Stashaway discussion thread

[Velton]

I am.
using to park money for potential higher interests while slowly DCA into main account.

Thank you!

Sent from Apollo 13 using GAGT

 

[undergrd]

I tot Singlife is not guaranteed?

Lol the Stashaway Simple I/r dropping - heard they been providing rebates to maintain the 1.9% for some time?


Thinking if I should switch over to Elastiq? - have maxed our Dash Etiqa and SingLife

Also am wondering how do Singlife and Etiqa maintain these higher guaranteed interest rate?

 

[MrRainbow]

Do you transfer USD directly into StashAway?

Or SGD and let StashAway do the FX conversion?

Well, it wasn’t a bad move after all, within the last couple months, my stashaway returns gapped up significantly after their reoptimization.

If anyone keen in it, do PM me for referral code so we both get reduced fees

 

[tutonic]

Do you transfer USD directly into StashAway?

Or SGD and let StashAway do the FX conversion?

That huge difference in returns is because he pumped in a higher amount than usual when everything was down. Look at how much the teal coloured line rose in that period, compared to the relatively similar slope elsewhere.

USD appreciated only in mid to late March, so he earned there too when he pumped in in early March.

 

[MrRainbow]

Thanks, my question is: in general, which is the most cost efficient way of converting SGD to USD?

To use DBS or let the robos do the FX conversion for me?

That huge difference in returns is because he pumped in a higher amount than usual when everything was down. Look at how much the teal coloured line rose in that period, compared to the relatively similar slope elsewhere.

USD appreciated only in mid to late March, so he earned there too when he pumped in in early March.

 

[s0crates]

Just use interactive brokers?

I heard endowus offers USD funds as well for their HNW clients. Can check with them.

Thanks, my question is: in general, which is the most cost efficient way of converting SGD to USD?

To use DBS or let the robos do the FX conversion for me?

 

[tesarise]

Thanks, my question is: in general, which is the most cost efficient way of converting SGD to USD?

To use DBS or let the robos do the FX conversion for me?

If the choice is between DBS and robos, I would say robo. DBS FX rate not fantastic

 

[tutonic]

Yeah, robo FX rate usually very close to market rate.

 

[MrRainbow]

Negative returns, risk profile at 22%. This is my first month in.

Anyone else get profits?

 

[ai.Python]

Negative returns, risk profile at 22%. This is my first month in.

Anyone else get profits?

this month market dip. best to judge with a longer time frame

Sent from sungei buloh using GAGT

 

[vbhelper]

I also in red since I joined few mths back

 

[Fizzical]

Be prepared to go down this week...

 

[MrRainbow]

Sian...u still continue to dca?

I also in red since I joined few mths back

 

[tutonic]

I went in close to a year ago, after this week's dip, I'm at about 8-9% return time-weighted return; money weighted return not really useful since most of us increased contribution during the crash in March, so money-weighted return really inflated. Just poured in a couple hundred bucks couple hours ago, hoping to get in during the fall when markets open tomorrow.

 

[roonnie]

thanks for sharing the info
i suppose one of the keys to investment is using cost averaging over longer time frame

 

[roonnie]

funds safety with stashaway

i am new to stashsaway
does anyone know if our funds with stashaway is held under separate custodian account ?

 

[undergrd]

If i recall correctly, shld be held under Saxo Capital.

i am new to stashsaway
does anyone know if our funds with stashaway is held under separate custodian account ?

 

[Mulyc4Prez]

If i recall correctly, shld be held under Saxo Capital.

Yes That’s what I understand too. Thinking of opening an account with Stashaway as well.

 

[Project_Xco]

Yes That’s what I understand too. Thinking of opening an account with Stashaway as well.

so what's the hold up?

 

[Mulyc4Prez]

so what's the hold up?

Still comparing between them, Autowealth, Endowus and Syfe. Any opinions?

Also feel like current market is very topping and could get quite volatile during US elections in a few weeks’ time, so hum ji held back abit.