Stashaway discussion thread

[tutonic]

what do you mean by this ? they already deduct the 30% from the dividends ?

They manage to get back a portion of the 30% withheld.

 

[turnaround]

i lose $14 from stashaway 22% risk investing. i transferred it to stashaway simple right away. investing noob here.

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT

You know the purpose of dca across long time period or not? If not then i don't recommend you use stashaway. Who in their right mind is going to pull their investments because of a $14 paper loss...

 

[Project_Xco]

They manage to get back a portion of the 30% withheld.

what is it reflected as on the statement?

 

[tutonic]

what is it reflected as on the statement?

Under transactions, for each portfolio where it's applicable, there will be a "Withholding tax reimbursed" entry with the associated value and breakdown for each ETF.

 

[undergrd]

You all shld also receive an email from stashaway on this withholding tax thingy.

 

[Laujiawen]

Hi all, need a little help.

I’m debating between opening pruwealth or investing via roboadvisor as I have no knowledge on investing at all. If invest, I’m thinking of investing $400-$500/mth. Any advice Syfe or Stashaway? I still have a good impression w stashaway but I heard Syfe has higher rate and cheaper in management fee

 

[undergrd]

Roboadvisor ftw! I started off w Stashaway and no regrets.

Hi all, need a little help.

I’m debating between opening pruwealth or investing via roboadvisor as I have no knowledge on investing at all. If invest, I’m thinking of investing $400-$500/mth. Any advice Syfe or Stashaway? I still have a good impression w stashaway but I heard Syfe has higher rate and cheaper in management fee

 

[Laujiawen]

Roboadvisor ftw! I started off w Stashaway and no regrets.

What’s your risk index and returns like, and if possible, if you don’t mind sharing how much you invest per mth?

 

[leo921]

Does stashaway payout dividends?

 

[tutonic]

Does stashaway payout dividends?

For the US portfolio, I don't think so. It'll get re-invested. For the local portfolio, if you hold above 10k, you can select the option to payout dividend instead of re-investing.

 

[undergrd]

I'm on the 30% risk. As of now between 9-10% return. I invest $300 per mth. Sometimes more if there is a dip in the mkt.

What’s your risk index and returns like, and if possible, if you don’t mind sharing how much you invest per mth?

 

[xuanweng]

i lose $14 from stashaway 22% risk investing. i transferred it to stashaway simple right away. investing noob here.

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT

I "lost" around $800 during the March low.. now all recovered back with ard $400+ profits.. DCA dont scared.. Think long term..

Previously I put DCA twice a month, $500 each time.. Now I try $50 per working day.. will end up ~$1000 per month as well.. lets see how it goes..

 

[turnaround]

I "lost" around $800 during the March low.. now all recovered back with ard $400+ profits.. DCA dont scared.. Think long term..

Previously I put DCA twice a month, $500 each time.. Now I try $50 per working day.. will end up ~$1000 per month as well.. lets see how it goes..

They have daily top up option meh. Thought it's only monthly or every 2 weeks

 

[edmwing]

I am on max risk (36%) as I find this suits my risk appetite more. Used to have lower risk accounts but did not find the fluctuations exciting enough

 

[xuanweng]

They have daily top up option meh. Thought it's only monthly or every 2 weeks

Manually transfer from ur bank account.. like 5 mins work only..

If you use OCBC, just set recurring to weekly, and have 5 recurrings, 1 for each day of the week..

 

[raylite]

Just to share my experience here. Been using stashaway for 3years and I only start recommending to my friends after 2yrs because of how I see stashaway stability and performance.

Whenever there's a dip in your portfolio, don't be scared but be happy instead. Add in more regularly if you have spare cash. DCA is the safest option using stashaway. I'm up 17% after 3yrs which I am very satisfied.

Treat it as a long term saving account so you won't be so gan chiong.

For anyone new looking to join. Feel free to use my referral link: https://www.stashaway.sg/referrals/waileoncd4b

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%?

 

[Laujiawen]

I'm on the 30% risk. As of now between 9-10% return. I invest $300 per mth. Sometimes more if there is a dip in the mkt.

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

 

[Joseph99]

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?

 

[Project_Xco]

Manually transfer from ur bank account.. like 5 mins work only..

If you use OCBC, just set recurring to weekly, and have 5 recurrings, 1 for each day of the week..

For each (recurring) weekly deposit, do you have to go to the portfolio and manually key in the amount to deposit? I wonder what happens if we transfer to SA without doing this.

 

[xuanweng]

For each (recurring) weekly deposit, do you have to go to the portfolio and manually key in the amount to deposit? I wonder what happens if we transfer to SA without doing this.

No ar.. you setup monthly deposit, i put 1k la.. i will edit to mayb 2k for this month onwards, such that every single cent that is transferred to SA for the month is into this portfolio..

Got once I nv put.. they called me.. haha.. Remember to put your account number in transfer comments..