Care to explain on why 36% etc? Seems like 36% is a lot of people choice here.
The general principle is if you take on more risk, you'll get more returns. The 36% portfolio is the choice since most of us are holding it for long term >5-10 years. The
risk comes in the form of short-term fluctuations. Over 10 years, almost every big equity index sure rise. It's just a matter of rise by how much. So the 36% portfolio, being the riskiest, gives it the potential to rise by a lot.
I think it's up to risk appetite and current economy climate... I believe there was a period of time where risk index 22 was outperforming risk index 36.
Edit: back I believe risk index 36 did not have gold allocation...
This is precisely my point above. If you look at yearly returns, the more conservative portfolios (Maybe from 20% to 28% or whatever) sometimes might have higher returns. But that's just it. It's because the 36% portfolio is also susceptible to larger short term swings. But if you were to look at portfolios over the span of 5-10 years, a full equity portfolio almost always outperforms one with a mix of equity and bonds. The bonds are only there to help you tank short term swings.
You are correct. The gold allocation in the 36% portfolio is
new. They only added it last year in the covid-rebalancing. All previous 36% portfolios have 0% gold, and even the 30% portfolio used to only have 5% gold prior to the covid-rebalancing last year.
Therefore, based on the behaviour seen, it's not unreasonable to expect them to revert back to low or 0% gold some time in the future.
First ascertain your risk appetite then keep to it
Somehow gold etc will stay in Stashwy - just a matter of how much % composition
U should be asking are there all sort of stk exchange charges/brokerage charges...
If you got so much free time to ownself quote and reply ownself, nothing wrong with that. The regulars in Money Mind also already tune you out. But please don't spread mis-information.
For Syfe and Stashaway, there are no such thing as transaction charge or brokerage charges. The only fee to be paid is the management fee + currency conversion fee. It's clearly stated in their FAQ page.
I've omitted ETF fees since the comparison is usually to DIY, but then if you DIY also cannot avoid ETF fees.
Sorry noob question, for Syfe when they purchase US equities, do they buy it at the "market closed" prices (since there is a time zone difference)?
Syfe and Stashaway buy their ETFs through Saxo. It's all done through computers. I don't know about Syfe, but for Stashaway, since you can see the price per ETF in USD each time there's a purchase, so you can look up the ETF price for that day. I notice the Stashaway buy orders usually go through at around 11pm-12am SG time, so 10-11am US time.
