Any thoughts on StashAway’s recent re-optimisation?

[LAMtopia]

Stashaway recently re-optimised their portfolio. Although they announced they were exiting Kraneshares, when you check the log, it’s as good as selling KWEB at the bottom. The 2 days after that were record increases for Chinese shares. Feels like a mistiming to me. Did anyone attend their talk yesterday evening? Any insights to share?

 

[anthonygreenisreal]

That’s why timing the market doesn’t work in the long term even if its roboadvisors.

It’s far better to just buy SPY or VOO or even QQQ and hold for long term.

 

[EdenHazard]

You will always regret if you paper hands. Thats why i am holding baba until i die

 

[CCPie]

Whoever still using stashaway deserves it.

 

[fearhimwhofearsnothing]

Whoever still using stashaway deserves it.

Agreed. And endowus, syfe, all these meme ****.

 

[buttbERry]

re-opt liao like become more cui

 

[zuppeur]

kewb few day ago already drop almost 80%. somehow seem not rational to reallocate and cut loss at such low price

 

[bombshell]

Stashaway strategy is almost like active trading, during bull market they may outperform other passive robos, but during bear they also bleed more.

 

[kokjj87]

They buy high and sell Low lor. Muahahaha

 

[fake_oranges]

its rubbish. i close one eye also better returns

 

[anthonygreenisreal]

yeah don't forget the annual management fees for your holdings with them. It's quite a lot more compared just buying a low cost index fund. over long term will greatly affect your returns.

VOO expense ratio only 0.03%

 

[soichiro]

So did StashAway lose money for their users or no? If yes how much % this month?

Anybody can share the full article below?

https://www.businesstimes.com.sg/ga...na-allocation-on-fears-of-secondary-sanctions

 

[wwenze]

Can Stashaway release their records to show they really got buy and sell?

 

[zuppeur]

CIO organise zoom session to explain the rational. people sign up and no link was given

Wtf, SA fail to show up in zoom session they organise. i think CIO too malu to face the participants

 

[coldwinter00]

That's why I never proceed with syfe etc. I saw the hidden cost on fees. Must as well ownself invest

 

[razorlala]

Agreed. And endowus, syfe, all these meme ****.

what would you recommend using?

 

[anthonygreenisreal]

what would you recommend using?

Just use moo moo or tiger to ownself buy/DCA into S&P500 or world ETF or a mixed.

 

[razorlala]

Just use moo moo or tiger to ownself buy/DCA into S&P500 or world ETF or a mixed.

sry i noob.. whats the difference between moomoo/tiger against endowus/syfe?

i only know ke trade lol

 

[Perisher]

Robo suppose to be passive... too much tinkering not good.

 

[fearhimwhofearsnothing]

what would you recommend using?

Do it yourself? Read up and learn on portfolio management or buy property for investment etc.

End of the day, you get what you voted for, don't complain when markets are down and these investment platforms just shrug their shoulders and tell you "its market risk".

They happily running to the bank because they take a fee either from you, or the funds they use or introduce. Basically, their kpi is not your long term profit, but you staying in there as long as possible.