How much $ you have inside StashAway?

[Sharonyap2505]

I am new to this app and I deposited $20. So far returns is only $0.33 in 2 months which I see potential if I deposit higher amount. But I'm afraid of the risk of suddenly losing my money overnight.

Do you use StashAway and how much $ do you put in every month?

 

[Chisaki]

I am new to this app and I deposited $20. So far returns is only $0.33 in 2 months which I see potential if I deposit higher amount. But I'm afraid of the risk of suddenly losing my money overnight.

Do you use StashAway and how much $ do you put in every month?

If scared,don’t invest, only invest money u r willing to lose

 

[thespell]

I am new to this app and I deposited $20. So far returns is only $0.33 in 2 months which I see potential if I deposit higher amount. But I'm afraid of the risk of suddenly losing my money overnight.

Do you use StashAway and how much $ do you put in every month?

Depending on the risk profile you choose during KYC. The returns/losses also depend on market condition. During downturn, the draw down may be up to 50-60% but this also depends on your risk profile. Invest the money that you won't need for the next 3-5 years and that you're prepared to lose up to 50-60%. No pain no gain

I don't put in every month anymore as I am DIY now but I did start investing with Stashaway and Smartly.

 

[reddevil0728]

I am new to this app and I deposited $20. So far returns is only $0.33 in 2 months which I see potential if I deposit higher amount. But I'm afraid of the risk of suddenly losing my money overnight.

Do you use StashAway and how much $ do you put in every month?

Is your concern losing money from investment or losing money because Stashaway close down?

 

[Sharonyap2505]

Is your concern losing money from investment or losing money because Stashaway close down?

Both actually. Never did investing before, have 0 knowledge about it and right now I'm taking my first clueless step into investing.

 

[estoppel]

I started off with S$1k around April'19 and DCA $100 per month on a 30% risk profile on a trial basis. As of today, my current value is S$2,612 (returns of S$193) which ain't too bad.

 

[reddevil0728]

Both actually. Never did investing before, have 0 knowledge about it and right now I'm taking my first clueless step into investing.

I think you are better off just using RSP for STI ETF.

If scare StashAway close down, I think that 1 because they put your money in a custodian account so it should be protected.

 

[len555]

I think you are better off just using RSP for STI ETF.

If scare StashAway close down, I think that 1 because they put your money in a custodian account so it should be protected.

Agree. Remember when smartly closed down (dun hav acct there so can only speak what i heard), money intact ,was either assets sell off and send you back money or were given option to move to stashaway with a promo

 

[win_man]

I am new to this app and I deposited $20. So far returns is only $0.33 in 2 months which I see potential if I deposit higher amount. But I'm afraid of the risk of suddenly losing my money overnight.

Do you use StashAway and how much $ do you put in every month?

Started less than 6 months with $30K and some months DCA $100-500. Returns about 8-10% (two portfolios). The March 24 dip affected one of my portfolio until today still negative even with DCA To mitigate the risk of Stashaway closing down, i have to also diversify into others such as Syfe. And another part DIY in SG/CN/US stock markets.

i also started small before this. Just invest in an amount that you are comfortable to lose. You can start with $20 first and add in more along the way.

 

[PongRareRare]

Started less than 6 months with $30K and some months DCA $100-500. Returns about 8-10% (two portfolios). The March 24 dip affected one of my portfolio until today still negative even with DCA To mitigate the risk of Stashaway closing down, i have to also diversify into others such as Syfe. And another part DIY in SG/CN/US stock markets.

i also started small before this. Just invest in an amount that you are comfortable to lose. You can start with $20 first and add in more along the way.

“Mitigate the risk of Stashaway closing down” is very scary

 

[yellownova]

I started off with S$1k around April'19 and DCA $100 per month on a 30% risk profile on a trial basis. As of today, my current value is S$2,612 (returns of S$193) which ain't too bad.

I started DCA $100 in May 19 with 22% risk profile. Returns are at 13% currently.

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