Roboadvisor: Stashaway vs Syfe

[ongkinhong12345]

Any idea POSB digiportfolio compare to stashaway?

 

[optimus_prime888]

Please pm . I need also.

PMed you as well.

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[RMCWMR]

Stashaway also have adequate support. Anything can just call or whatsapp them. Personally, I just whatsapp. Easier to properly word your query and they get back within 1 business day. With the app, even though stashaway has slightly lower return, compared to syfe, the convenience and ease of use really cannot be compared. For the bulk of the layman investor, convenience will be number 1 priority, and not the chasing of tiny differential earnings.

Agree on the app part. I had also fedback to syfe but in their replies (from the CEO himself) said that they are working on an app and looking to launch it soon.

 

[AMD_FREAK]

On stashaway, I split into 3 different portfolios. 80% of my monthly top ups go into 16% portfolio, 10% go onto SGD Income portfolio, and 10% go onto 30% portfolio (since 30% has XLK). For an equity portfolio, the 30% one is pretty defensive since you also hold consumer staples XLP as well. Higher than 30% risk not really worth it since you'll be holding XLC and XLE.

How's your returns so far?

 

[tutonic]

How's your returns so far?

I only very recently started, but quite solid imo. I already made about 2.5% for the past 2 months. A close friend has about 10-12% a year, on about 8k sgd total right now (but principal accumulated via 5-600 per month, so considered quite decent liao).

Especially considering how hands-off it is. I just set up standing instruction, so every month auto transfer my specified amount, and on the app, I designate the ratios I want for my different portfolio.

For me, convenience is the biggest draw. I can invest in both the USD denominated global ETFs, and also the SGD ETFs in one app. One place for everything. Granted, you're not fully maximising your potential returns, but I'm fine with it for now (or at least till I get a sizeable asset base and start looking into active investing, since this is considered passive investing mah.)

 

[2474265]

Stashaway! They have a huge team with extensive experience and knowledge in the finance and investing industry.They are also venturing to asian country such as Malaysia so this means that they are here to stay for long term.

Lastly thier mobile app is sleek and easy to use!

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How much do they pay you???
Hahahahahaha

If I look at your past posts in this thread... you seem to be very biased to say the least

 

[w1rbelw1nd]

I only very recently started, but quite solid imo. I already made about 2.5% for the past 2 months. A close friend has about 10-12% a year, on about 8k sgd total right now (but principal accumulated via 5-600 per month, so considered quite decent liao).

Especially considering how hands-off it is. I just set up standing instruction, so every month auto transfer my specified amount, and on the app, I designate the ratios I want for my different portfolio.

For me, convenience is the biggest draw. I can invest in both the USD denominated global ETFs, and also the SGD ETFs in one app. One place for everything. Granted, you're not fully maximising your potential returns, but I'm fine with it for now (or at least till I get a sizeable asset base and start looking into active investing, since this is considered passive investing mah.)

As someone who truly passive invest in ETFs, I got to say Stashaway or Syfe approach is anything but passive. True, they invest in index ETFs, but thats as far as it goes. There is constant adjustment of portfolio for whatever reasons, based on their algorithm/backtested results.

I would say they are more like a hedge funds but using ETFs to execute their trading ideas.

 

[spinning_quirK]

Passive for the investor I guess. Lesser work done by the one providing the funds.

 

[tutonic]

Passive for the investor I guess. Lesser work done by the one providing the funds.

Yeah. Passive as in, I don't need to do anything except transfer my money.

 

[hkchew03]

So far so good on Stashaway 26%. Started with 5k in Mid Jul, additional $500 in first 2 mths follow by $1k/mth for the next 3mths. Now about to 5% return after 5mths exactly.
The app does make it much more user friendly compare to other platform.

Looking at Syfe for the lower fee in the long run as well.

 

[ryonee]

Actually... although stashaway fees are higher versus autowealth/syfe for larger amounts... Is it still worth to stay with stashaway as they might have better returns and thus able to cover the difference in fees and more?

 

[Clone_]

I feel StashAway has too much gold, 26% risk has 12-18% gold, 30% has 6-10% gold and no bonds.
I prefer Syfes allocation since there's some exposure to Asia without having to go for the bond/gold heavy portfolio of StashAway

Started on different dates so not a fair comparison

StashAway 26%
Annualized return 11.66%

Syfe 17%
Annualized return 26.29%

Going to change StashAway to 36% risk and use Safe 17%

 

[assiak71]

Just realised syfe fee is quite low at 0.4% if you have 100k

Not tiered right

Hows their holdings?

 

[assiak71]

Updated based on SGD 25 platform fee for AutoWealth (thanks for the feedback):

AW still second cheapest after Syfe. Other fees for Syfe and StashAway seem to be exactly the same (custodian, FX, etc) and pretty much negligible. Not sure what fees AW charges in addition.

If purely is about fees, Syfe seems best, but that should not be anyones only decision criteria.

https://www.syfe.com/pricing

Syfe 100k onwards shd be 0.4% right?

 

[decibel.]

Syfe has too much US exposure. Not really diversified. Well, in fact most robo are heavy in US

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[assiak71]

Qn.

Would you go for a robo which does tactical changes like stashaway and syfe or go for fixed AA like endowus and autowealth?

 

[assiak71]

Another qn.

Syfe faq says the broker will claim withholding tax for certain etf such as US treasuries. Does stashaway have this? I guess should have since it is saxo too?

 

[s0crates]

Stashaway have

Another qn.

Syfe faq says the broker will claim withholding tax for certain etf such as US treasuries. Does stashaway have this? I guess should have since it is saxo too?

 

[blurpandasg2014]

Blessed Christmas

Updated the performance! Tough fight between both robos

 

[assiak71]

Blessed Christmas

Updated the performance! Tough fight between both robos

Actually i would prefer a comparison where both have bonds. I.e. dont go for max risk