Roboadvisor: Stashaway vs Syfe

[JetStorm]

Why not do interactive brokers cash? Dividend withholding tax efficient. Low cost etf. No recurring cost

Interactive Broker is not an approved broker at my work place.

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[celestial517]

unless u are on STI which... like never seem to recover and bounce as strong as S&P but tank just as fast.

 

[zerozerozerozero]

Thank you for your insights,

Unfortunately Endowus requires a min 10k to start with them and i was thinking of investing only 10k for a start, do you still recommend going in?

Everything is low now. Regardless of whatever platform or DIY, now is the golden time to enter. But only enter if you don't kanchiong over short term fluctuations/drops.

Even for those who previously entered, those who are smart and got spare cash should pump more in now, borrowing against your future deposits (i.e. you pump more now, then when market recover, you don't put in as much so that your total contribution for the year is still the same, simply put).

Of course, goes without saying to DCA ah, don't one time throw in.

 

[tutonic]

Thank you for your insights,

Unfortunately Endowus requires a min 10k to start with them and i was thinking of investing only 10k for a start, do you still recommend going in?

Why would you go with Endowus? Why not DIY? 10k is too steep of a sum, unless you got like 2-300k lying around.

Usually people DCA over a few days/weeks to tank any fluctuations. If you one shot go in 10k, then market drops some more, it'll perform poorer than if you did 1k over 10 trading days.

 

[Gametaku]

Do not DCA blindly just for the fear of missing out. It is still too early to do that. There is no sign of recovery in the short term. Do follow what is happening around us and the world eg. oil war, fed repo, countries lockdown and virus containment news) If you DCA blindly now, you would only be buying the asset at a higher price.

Glad to have sold all of my robo assets (3 fr Syfe portfolio, 2 fr Stashaway portfolio and 1 fr DBS digiportfolio) few weeks back. Took a total loss of about $5.3K (super happy with it) which averaged out to only 7.1% net loss. The loss would be about 17.7% if i were still holding on to them today. It would be even greater if i did not sell them and continue to DCA blindly.

As of today, even with the 7.1% loss, i could easily buy back more assets with the same capital than if i were to hold on to them. (eg, i sold 500 robo assets but now i can easily buy back 600 robo assets with the same amount).

 

[hkchew03]

Do not DCA blindly just for the fear of missing out. It is still too early to do that. There is no sign of recovery in the short term. Do follow what is happening around us and the world eg. oil war, fed repo, countries lockdown and virus containment news) If you DCA blindly now, you would only be buying the asset at a higher price.

Glad to have sold all of my robo assets (3 fr Syfe portfolio, 2 fr Stashaway portfolio and 1 fr DBS digiportfolio) few weeks back. Took a total loss of about $5.3K (super happy with it) which averaged out to only 7.1% net loss. The loss would be about 17.7% if i were still holding on to them today. It would be even greater if i did not sell them and continue to DCA blindly.

As of today, even with the 7.1% loss, i could easily buy back more assets with the same capital than if i were to hold on to them. (eg, i sold 500 robo assets but now i can easily buy back 600 robo assets with the same amount).

Yes agree, in a situation where you are uncertain about the market, continue to DCA. But in our current situation, I see no chance of the COVID to slow down in the short future, better to hold on to your ammo.

 

[w1rbelw1nd]

Thank you for your insights,

Unfortunately Endowus requires a min 10k to start with them and i was thinking of investing only 10k for a start, do you still recommend going in?

I don't think they are that fussy whether you do 10k one shot or 10k over 3 months. You better call or email them to confirm.

Do not DCA blindly just for the fear of missing out. It is still too early to do that. There is no sign of recovery in the short term. Do follow what is happening around us and the world eg. oil war, fed repo, countries lockdown and virus containment news) If you DCA blindly now, you would only be buying the asset at a higher price.

Glad to have sold all of my robo assets (3 fr Syfe portfolio, 2 fr Stashaway portfolio and 1 fr DBS digiportfolio) few weeks back. Took a total loss of about $5.3K (super happy with it) which averaged out to only 7.1% net loss. The loss would be about 17.7% if i were still holding on to them today. It would be even greater if i did not sell them and continue to DCA blindly.

As of today, even with the 7.1% loss, i could easily buy back more assets with the same capital than if i were to hold on to them. (eg, i sold 500 robo assets but now i can easily buy back 600 robo assets with the same amount).

End of the day is how you want to invest. I am trying my best to hold on and I lost so so so much, because I don't want to get into the slippery slope of market timing. Maybe I am being a romantic, but the whole point about passive investing is that market is pricing in information correctly at all times, and trying to guess what is going to happen, and having the itch to try to guess how things are going to turn out is really not my groove.

To each his own.

 

[Fizzical]

I am pumping 1k every two weeks...

