Moneyowl Dimensional Fund (DFA) vs Stashaway

[x_men_naruto96]

I don't think they list down every fund invested in ba?

Yea. I tried to look for it but no info!

 

[Peanut15]

My stash away balance shows $2020 after depositing $500 for 4 months. Feels quite bad as I only earned $20. I think ocbc BCIP give me better returns

Sent from Samsung SM-N975F using GAGT

 

[Okenba]

500 to 2020 over 4 mths is amazing!

500 to 520 over 4 mths is less amazing but still a return of 40% over 4 mths. Which is projected 120% over 1 year.

 

[_dXter]

Think he meant he deposited $500 per month for 4 mths, portfolio gained only $20.

 

[klcc121]

started money owl in august, total investment 5.8k, current value 6.1k, total return = 5.17%, 100% equity

 

[goblinn]

started investing in Stashaway $500/month from Mar19, so 4k then now have 4.3k not bad i guess? Not sure is it including or excluding fees hmm

 

[blurpandasg2014]

started investing in Stashaway $500/month from Mar19, so 4k then now have 4.3k not bad i guess? Not sure is it including or excluding fees hmm

Should be exclude cos stashaway deduct every mth the fees

 

[x_men_naruto96]

Are you still continuing the project blurpanda??

 

[blurpandasg2014]

DFA and stash is back on track with regular contributions

 

[blurpandasg2014]

Updated. Blessed Christmas

 

[s0crates]

Actually did you take into account the fees charged by the platforms?

Updated. Blessed Christmas

 

[tutonic]

Actually did you take into account the fees charged by the platforms?

Not sure about Moneyowl but for stashaway, the returns you're seeing will always be after fees deducted.

 

[creatrixnator]

How do we see the fees charged for stashaway ? Is there “switching costs” when we change to another risk profile ?

Not sure about Moneyowl but for stashaway, the returns you're seeing will always be after fees deducted.

 

[tutonic]

How do we see the fees charged for stashaway ? Is there “switching costs” when we change to another risk profile ?

I'm not sure if you can see the fees charged. You need to calculate yourself, I guess. Whatever returns displayed will be after fees. They explicitly state there.
There's no switching cost. If you change the risk profile of a current portfolio, they will make the buy/sell accordingly to meet the new ratios but they won't sell entire portfolio and then buy back.
If you want to combine portfolios into a new risk profile (like increase A and combine B into A since they now have same risk profile, for example), they'll sell the B, transfer the USD to A and buy back under A. I know this because I kena before. Luckily for me, when they consolidating, I overall gained a bit, so not too bad ah.

 

[creatrixnator]

Thanks ! Meaning to say when switching we don’t incur any sales charge but will be out of the market at that moment ? ( for whatever amounts that require switching ) ... will continue monitoring haha ... just started a bit

I'm not sure if you can see the fees charged. You need to calculate yourself, I guess. Whatever returns displayed will be after fees. They explicitly state there.
There's no switching cost. If you change the risk profile of a current portfolio, they will make the buy/sell accordingly to meet the new ratios but they won't sell entire portfolio and then buy back.
If you want to combine portfolios into a new risk profile (like increase A and combine B into A since they now have same risk profile, for example), they'll sell the B, transfer the USD to A and buy back under A. I know this because I kena before. Luckily for me, when they consolidating, I overall gained a bit, so not too bad ah.

 

[tutonic]

Thanks ! Meaning to say when switching we don’t incur any sales charge but will be out of the market at that moment ? ( for whatever amounts that require switching ) ... will continue monitoring haha ... just started a bit

Yes, there's no sales charge. Yes, you are correct. For example, if you were to increase your risk profile, such that the new portfolio has 10% bonds instead of your original 15% bonds, and your equity also rises 5% under this new risk profile, then they'll sell off 5% worth of bonds and use that money to buy 5% worth of equities to meet the appropriate percentages required under the new portfolio risk profile.

If you're in doubt, you can always whatsapp them. I did. That's how I know about this.

 

[blurpandasg2014]

Bumps bumps

 

[blurpandasg2014]

Ups for the cny

 

[maxtaykw]

Thanks blurpandasg2014 for comparing between moneyowl and stashaway.

I am considering these 2 to invest my SRS.

Appreciate if you can share which one would you recommend and if there are any promotion right now.

 

[Okenba]

Thanks blurpandasg2014 for comparing between moneyowl and stashaway.

I am considering these 2 to invest my SRS.

Appreciate if you can share which one would you recommend and if there are any promotion right now.

Any reason why you are considering these two out of the other Robos?