Stashaway discussion thread

[Peasantboy]

Depends on your risk profile and time horizon.

If you can stomach large fluctuations there’s risk profile 30 (highest risk) available

Which portfolio are recommended?
I just started not long, current Core portfolio with 15% risk.

Sent from Xiaomi MI PAD 4 using GAGT

 

[Epish`]

Just opened a account and loaded it with $500. Will see how it goes .

Also just realized there's a referrer link, should have asked folks here first instead of rush to sign up
Either way, i got my own link now. Anyone who is opening an account can message me for both our benefits.

 

[sakuraji]

Anybody can share referral link?

 

[assiak71]

Anybody can share referral link?

Why not syfe?

 

[sakuraji]

Why not syfe?

im using SRS to invest

You can share syfe with me also for future use

 

[Brown24]

Anybody can share referral link?

Hi, already pmed u

 

[xuanweng]

I see my total returns.. in USD is US$98.66.. but in sgd is SG$64.. Anyone know why is the difference so much?

 

[assiak71]

im using SRS to invest

You can share syfe with me also for future use

Syfe replied me srs in a couple of months

 

[Brown24]

I see my total returns.. in USD is US$98.66.. but in sgd is SG$64.. Anyone know why is the difference so much?

Because USD is depreciating against SGD recently. This is the exchange risk when we buy US equity

 

[assiak71]

Because USD is depreciating against SGD recently. This is the exchange risk when we buy US equity

Not forgetting the US bonds

 

[xuanweng]

Because USD is depreciating against SGD recently. This is the exchange risk when we buy US equity

I don't understand leiz.. even if worse case 1usd = 1.3sgd, it will be ard $130sgd.. now $71(they just updated), it's only 55%.. so their conversion fees is 45%?

 

[Brown24]

I don't understand leiz.. even if worse case 1usd = 1.3sgd, it will be ard $130sgd.. now $71(they just updated), it's only 55%.. so their conversion fees is 45%?

This is how it works:
Assume u start invest with SGD5000, the exchange rate was 1.37, so u got USD3649.6 to invest.
This USD3649.6 grow USD100 become USD3749.6 (USD100 gain).

Now USD3749.6 convert back to SGD at 1.35, u get SGD5062, that is SGD62 gain (5062-5000).

So yr total gain in USD is 100 (3749-3649) but SGD is 62 (5062-5000). when exchange rate go back to 1.37, u will get back yr SGD137 return.

I tried my best to explain liao. If still can't understand, u need to call Stashaway liao

 

[xuanweng]

This is how it works:
Assume u start invest with SGD5000, the exchange rate was 1.37, so u got USD3649.6 to invest.
This USD3649.6 grow USD100 become USD3749.6 (USD100 gain).

Now USD3749.6 convert back to SGD at 1.35, u get SGD5062, that is SGD62 gain (5062-5000).

So yr total gain in USD is 100 (3749-3649) but SGD is 62 (5062-5000). when exchange rate go back to 1.37, u will get back yr SGD137 return.

I tried my best to explain liao. If still can't understand, u need to call Stashaway liao

Oh.. I understand now.. thanks!! It's value of whole portfolio converted.. so paper profit doesn't matter.. what matters is the current fx..

 

[assiak71]

Any stashaway expert knows whether srs portfolio adds to the total balance for calculation of fee? Or calculated separate from Cash portfolio?

 

[iCuteCube]

Any stashaway expert knows whether srs portfolio adds to the total balance for calculation of fee? Or calculated separate from Cash portfolio?

Wouldn't it be faster if you just ask StashAway directly and contribute back to the forum?

I have both SRS and Cash, but so far i got no sales charge due to referral of each successful investor of $10k, and I had a few referral, thus no charges for many months

From the looks of the statement, looks like cash and SRS are lump together with tiered pricing but do clarify.

 

[assiak71]

Wouldn't it be faster if you just ask StashAway directly and contribute back to the forum?

I have both SRS and Cash, but so far i got no sales charge due to referral of each successful investor of $10k, and I had a few referral, thus no charges for many months

From the looks of the statement, looks like cash and SRS are lump together with tiered pricing but do clarify.

Have already asked but no reply yet so posted here

Referral means totally no fee for X months or no fee for first $Y for the X months?

 

[WoShiPro]

Any stashaway expert knows whether srs portfolio adds to the total balance for calculation of fee? Or calculated separate from Cash portfolio?

Contacted stashaway before. Each referral $10k for 6 months is for total balance (cash + srs) excluding cash management portfolio.

 

[goblinn]

anyone got try withdraw before? hows the process?

 

[tutonic]

anyone got try withdraw before? hows the process?

It'll take 2-3 business day for the money to appear in your account.

 

[tian1031cai]

Have you started investing with StashAway yet? Sign up with my link and we'll both get up to $10,000 SGD managed for free for 6 months! https://www.stashaway.sg/referrals/zhiqinglqm9