Roboadvisor: Stashaway vs Smartly Performance

[halocast]

Thanks for the updates so far

 

[blurpandasg2014]

Updated. Will come up with another comparison thread on stashaway vs dimensional soon

 

[WoShiPro]

Just started a account with moneyowl.

Currently owned a 2month old stashaway account with 3.5% return.

 

[assiak71]

Moneyowl
Endowus

More options

But srs only stashaway for now right?

 

[frenchbriefs]

Please do not be a liar, you asked this...



When the answer based on facts contradict your thoughts, immediately flip prata and said this...



This "robo thing" benefit people who can invest regularly or as and when they want on a small sum who wanted to invest in the USA on a fuss-free solution like POSB Invest Saver...

You think the robo-advisors invest in what? Look up the USA listed ETF purchased by the Robo-advisors....Please tell me if someone who is willing to invest $50-100 in USA ETF a month, how are they going to do it?

The only other alternative I can think of is Maybank Kim Eng Monthly Investment Plan if you want to purchase USA ETF in a fuss-free solution like POSB Invest Saver...

The Robo Advisor not only purchase USA listed equities, they also purchase bonds and will help to rebalance your portfolio should the percentage deviate...

In the case of Smartly and Stashaway, you are able to hold fractions of a share...

If you want to compare the track record, just look up which ETF the Robo-advisors are buying and the weightage distribution of the Equities, Bonds and GLD ETF...

If you are even more worried, go with Autowealth which open a Saxo Capital account for you and the shares will be held in your Saxo Capital account... Smartly and Stashaway are holding your shares on their Saxo Capital account as they distribute to you in fractions of a share unlike Autowealth...

Last time thinkorswim broker only $5 USD commission.although one share of IVV is $200USD plus so u need $200 to $300.

 

[blurpandasg2014]

Bumps... Updated.

Will start new thread on stashaway vs dimensional (moneyowl) in the coming days.
Will still contribute to smartly and stashaway for another Yr

 

[InvestingDummy]

Looks like StashAway seems to be better, not sure if the costs will be higher than MoneyOwl- just knew of this today, haven’t finished reading it up yet but I heard there isn’t any withholding taxes? Looking forward to the new thread.

Will you be closing both StashAway/Smartly and cashing them out by the end of the next year?

 

[blurpandasg2014]

Looks like StashAway seems to be better, not sure if the costs will be higher than MoneyOwl- just knew of this today, haven’t finished reading it up yet but I heard there isn’t any withholding taxes? Looking forward to the new thread.

Will you be closing both StashAway/Smartly and cashing them out by the end of the next year?

Stashaway slightly cheaper than moneyowl fees. Stay tuned for the new thread

Next Yr will have to depend on performance... Den I would decide if I shld close account

 

[Peasantboy]

There is withholding tax for Stashaway since they focus almost exclusively on US securities.

However, they’ve explained in their FAQ that even with WHT, the US focus generates higher returns due to the liquidity and lower tracking error. Do check out their FAQ for more info

Looks like StashAway seems to be better, not sure if the costs will be higher than MoneyOwl- just knew of this today, haven’t finished reading it up yet but I heard there isn’t any withholding taxes? Looking forward to the new thread.

Will you be closing both StashAway/Smartly and cashing them out by the end of the next year?

 

[tangent314]

However, they’ve explained in their FAQ that even with WHT, the US focus generates higher returns due to the liquidity and lower tracking error. Do check out their FAQ for more info

We've discussed that article here before. There's quite a bit of BS in that article.

 

[blurpandasg2014]

Real life comparison between both of them will uncover which is better stay tuned for the new thread

 

[WoShiPro]

Both stashaway and moneyowl return for me is negative..

Stashaway from 3% profit drop till negative.. moneyowl I deposited just before trump make that tweet..

Damn trade war.

 

[JuniorLion]

Both stashaway and moneyowl return for me is negative..

Stashaway from 3% profit drop till negative.. moneyowl I deposited just before trump make that tweet..

Damn trade war.

That's for trying to time the market.

 

[blurpandasg2014]

Trade war scare reduced both portfolios significantly

 

[blurpandasg2014]

Smartly just changed their allocation

Increased more exposure to US and changed GLD to XLE

 

[earthtk]

Invested on stashaway since Dec 2017.

With the tradewar and all, current standing 3.5%. If consider with currency impact then standing around 7%. Been in negative standing till like past few months. Risk Index 18%.

Not sure how it compares to others thou

Sent from Samsung SM-G965F using GAGT

 

[Peasantboy]

Opened highest risk (30%) in Mar 2019 and deposited about 8k. Currently market return is SGD -93 and currency impact is SGD +130. Nett effect is +0.6%.

Invested on stashaway since Dec 2017.

With the tradewar and all, current standing 3.5%. If consider with currency impact then standing around 7%. Been in negative standing till like past few months. Risk Index 18%.

Not sure how it compares to others thou

Sent from Samsung SM-G965F using GAGT

 

[blurpandasg2014]

Bumps bumps updated

 

[blurpandasg2014]

Updated. Smartly underwater

 

[assiak71]

We've discussed that article here before. There's quite a bit of BS in that article.

In this thread? Would like to know the findings and conclusion of the discussion