Roboadvisor: Stashaway vs Syfe

[dappermen]

It is 0.8 % similar to stashaway expense or maybe dbs... cant recall offhand
U can try , try from a small amount first... then u add on more

Sorry my hands r tight w stashaway and syfe le


Y didnt u consider dbs’s although i have not....

 

[paradigm paralysis]

Thanks bro.
I have syfe & stashaway. Realised no matter how I adjust my risk, 20% commodities remains constant. Hence looking for other robo/choices.

Posted from PCWX using 阻碍梦想的不是现实 而是不去实现

 

[tutonic]

Thanks bro.
I have syfe & stashaway. Realised no matter how I adjust my risk, 20% commodities remains constant. Hence looking for other robo/choices.

Posted from PCWX using 阻碍梦想的不是现实 而是不去实现

That's because of the rebalancing that occurred last March or May. Prior to that, the higher risk portfolios in Stashaway have little to no gold weightage. Therefore, stands to reason that eventually they'll re-optimize again and remove or reduce the gold.

If you want zero commodities, can try Syfe Equity100.

 

[dappermen]

That's because of the rebalancing that occurred last March or May. Prior to that, the higher risk portfolios in Stashaway have little to no gold weightage. Therefore, stands to reason that eventually they'll re-optimize again and remove or reduce the gold.

If you want zero commodities, can try Syfe Equity100.

Stshwy - - highest risk!36%
My gold 7% too much le ,globl Reits 27% too much le!!

 

[tutonic]

Stshwy - - highest risk!36%
My gold 7% too much le ,globl Reits 27% too much le!!

What are you talking about? 36% portfolio has 20% gold and 7% VNQI. You are free to invest in whatever you like, but please don't spread false information.

 

[paradigm paralysis]

That's because of the rebalancing that occurred last March or May. Prior to that, the higher risk portfolios in Stashaway have little to no gold weightage. Therefore, stands to reason that eventually they'll re-optimize again and remove or reduce the gold.

If you want zero commodities, can try Syfe Equity100.

i started equity 100 last month. 2k in, intend to dca.
i want to set up another portfolio for the kid's education fund.

any advice for me?

 

[tutonic]

i started equity 100 last month. 2k in, intend to dca.
i want to set up another portfolio for the kid's education fund.

any advice for me?

If it's for something very long term, I think the Stashaway 36% portfolio is quite good. I've been using Stashaway for more than a year now. My original portfolios were 16% and 30%, but then I merged everything into a 36% one. So far, the returns have been good. I'm currently at 22.84% TWR. The 20% gold allocation is less than ideal ah, to be honest. But then, the returns are good enough for me. I also trade using an IBKR Lite account (I'm currently in the US), so I monitor markets a couple times a week. The gold holdings help cushion the days where there is downswing since gold will usually be in the green, but you definitely suffer a bit when things rally, since gold usually in the red when equity rally.

Overall, I think the 36% portfolio is good enough. I just hope they re-optimise back to 0% or even 5% gold. That would be nice.

If you want a simple RSP strategy, can also consider FMSOne's RSP into the S&P500 ETF. Buying fee is quite low at 0.08% but selling fee is standard ah (though not really your concern since you're saving up for long term).

 

[kurt111494]

Hi, I kinda get what both of you mean. I am experiencing the same thing with my Syfe REITS+. They deducted the dividend payout amount from the "amount deposited". Also deducted that same amount from the "portfolio value". Made me rather confused. I always thought the amount I deposited in would be recorded as a fixed value, while the portfolio value is the one that fluctuates up and down depending on the market, and dividends will be like an "extra" payout (I didn't opt for them to be reinvested).

I received a reply from Syfe about this. Still a little confused.
__________

"Dividend payout amount deducted from total investment

This is a mathematical formula we use to display the relevant figures on our dashboard.

Total investment ( amount you invested) + portfolio return ( Amount your portfolio gained/lost) = Current market value

Typically on exercise date of dividends, share prices usually correct in value to reflect the dividends being issued; so think of it in a way where the portfolio "lose" value which is made up by "dividend" gains. Market forces (Supply and demand) override this impact - hence it would be tricky to attribute a dividend as a deposit or profit. Still, it won't be fair to call dividend as a 'new investment', but rather an alteration of an existing investment. This, however, gets reflected in the gains of the portfolio. So if look at the current value of your portfolio and subtract the total investment, you can get your portfolio return.

