Is StashAway a good app for beginners new to investment?

There's a ton of other options, because if you're looking at long term results across a portfolio that is going for 20 years or longer, many things beat Stashaway. The SNP500 alone.

QQQ Index.

Emerging Market Index. Or if you wanted significantly higher alpha, active funds that outperform the strongest index in the world by 4 percentage points net of fees.

Some people would take two approaches to Robos

1) Trading regularly

2) 5 - 10 year approach, which is optimal because you get a very sweet risk-adjusted return. At some point in 2018, it's risk-adjusted return was so much better that I had to refer a client to it compared to my own product. So I don't look down on it, but I'm doubtful whether it's the best instrument for your situation.

If you insist on looking at Robos or ETFs that it comes with, I'd still go with Stash compared to the SNP500 immediately - because I've written extensively on it and you can see that it has drops as high as 89%. Yes. I'm not kidding. So it can be a bit hard for a newbie to stomach if it happens to you immediately, compared to the asset allocation that Stash will do for you. I also think that Stashaway, although it may not be as fee friendly as say, Autowealth - is better. The CIO just seems like quite a visionary. But please, don't take any of this as formal advice. Do get it from a professional. That's what it always boils down to anyway - because no one who's giving you advice here will take responsibility for what happens except a professional. https://www.facebook.com/luke.ho.54

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I think it can be a good way to start.

And Stashaway do provide some free seminars that you can attend.

Despite that its a passive investment, I would suggest ppl to understand the underlying ETF that they are buying, at least you know what you are doing and what they are doing.

StashAway is good for beginners like myself to actually get started and be exposed to investing. It was super easy to sign up and the app makes it so much more convenient to monitor my portfolio. You just need to decide your risk appetite and put in money to start earning some passive $. However, so far, the returns haven't been super great. So you might want to consider other robo-advisors (https://blog.seedly.sg/singapore-robo-advisor-i...) which suit you more.

But that being said, I wouldn't say that my knowledge about investment has improved since I started StashAway. Because I wasn't actively trying to understand how the different mechanisms work since everything is being automated for me. I still find that books or online courses might be a better way for you to start learning how to invest.