Stashaway discussion thread

[tutonic]

Hi, got a few questions on this stashaway before I open the account
1. I understand 36% is the highest risk so does that means all will be in US stocks ?
2. Can fund using srs ?
3. How are the fees charged ? I know there is an 0.8% fee based on investment amount. So is it charged on an annual basis?

1) Nope. The 36% portfolio is: 12-18% IJR, XLY and 7-11% XLV. Total US ETFs about 50% thereabout. Gold (GLD) is 16-24%. VNQI is 6-8%. Rest is international equity. AAXJ (5-7%), SPEM (6-8%) and KWEB (16-24%). So you get pretty decent exposure to China tech stocks too.
2) Yes, all portfolios can be funded using SRS or Cash.

Wow 30% any idea how to check what’s my potential return percentage?

I don't think there's a way to check potential return percentage when creating the portfolio. They only have those standard projection type of chart.

Thanks for sharing your experience, will you be able to to share your average risk index used over the last 3 years which helped to achieve the 17%?

For what it's worth, I currently have my money split between a 16% portfolio and a 30% portfolio. It's only been about a year, so the difference in returns isn't that huge. My 'safer' portfolio has 12.3% returns, while the 'riskier' 30% portfolio is at 13.43%.

 

[blue_ice1985]

Thanks for sharing your experience, will you be able to to share your average risk index used over the last 3 years which helped to achieve the 17%?

Hello, sure!

I have 3 portfolios as shown below:

1) 30% (started in July 2017)
2) 36% (started in July 2017)
3) 36% (started in Jun 2020)

For the first 2, I started off with mid 20% risk level but I up it to the current risk level probably late last year.. Cannot really remember when. The last portfolio started only few months back with absolute yield of 6% +

I will say go with the highest risk level but do remember this is for long term. I have no intention to withdraw my money for a long long time.

 

[raylite]

For what it's worth, I currently have my money split between a 16% portfolio and a 30% portfolio. It's only been about a year, so the difference in returns isn't that huge. My 'safer' portfolio has 12.3% returns, while the 'riskier' 30% portfolio is at 13.43%.

Hello, sure!

I have 3 portfolios as shown below:

1) 30% (started in July 2017)
2) 36% (started in July 2017)
3) 36% (started in Jun 2020)

For the first 2, I started off with mid 20% risk level but I up it to the current risk level probably late last year.. Cannot really remember when. The last portfolio started only few months back with absolute yield of 6% +

I will say go with the highest risk level but do remember this is for long term. I have no intention to withdraw my money for a long long time.

Thank you both for sharing the risk index used and performance, very helpful for me -- just starting out with StashAway/Syfe and want to see how best to allocate.

 

[ZarakiKPC]

anyone knows if stashaway projected returns are before or after the 30% witholding tax on dividends?

 

[Barracudaz]

Which robo adviser uses LSE etf???

 

[mousepad_88]

Which robo adviser uses LSE etf???

DBS digiPortfolio

 

[leo921]

Anybody uses the stashaway simple. Does it give out monthly interest? Would u recommend it for a Uni student?

 

[tesarise]

Anybody uses the stashaway simple. Does it give out monthly interest?

this is not a bank account. there is no "interest". prices of the underlying funds are updated daily

Would u recommend it for a Uni student?

depends on the what are you trying to accomplish

 

[tc4237]

Hmmm... Stashaway don't allow me to do 36%. They recommended 6% but allowed me to adjust to 20-22% max highest risk. Any way to bypass that?

I just started an account. Any problems with pay ow that anyone experienced? Esp if name slightly different?

 

[Project_Xco]

Hmmm... Stashaway don't allow me to do 36%. They recommended 6% but allowed me to adjust to 20-22% max highest risk. Any way to bypass that?

I just started an account. Any problems with pay ow that anyone experienced? Esp if name slightly different?

Go to your profile and set your risk appetite to most aggressive.

 

[xuanweng]

Hmmm... Stashaway don't allow me to do 36%. They recommended 6% but allowed me to adjust to 20-22% max highest risk. Any way to bypass that?

I just started an account. Any problems with pay ow that anyone experienced? Esp if name slightly different?

Is your risk level.. need redo some assessment at sgx then they allow u higher risk portfolio

 

[naysayers]

Anybody uses the stashaway simple. Does it give out monthly interest? Would u recommend it for a Uni student?

It is not interest per se because return is not guaranteed, however you can say the projected return is relatively stable in the long run while your risk of losing capital is only when the underlying fund default (do read up on money market fund to get to know what risk you are exposed to). It is not recommended in the sense that there are many options in the market that give up to 2% annually guaranteed return as well as capital return. This type of fund is great when you have a lot of capital (since high interest savings are usually limited) or simply considering to put a fixed deposit (less guaranteed but you can say the return is slightly better and have better liquidity at the expense of it not insured).

 

[rottingapple]

Anybody uses the stashaway simple. Does it give out monthly interest? Would u recommend it for a Uni student?

i Deposit 10k on 15 oct. as of today. my balance in stashaway simple is $10005. u can calculate to See if it worth your time...

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT

 

[misterleaf89]

These are long term investments. dun move the funds because of some fluctuations.... Theoretically LT-wise it should grow as economy grows.

Very true indeed. Just treat this as another saving account.

 

[undergrd]

Buy more when dip... continue to DCA for LT!

 

[vbhelper]

If I withdraw $10k, as it takes 3-5 business days, will I get 10k or depends on the stock market my withdrawal is successful?

 

[tutonic]

If I withdraw $10k, as it takes 3-5 business days, will I get 10k or depends on the stock market my withdrawal is successful?

If you submit withdrawal on Monday at 6am, for example, Stashaway will then put in the order to sell the required amounts in USD when market opens Monday night, so whether you get more or less depend on how markets move on Monday night. Once they've sold it, then then exchange it back to SGD (but exchange rate very rarely fluctuates so much over a span of a couple days).

The withdrawal will always go through. It just depends on what the final amount withdrawn will be.

All this is for full withdrawal. For partial withdrawal, I think the balance can be made up using your 1% cash holdings in your portfolio. I'm not entirely sure though, since I've never partially withdrawn.

 

[lukefung85]

I put deposit alr, referral code need how long to activate?

 

[zenify.me]

I put deposit alr, referral code need how long to activate?

Should appear immediately under More > Promotions if you are using the mobile app.

Can use the WhatsApp icon within the app to check with their CSO if it's not showing up for you.

 

[lukefung85]

Should appear immediately under More > Promotions if you are using the mobile app.

Can use the WhatsApp icon within the app to check with their CSO if it's not showing up for you.

I used someone referral link on the promotion but it says it’s not applicable.