StashAway Simple

[rottingapple]

where to put spare cash now?

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT

 

[reddevil0728]

2% is machiam fixed deposit rate for last time. Since they are risk adverse why they not scare of inflation rate eroding their cash value at 2 or 3% yearly?

Cause too deep for them

 

[gld998]

where to put spare cash now?

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT

pls go buy tesla n apple stocks. Fed printing u dont want go collect?

 

[s0crates]

Any of you get the full 1.9% from stashaway? I only got around 1.7% on a time weighted basis. Stashaway seems to be implying that we are entitled to rebates that they give so that overall it's 1.9%



https://seedly.sg/questions/stashaw...ll-endowus-be-lowering-its-rates-anytime-soon

 

[Shutterfly]

Anyone still using this? Is the return growing painfully slow compared to the earlier days?

 

[dappermen]

sold le , the moment they announced the drop to 1.4%!
i m sorry to say and conclude (started on the day when they created "Simple"): they strictly ONLY keep to the figure of what they stated on their site!

 

[IronMan123]

Do we need to keep some money inside or can withdraw all amount and leave it?

Posted with iPhone HardwareZone Forums app

 

[Shutterfly]

Do we need to keep some money inside or can withdraw all amount and leave it?

Posted with iPhone HardwareZone Forums app

Can withdraw all. No minimum sum needed to keep the account.

 

[haikallp]

Ugh. Projected returns drop again. Now to 1.2%. Contemplating on transferring over to Syfe Cash+.

 

[dappermen]

Ugh. Projected returns drop again. Now to 1.2%. Contemplating on transferring over to Syfe Cash+.

Dont wait any further before syfe too, might .....

 

[Nefalrin]

If I invested on 10 October yesterday, when will I see my interest coming in ?
Will I see the lump interest on 1st of Nov instead and not daily ?

 

[Zapper1819]

Changing n charging for the StashAway simple?

We have an important update to share about your StashAway Simple™ portfolio.​

We’ve always believed in being transparent with you about our fees, so we wanted to inform you in advance that we’ll be updating the pricing structure of our Simple portfolios. Starting from 1 July 2023, the management fee for Simple and Simple Plus will be 0.15% p.a. and 0.2% p.a. respectively. The advertised rate will always be net of fees. Our priority has always been to bring you innovative investment solutions and competitive rates. With this as our north star, we launched Simple in 2019 to make growing your cash as easy as possible. Cash management solutions were still largely unheard of among retail investors back then – and I’m proud to see how much this has changed. At the same time, we recognise that our clients’ needs are evolving. To ensure that we’re still supporting you at every stage of your financial journey, we’ve been reviewing how we can continue delivering a comprehensive suite of investment tools. That’s why we’re expanding the Simple suite to bring you a brand-new cash​

 

[sohguanh]

Changing n charging for the StashAway simple?

We have an important update to share about your StashAway Simple™ portfolio.​

We’ve always believed in being transparent with you about our fees, so we wanted to inform you in advance that we’ll be updating the pricing structure of our Simple portfolios. Starting from 1 July 2023, the management fee for Simple and Simple Plus will be 0.15% p.a. and 0.2% p.a. respectively. The advertised rate will always be net of fees. Our priority has always been to bring you innovative investment solutions and competitive rates. With this as our north star, we launched Simple in 2019 to make growing your cash as easy as possible. Cash management solutions were still largely unheard of among retail investors back then – and I’m proud to see how much this has changed. At the same time, we recognise that our clients’ needs are evolving. To ensure that we’re still supporting you at every stage of your financial journey, we’ve been reviewing how we can continue delivering a comprehensive suite of investment tools. That’s why we’re expanding the Simple suite to bring you a brand-new cash​

Write long essay just to tell you increase fees is it? Why can't they be more direct instead of giving a long speech? Make customer feel better?

 

[reddevil0728]

Write long essay just to tell you increase fees is it? Why can't they be more direct instead of giving a long speech? Make customer feel better?

can you suggest what's more direct?

 

[Zapper1819]

can you suggest what's more direct?

We r charging u fees for stashsimple. Simple and direct.

 

[reddevil0728]

We r charging u fees for stashsimple. Simple and direct.

That’s not how business communication works unfortunately.

 

[demoforce1]

Write long essay just to tell you increase fees is it? Why can't they be more direct instead of giving a long speech? Make customer feel better?

to be looks professional

 

[GrandJedi]

I am considering moving all my stashaway simple into tiger cash fund. from what I can see they are buying similar short term mutual funds. tiger does not charge management fee 0.15% and interest is paid out daily so you can clearly see what the interest rate you are getting. Any views?

 

[gold_eagle36]

pls go buy tesla n apple stocks. Fed printing u dont want go collect?

Good advice looking back