Stashaway discussion thread

[KinoChoco]

I put 1200 sgd each into smartly and stashaway

Stashaway is loosing 10 dollars but at one point smartly earned me 10.( It's currently loosing 1.94 SGD) .

This is for the period of two months. Started Nov 7th

Not putting anymore than this

The way I look at it stashaway has quite the heafty comission fee of 0.65 for loosing me 10 dollars.

The smartly 1.94 was their comission fee. So at least smartly went up for a period.

The main purpose of robo investing is ETFs, which are generally for you to do DCA, not one time premium leave there and expect good returns. You're supposedly to invest monthly and for years to get annualized of 4-7%~

 

[match89]

for me I just put a lump sum, and expect it to return 5-12%/annum

The main purpose of robo investing is ETFs, which are generally for you to do DCA, not one time premium leave there and expect good returns. You're supposedly to invest monthly and for years to get annualized of 4-7%~

 

[uthinkubig]

Returns are 0.3% ( SGD ) / 3.2% ( USD) after 3 months. Basically the conversion of SGD to USD when investing and USD to SGD if u are withdrawing is a big drawback to the returns. Unless you can either deposit in pure USD or withdraw in USD.

Hope to see more feedback from you guys who are into this as well.

 

[blurpandasg2014]

Mine is 0.4%/3.1%, also placed for 3mths
On portfolio 13, general investing

If not for the exchange rate, performance is not bad... Although, over the same period, sti chiong even more

 

[duameatball]

Returns are 0.3% ( SGD ) / 3.2% ( USD) after 3 months. Basically the conversion of SGD to USD when investing and USD to SGD if u are withdrawing is a big drawback to the returns. Unless you can either deposit in pure USD or withdraw in USD.

Hope to see more feedback from you guys who are into this as well.

It really depends on the exchange rate at that point of time. My portfolio is also performing poorly under currency conversion due to the high USD when I first started. I am sure this is the case for you too.

So it seems like there's some level of forex investment here for using stashaway.

 

[w1rbelw1nd]

https://www.stashaway.sg/r/cio-insights-2018-outlook

Some sharing/research from stashaway.

 

[blurpandasg2014]

When redeeming stashaway, will we be getting the portfolio returns or total returns? Makes no sense to get total returns since the currency impact should have been factored in during the conversion of sgd to usd

 

[revhappy]

A simple way is to always look at returns in your funding currency. So if you are funding using SGD, then look at the returns in SGD, ignore the returns in USD, it makes no sense.

Sent from Xiaomi REDMI NOTE 4 using GAGT

 

[jumping&hopping]

It really depends on the exchange rate at that point of time. My portfolio is also performing poorly under currency conversion due to the high USD when I first started. I am sure this is the case for you too.

So it seems like there's some level of forex investment here for using stashaway.

I believe in the future, they should incorporate a FX component in the portfolio to hedge away the FX risk since this is clearly a factor that will eat away the returns.
Don't really mind paying an additional 5-10bp for that ease of mind

 

[flyersummer]

https://kpo-and-czm.blogspot.sg/2018/01/automating-capital-growth-through-stashaway.html

 

[final1]

Vested little bit in stashaway and autowealth.
Overall, autowealth is performing slightly better. Both positive returns.

 

[blurpandasg2014]

Seems like stashaway has the worst perform. Smartly also has better performance

 

[limster]

http://ibkram.com/smartbeta

0.08% management, fee, promises full transparency in terms of what the portfolio is buying and selling.

This would be subject to dividend withholding

if Stashaway, Smartly etc are also buying US ETFs subject to dividend withholding, then there is no difference in dividend withholding and IB wins due to lower management costs.

 

[peipei1]

I won't be surprised if these smaller players just white-label from IB!

 

[smoothtalker]

http://ibkram.com/smartbeta

0.08% management, fee, promises full transparency in terms of what the portfolio is buying and selling.

This would be subject to dividend withholding

if Stashaway, Smartly etc are also buying US ETFs subject to dividend withholding, then there is no difference in dividend withholding and IB wins due to lower management costs.

can open account meh? this one need US citizenship

"Currently only US residents can open IB Asset Management accounts."

 

[limster]

can open account meh? this one need US citizenship

"Currently only US residents can open IB Asset Management accounts."

wow the fine print only appears when you try to apply for account. oh well, then have to look at UK-listed investment trusts

 

[revhappy]

Hi Guys, how is your roboadvisor performing in this turmoil? I read that most of them have moved to gold and bonds.

Sent from Xiaomi REDMI NOTE 4 using GAGT

 

[wuming79]

Is this legit investment??

 

[zkwonz]

If anyone needs a referral code, let me know? I can share my referral link so that we each get up to $10k managed for free for 6 months..

 

[wuming79]

If anyone needs a referral code, let me know? I can share my referral link so that we each get up to $10k managed for free for 6 months..

Self opened liao, code still works? I didn't see the part where they ask about referral code.