 

[Okenba]

End of the day is how you want to invest. I am trying my best to hold on and I lost so so so much, because I don't want to get into the slippery slope of market timing. Maybe I am being a romantic, but the whole point about passive investing is that market is pricing in information correctly at all times, and trying to guess what is going to happen, and having the itch to try to guess how things are going to turn out is really not my groove.

To each his own.

Your stocks have fallen in value but you have not lost any money.
Has your house dropped in value? Do you care? You will care more only if you intend to sell it.
In the same way, the value of your stocks is only important when you intend to sell them.

Or, when you intend to buy them. If you wanted to buy a house, and prices dropped, you'd be overjoyed.

This is exactly what is happening now with stocks. They are on sale. Buy and be happy.

Accumulators would be happy for stocks to be cheap for many years, so long as they are on a major bull run when they are cashing out. If you're not cashing out, it's better that stocks are cheap.

 

[buaytuckchek]

I have two portfolio in Stashaway, both StashAway Risk Index set at 36%

1) Cash: -22.15%

2) SRS: +7.37%

When i looked into the details, the SRS portfolio actually have nothing invested (maintain in cash), and 0% gain when i looked at the USD value. So i guess just maintaining at USD cash alone had helped.

To seek advice on how to change the asset allocation portfolio in (1) to cash?

 

[assiak71]

I have two portfolio in Stashaway, both StashAway Risk Index set at 36%

1) Cash: -22.15%

2) SRS: +7.37%

When i looked into the details, the SRS portfolio actually have nothing invested (maintain in cash), and 0% gain when i looked at the USD value. So i guess just maintaining at USD cash alone had helped.

To seek advice on how to change the asset allocation portfolio in (1) to cash?

Even if possible dont do it
Dont login for 1 year

 

[fairylord]

Sorry newbie here with boob questions.

Are these portfolio under syfe REITs+ and Stashaway on US ETF having divide payable in period?

Shall I DCA on which portfolio if I want to hold long term for dividend portfolio?

Thanks.

 

[assiak71]

For stashaway, does disabling re-optimisation mean a fixed AA?

 

[fairylord]

Sorry newbie here with boob questions.

Are these portfolio under syfe REITs+ and Stashaway on US ETF having divide payable in period?

Shall I DCA on which portfolio if I want to hold long term for dividend portfolio?

Thanks.

Anyone kind to advice? Thanks and appreciate

 

[zerozerozerozero]

That was what I was thinking but I’m not sure if I’m the right path

Your stocks have fallen in value but you have not lost any money.
Has your house dropped in value? Do you care? You will care more only if you intend to sell it.
In the same way, the value of your stocks is only important when you intend to sell them.

Or, when you intend to buy them. If you wanted to buy a house, and prices dropped, you'd be overjoyed.

This is exactly what is happening now with stocks. They are on sale. Buy and be happy.

Accumulators would be happy for stocks to be cheap for many years, so long as they are on a major bull run when they are cashing out. If you're not cashing out, it's better that stocks are cheap.

 

[zerozerozerozero]

Thank you for your advice,

Even if I see this as a long term investment you would suggest not to go in the market at this point of time?

Thinking since it’s low now would be best to enter

Do not DCA blindly just for the fear of missing out. It is still too early to do that. There is no sign of recovery in the short term. Do follow what is happening around us and the world eg. oil war, fed repo, countries lockdown and virus containment news) If you DCA blindly now, you would only be buying the asset at a higher price.

Glad to have sold all of my robo assets (3 fr Syfe portfolio, 2 fr Stashaway portfolio and 1 fr DBS digiportfolio) few weeks back. Took a total loss of about $5.3K (super happy with it) which averaged out to only 7.1% net loss. The loss would be about 17.7% if i were still holding on to them today. It would be even greater if i did not sell them and continue to DCA blindly.

As of today, even with the 7.1% loss, i could easily buy back more assets with the same capital than if i were to hold on to them. (eg, i sold 500 robo assets but now i can easily buy back 600 robo assets with the same amount).

 

[zerozerozerozero]

Thank you for your advice,

Yes I don’t need the cash in 5 years, this investment is more for 20-30 years, would you advice to go in now?

But if the market goes up, DCA performs worse. DCA essentially lowers risks but also returns.

I would advise lump sum investment if you don't need the cash for the next 5 years.

 

[2474265]

Syfe posted a performance update on their blog:
https://www.syfe.com/magazine/the-power-of-a-risk-managed-diversified-portfolio/

 

[masonp]

given the high volatility, is it possible to get a fortnightly update?

 

[Joge517]

Sfye did a rebalancing in the midst of the covid-19 crash while stashaway maintained their stance that the drop is temporary and equities will move in upward trend soon enough, therefore maintaining the ratio of equities in your portfolio.
Much more satisfied with sfye's approach toward the risk management during this period but time will tell which robo advisor was right after all.
Prior to Jan 2020, stashaway will doing much better in terms of return though.

Take Yr pick based on yr risk appetite and good luck!

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