Re-arranging the formula above:
Current market value - Portfolio return ( Amount your portfolio gained/lost) = Total investment (the amount you invested)"
__________

Does this mean the dividends issued are part of the growth/market value of the REIT portfolio?

 

[tutonic]

I received a reply from Syfe about this. Still a little confused.
__________

"Dividend payout amount deducted from total investment

This is a mathematical formula we use to display the relevant figures on our dashboard.

Total investment ( amount you invested) + portfolio return ( Amount your portfolio gained/lost) = Current market value

Typically on exercise date of dividends, share prices usually correct in value to reflect the dividends being issued; so think of it in a way where the portfolio "lose" value which is made up by "dividend" gains. Market forces (Supply and demand) override this impact - hence it would be tricky to attribute a dividend as a deposit or profit. Still, it won't be fair to call dividend as a 'new investment', but rather an alteration of an existing investment. This, however, gets reflected in the gains of the portfolio. So if look at the current value of your portfolio and subtract the total investment, you can get your portfolio return.

Re-arranging the formula above:
Current market value - Portfolio return ( Amount your portfolio gained/lost) = Total investment (the amount you invested)"
__________

Does this mean the dividends issued are part of the growth/market value of the REIT portfolio?

That middle portion is just the economics behind the informational efficiency, and how stocks are priced in the financial markets.

Yes, the dividends issued will be part of the market value of your portfolio, and will increase your TWR %.

 

[Kojo0403]

i started equity 100 last month. 2k in, intend to dca.
i want to set up another portfolio for the kid's education fund.

any advice for me?

REITs+ ? more certainty in SGD and less volatile

 

[kurt111494]

That middle portion is just the economics behind the informational efficiency, and how stocks are priced in the financial markets.

Yes, the dividends issued will be part of the market value of your portfolio, and will increase your TWR %.

I don't think there will be confusion if the dividend payout amount was only deducted from my "portfolio value". The thing is, it was also deducted from my "amount deposited".

Kinda feels like they're just giving my own money back to me haha.

 

[dappermen]

What are you talking about? 36% portfolio has 20% gold and 7% VNQI. You are free to invest in whatever you like, but please don't spread false information.

https://forums.hardwarezone.com.sg/131989019-post845.html

Sorry loh the composition changes as the value of the stocks/gold keep changing esp after the covid meltdown

Gold is less than 17% and Reits (VNQI) is about 7% , sorry that i typed too fast using phone, Now this is accurate based on my composition of 36% risk pf...... but all along i signed up for stashawy is for pure equities
I m talking about stashaway loh, just in case u dont know

Isnt it Too much Gold!!!!!!!!!!!!!!???????? i felt 7% gold is too much le!!!!! not to mention it is 17% or 20%!!!! the issue is not about the figure , it is ABOUT it is too much items which i didnnt sign up for mah

 

[dappermen]

I don't think there will be confusion if the dividend payout amount was only deducted from my "portfolio value". The thing is, it was also deducted from my "amount deposited".

Kinda feels like they're just giving my own money back to me haha.

-Continuation on how they compute returns upon facing any form of deductions -

what if it is a deduction of mgt fees/exps? :
The management fees deducted monthly would reduce the Current Value as that amount would be deducted from the 1% Cash (SGD) allocation. This, in turn, could reduce the Total Return number (assuming that the prices of the underlying assets remains the same or are underperforming).
Kurt would this help? - hve to think from their angle , not the usualy laymen angle :

It would not affect the Net Deposit as it is not a withdrawal of funds. rem so long it doesnt cross into the line of bk a/c , it will not affect your net deposit @ all... just take note

Let me teach u a way to Understand (in order to under your app) how Stashaway define their "Net deposits"
- u have to keep telling yourself:

net deposits: is All $/cash that crosses the line of your bank account!!!!!!!!
eg u DcA/RSP $50 or u lumpsum 1K into your robo that amt crosses from bank into the RObo, ie Net deposits! (to them)
if u suddenly needed S$300 in urgent need, u wdraw $300 from ur robo & it crosses into ur bank ie Minus deposit
if u opted out dividends, hence divs crosses (wdrawn) from ur robo into your bank , that will impact your NEt deposit too
(So long u think w this perspective u will be "Psycho" into their definition)

So what if Your robo has gotten some dividends rec'd? So long that div recd doesnt crosses your bank account at all, then too bad, that will NOt have any impact to + your net Deposit at all


the impact of the blood dividends will only be added to your that figure : Total Returns (shown in App)
Ref:
https://forums.hardwarezone.com.sg/131949151-post825.html

