Stashaway discussion thread

[elnewbie]

Can use credit card to earn points ??

 

[duameatball]

Any reviews so far?

 

[wira]

How does this robo advisor works ?

Does it auto invest in ETFs based on our profile and preferences and auto rebalance the portfolio ?
Can we choose which ETFs to buy ?

 

[terryhoho]

Why need a middleman to buy etf? Can't ownself go sgx buy meh

 

[Amigogo]

this one like do all the work for u one rite? but only buy from USA mkt?

 

[w1rbelw1nd]

With StashAway, Are our investments in trust accounts? What's the process to take back our investment if they bankrupt?

What's the advantage of StashAway vs smartly?

Posted with My iPhone 7plus HardwareZone Forums app

These are MAS regulated companies. I would be very surprised if the securities are not placed under custodian accounts.

 

[w1rbelw1nd]

Unsolicited Content (Commercial solicitation / Ads / Referrals / Spam)

Thanks for the link!

One thing that I do not like about all 3 firms is that they give very little insights on what their portfolio allocations. What are the expected % across the ETFs? Other certain economic conditions, how will these allocations change?

All companies (Stashaway less so) are not giving much about their allocation weightage. I seriously think they underestimate how cautious/cynical Singaporeans are if they think they can get away with this level of engagement with investors

 

[w1rbelw1nd]

Why need a middleman to buy etf? Can't ownself go sgx buy meh

You can buy fractional shares, and if you are a small investor it might be cheaper to do it through stashaway.

Also they are selling this idea that the back-tested algorithm behind is smart enough to weight the asset classes based on economic conditions so that it earns a better risk adjusted return.

 

[partytoe]

Thanks for the link!

One thing that I do not like about all 3 firms is that they give very little insights on what their portfolio allocations. What are the expected % across the ETFs? Other certain economic conditions, how will these allocations change?

All companies (Stashaway less so) are not giving much about their allocation weightage. I seriously think they underestimate how cautious/cynical Singaporeans are if they think they can get away with this level of engagement with investors

Eh I think like have leh.I went to take a look at all 3 also (cos can just go in to indicate risk profile then they will break down the allocation. eg, for mine, was split between 60% bonds and 40% equities (and they broke down the individual US equities, which ETFs and Asia equities, bonds etc.) Seems like ba.

 

[Amigogo]

so is there any daily report one or jus put money there c the robot buy n sell for u ah?

 

[w1rbelw1nd]

Eh I think like have leh.I went to take a look at all 3 also (cos can just go in to indicate risk profile then they will break down the allocation. eg, for mine, was split between 60% bonds and 40% equities (and they broke down the individual US equities, which ETFs and Asia equities, bonds etc.) Seems like ba.

I dont think that is a good enough breakdown.

For autowealth and smartly, yes they do give the breakdown, but they dont give the basis of rebalancing, or the weightage across the geographies
For stashaway they dont give further insights on how the weightage is split during different economic periods. Examples would have been insightful.

All 3 invests in US-listed ETFs which, in my opinion, doesnt address the WHT advantage of LSE-listed ETFs. Stashaway tried to address it, but I am not convinced.

 

[Fizzical]

I dont think that is a good enough breakdown.

For autowealth and smartly, yes they do give the breakdown, but they dont give the basis of rebalancing, or the weightage across the geographies
For stashaway they dont give further insights on how the weightage is split during different economic periods. Examples would have been insightful.

All 3 invests in US-listed ETFs which, in my opinion, doesnt address the WHT advantage of LSE-listed ETFs. Stashaway tried to address it, but I am not convinced.

Perhaps that knowledge is guarded, hence no further insights are given. The ERAA seems to be their selling factor so I don't see why they would want to share. My 2 cents.

 

[w1rbelw1nd]

Yea it's a fair opinion, but imo they may be taking additional risk if they don't commit to certain parameters in terms of weightage.

If they have 10 years of track record of outperformance, maybe I can give them the benefit of doubt, but then...

Perhaps that knowledge is guarded, hence no further insights are given. The ERAA seems to be their selling factor so I don't see why they would want to share. My 2 cents.

 

[Amigogo]

still thinking want to try the stashaway or not

 

[Asphodeli]

For myself I think AutoWealth looks good for now, until I get a response from Smartly

 

[w1rbelw1nd]

You don't find the WHT thing very troubling? That they don't invest based on most tax efficient means?

For myself I think AutoWealth looks good for now, until I get a response from Smartly

 

[potshot]

didn't try smartly because of the fee (1% per year under 10k), I don't have 10k so didn't think about it

i invested some into stashaway, gain a $5 after a week (was $8 but it drop)

 

[ceciltan]

Into stashaway and smartly at the same time. Only putting 300 monthly into each. I just look upon it as some side saving. Majority of my money still into SGX reits and business trust.

 

[lalaisgongon]

You can buy fractional shares, and if you are a small investor it might be cheaper to do it through stashaway.

Also they are selling this idea that the back-tested algorithm behind is smart enough to weight the asset classes based on economic conditions so that it earns a better risk adjusted return.

Isnt there a risk of back-tested algorithm?

For example in the case of LTCM?

 

[swalk21]

The most ideal is sgd etf since we are in sg

I hope they use etfs from tax reduction countries instead of directly from us etf