is now at

-5.93% money weighted returns.​

it wasnt designed to b Safe!
it is More into income stks!!! eg Reits/ divs
just tt it appeared diversified this Income Portfolio has government bonds, corporate bonds, REITs, and equities so that you can earn both income and returns in SGD through various market and economic conditions - o Really best of both worlds? hw low risk Can equities be?

this SA Income is nt those Money-mkt Fixed-Income classificatn!!
I sold it @ beginning of yr!!!!!!! @ a minimal gain! it is such a dispptmt!!!!!! **** it!!! & i sh b4

 

[huiseh]

Lol, dappermen although I don't do SA I've never seen anyone more FOS than you.
I spent the last hour reading thru to learn more about robo advisors and all I see were your dumb childish posts bashing SA.

 

[dappermen]

Haters , say all u like to supp sa!!! I dont trust any random comments

At least i dont do namecalling! Focus on the topic!!! If u hve any thing ie persnal to specific person , pls take it offline and handle him separately
Pls learn to deal w person professnally


Is it illegal to air our views abt the topic in this thread? Is that out of topic??

We r the one got burnt and upset by our wrong moves/decision endedup we r being labelled as “bashing”
Do u knw what is the Meaning of bashing?!!for goodness sake, one who has no Sa investmt yet at an sa thread commennting here 说风凉话！

 

[heng_ah]

Lol, dappermen although I don't do SA I've never seen anyone more FOS than you.
I spent the last hour reading thru to learn more about robo advisors and all I see were your dumb childish posts bashing SA.

He is spamming posts crazily in reits and robo threads.
Luckily there is a function to ignore user, hence can shutdown his nuisances from my favorite threads.

 

[tesarise]

pls dont post ss of that person. ppl put him on ignore for a reason

 

[GolferZzAxis]

Lol, dappermen although I don't do SA I've never seen anyone more FOS than you.
I spent the last hour reading thru to learn more about robo advisors and all I see were your dumb childish posts bashing SA.

While dappermen is incredibly childish, i also would like to advise to people to stay away from StashAway. They are not passive investors. I cannot emphasize this point enough. They are a psuedo-active fund manager that tries to time the market and chase the trends (e.g. dumping away all of their well-diversifed, US large cap S&P500 in 2020 in favour of China-Tech KWEB, exposing the portfolio to ridiculous geographical and sector risk, and then behold, KWEB prices collapsed at the start of 2021). Giving them money is akin to allowing SA to gamble your money in whatever sectors they wish to bet in. In the other SA thread someone shared his performance from 2019 until now in a 36% risk portfolio - the returns were so bad that CPF SA actually yielded better. And that is capital guaranteed!

You are never going to earn any real and consistent returns in the long term at the rate SA is chopping and switching their ETFs year in year out. Do yourself a favour and just roll in an ETF or mutual fund that tracks the global market index instead..

Go read up on these opinions yourselves. While the first FB opinion is from an AIA agent and his low-key advertising of ILPs is absolutely garbage - his criticism of StashAway remains valid.

• https://sadcoffee.net/2020/12/14/stashaways-terrible-investment-strategy/

 

[GameTheory]

i also would like to advise to people to stay away from StashAway. They are not passive investors. I cannot emphasize this point enough. They are a psuedo-active fund manager that tries to time the market and chase the trends (e.g. dumping away all of their well-diversifed, US large cap S&P500 in 2020 in favour of China-Tech KWEB, exposing the portfolio to ridiculous geographical and sector risk, and then behold, KWEB prices collapsed at the start of 2021). Giving them money is akin to allowing SA to gamble your money in whatever sectors they wish to bet in. In the other SA thread someone shared his performance from 2019 until now in a 36% risk portfolio - the returns were so bad that CPF SA actually yielded better. And that is capital guaranteed!

You are never going to earn any real and consistent returns in the long term at the rate SA is chopping and switching their ETFs year in year out. Do yourself a favour and just roll in an ETF or mutual fund that tracks the global market index instead..

I agree, I completely lost faith in SA. Few months ago, I've pulled out all my funds from them.

Horrible choice to stick with them

 

[heng_ah]

I don't like Gold, yet StashAway put more exposure to it.
Then they anyhow decided to overweight on KWEB.
Lost trust with Freddy Lim...
Luckily I managed to stay away from StashAway without significant lost.

 

[Mr. Wood]

yup, dats right. if not confident, juz pull money away. evyone is entitled to their own investment strategy, trust, time horizon, sector allocation etc. its yr money after all. same with any bank deposits, insurance, traditional brokers. not happy can exercise yr right to invest with another robo/consultant.

no nid to be childish, spew half truths, personal attacks, call names.
so obvious his personal agenda.

 

[chompsnoms]

I've been reading up on robos. Am really new to this. Other than stashaway, syfe, endowus, actually the other robos not many ppl mention? any info about them? i trade with POEMS and saw they have this smart portfolio. any idea?

 

[twosix]

There are many robos out there, even the 3 sg banks also have robos. But these 3 are the more prominent ones.

 

[Mr. Wood]

I've been reading up on robos. Am really new to this. Other than stashaway, syfe, endowus, actually the other robos not many ppl mention? any info about them? i trade with POEMS and saw they have this smart portfolio. any idea?

coz marketing and social media brainwashing influencers.

but when it comes to robos like them, size matters. these 3 seems to be able to raise funds frm big boys, thus enjoying economics of scale. the others like auotwealth, kristal, not so sure. seems to be too small.
the others tied to banks and traditional brokers are not too bad as well. juz be aware of their fees and their customer service.

 

[edmwing]

My stashaway portfolio isn't doing well either. I starting to think their "data driven approach" is causing them to catch quite a lot of falling knives and somehow also inhibited them to drop these knives e.g. when KWEB sheds 5% 10% 20%.. the "algorithm" didn't make any mitigative moves because the team feels (I thought it's based on data and algorithm?) KWEB has long term potential.. then repeatably mentioning to "focus on long term" and ignore the signs of failure. Sometimes feel like I am putting money into a blackbox that spin stories for me to keep putting more money in. Hahaha

 

[sansanjikikut]

I can’t deny the branding name sticks though. Think of those when ppl say robo

 

[GodofNFTs]

I've been reading up on robos. Am really new to this. Other than stashaway, syfe, endowus, actually the other robos not many ppl mention? any info about them? i trade with POEMS and saw they have this smart portfolio. any idea?

coz marketing and social media brainwashing influencers.

but when it comes to robos like them, size matters. these 3 seems to be able to raise funds frm big boys, thus enjoying economics of scale. the others like auotwealth, kristal, not so sure. seems to be too small.
the others tied to banks and traditional brokers are not too bad as well. juz be aware of their fees and their customer service.

I have an robo advisory account with them since 2019 deposit 5k as that was the initial sum. But currently is only at 300 dollars per portfolio right now ah got promotion last min vested into it for another 5k to get the grab voucher. I guess not that bad? the return wise as mine was not in the higher risk its averaging about 5%?

 

[Mr. Wood]

I have an robo advisory account with them since 2019 deposit 5k as that was the initial sum. But currently is only at 300 dollars per portfolio right now ah got promotion last min vested into it for another 5k to get the grab voucher. I guess not that bad? the return wise as mine was not in the higher risk its averaging about 5%?

depends yr risk level. if 5% acceptable to u, is not bad alrdy.