 

[rottingapple]

https://forums.hardwarezone.com.sg/131989019-post845.html

Sorry loh the composition changes as the value of the stocks/gold keep changing esp after the covid meltdown

Gold is less than 17% and Reits (VNQI) is about 7% , sorry that i typed too fast using phone, Now this is accurate based on my composition of 36% risk pf...... but all along i signed up for stashawy is for pure equities
I m talking about stashaway loh, just in case u dont know

Isnt it Too much Gold!!!!!!!!!!!!!!???????? i felt 7% gold is too much le!!!!! not to mention it is 17% or 20%!!!! the issue is not about the figure , it is ABOUT it is too much items which i didnnt sign up for mah

Sister, maybe u can look into syfe equity 100

 

[dappermen]

sister???????

i did ah, i jump right into SYFE after i was shocked by the rebalancing act of Stashaway! Path of no regrets.....when stashaway started that then, there wasnt Syfe

 

[dappermen]

dont pick UOB robo

i started equity 100 last month. 2k in, intend to dca.
i want to set up another portfolio for the kid's education fund.

any advice for me?

try the SYFE's Reit+, really a Fat Income (esp your kid's fund is needed in a few year time or it is still decades to his University? but he should have EDusave now)
i opened it only at year end 2020, a path of No return le (all of u should know that Reits in sg has a climax definitely by year end but i m pleased with it )

if not go for pure equity which u alrdy started - great good start! can throw in more lump sum

UOB robo? forget it :
https://seedly.sg/questions/hi-has-...-advisor-yet-what-are-your-thoughts?aid=56881

Yes UOB AM.

Thanks. Any thoughts on this robo?

Posted from PCWX using 阻碍梦想的不是现实 而是不去实现

 

[paradigm paralysis]

try the SYFE's Reit+, really a Fat Income (esp your kid's fund is needed in a few year time or it is still decades to his University? but he should have EDusave now)
i opened it only at year end 2020, a path of No return le (all of u should know that Reits in sg has a climax definitely by year end but i m pleased with it )

if not go for pure equity which u alrdy started - great good start! can throw in more lump sum


UOB robo? forget it :

https://seedly.sg/questions/hi-has-a...ghts?aid=56881

Thanks bro.

I started last month. Hahahah. Will focus on syfe equity & reits. Now tempted to increase my stashaway risk to 36%.


Posted from PCWX using 阻碍梦想的不是现实 而是不去实现

 

[rottingapple]

Thanks bro.

I started last month. Hahahah. Will focus on syfe equity & reits. Now tempted to increase my stashaway risk to 36%.


Posted from PCWX using 阻碍梦想的不是现实 而是不去实现

good luck

Hey everyone, how do u See the future of reits?

 

[blurpandasg2014]

Does it make more sense to buy syfe reit + or REIT etf like Nikko am STC Reit direct from stock market?

If invest $10,000 lump sum; the fees payable:

Syfe: $65/yr
Direct from SGX: Buy ~$32, sell ~$32 (no other charges)

Both dividend payouts are rather similar

 

[dappermen]

Thanks bro.

I started last month. Hahahah. Will focus on syfe equity & reits. Now tempted to increase my stashaway risk to 36%.
Posted from PCWX using 阻ç¢*梦想的ä¸*是现实 而是ä¸*去实现

Stashawy to 36%? pls wait till they reduced to even much lesser gold , too much le
Unless u r forseeing gold keep rising!?
Currently u r at which level , since when? U find the returns too little?!!





Blurpanda, i learnt my lesson from stashaway’s sg income portfolio, they bought all Etfs of reits and things related to sg (for income amassing)
Note: my pf return is not even more than a 2% after a yr+
But stashawy promised to takeup some suggestions to improve this, but not sure how long does it takes?? patience running low....

If i m getting Reits, of cos if u r very free and has a crystal ball that can beat them, pls buy on your own stocks related to reits

I will never bother to get etf of Reits based on the lesson mentioned abv!
Btw dont your broker charge a fee when transacting? Even sgx charges too or is it embedded in your etf alrdy?

Does it make more sense to buy syfe reit + or REIT etf like Nikko am STC Reit direct from stock market?

If invest $10,000 lump sum; the fees payable:

Syfe: $65/yr
Direct from SGX: Buy ~$32, sell ~$32 (no other charges)

Both dividend payouts are rather similar