Advertisement

Kenny Lee

25 Dec 2020

∙

With all the robo advisors out there now, is Stashaway with its higher fees still worth it?

Lately moneyowl introduced their promotional rate of zero fees for the first $10,000 of their portfolio. That’s significantly better than stashaway, and the tiered structure or 0.6 or 0.5% p.a. Is better than stashaway where your first 25k is always charged 0.8%. Wonder if it’s still wor5 investin with them long term? My profits are decent so far, just want to minimise fees.

StashAway MoneyOwl

3

Discussion (3)

What are your thoughts?

Learn how to style your text

myfinancemarathon

25 Dec 2020

Hi Kenny, I have invested in 3 Robo-advisors, namely StashAway, DBS Digiportfolio, and Syfe. Currently, all of them are giving almost similar returns. You can take a look at the breakdown here.

Reply

Save

CH

24 Dec 2020

First, disclaimer: i have my biasness against moneyowl (or rather with its director Christopher tan and its agents)

i have portfolios with stashaway, and other robos (not moneyowl). each has it own set of fees. but besides the fees, i also look at the underlying, their investment methodology, ease of investment.

i believe every robos has its own merits and problems. so i picked those which i believe suits my own investment thesis.

Reply

Save

Jiayee

24 Dec 2020

Salaryman at some company

If you believe in their investment strategy and can confirm that it's more expensive to replicate it...

Write your thoughts

Related Posts

Given higher management fee compared to other robo-advisors, is StashAway still worthwhile to use after the free management fee period is over?

With the economy is going up, is it still worth to invest in robo-advisor? If so, which robo still worth to invest now?

Since there are robo-advisors now, why do people still go with fund managers or brokers? Isn't the fee much lower for robo-advisors?

Who pays for the spread and expense ratio if you invest in robo advisors like Stashaway? I understand they charge a 0.5% management fee, are there hidden costs like the spread and expense ratio that Stashaway is not making clear to investors?

So much modern advice recommend ETF investing and multiple other robo advisors pick the ETF route. Why has Endowus chosen the mutual funds route that typically has higher management fees than ETFs?

Related Products

StashAway

4.7

1293 Reviews

StashAway Simple Guaranteed 3.55% p.a. (Guaranteed rate)

Cash Management

INSTRUMENTS

None

ANNUAL MANAGEMENT FEE

None

MINIMUM INVESTMENT

3.5%

EXPECTED ANNUAL RETURN

Mobile App

PLATFORMS

MoneyOwl

4.6

47 Reviews

Endowus

4.7

658 Reviews

Related Posts

Given higher management fee compared to other robo-advisors, is StashAway still worthwhile to use after the free management fee period is over?

With the economy is going up, is it still worth to invest in robo-advisor? If so, which robo still worth to invest now?

Since there are robo-advisors now, why do people still go with fund managers or brokers? Isn't the fee much lower for robo-advisors?

Who pays for the spread and expense ratio if you invest in robo advisors like Stashaway? I understand they charge a 0.5% management fee, are there hidden costs like the spread and expense ratio that Stashaway is not making clear to investors?

So much modern advice recommend ETF investing and multiple other robo advisors pick the ETF route. Why has Endowus chosen the mutual funds route that typically has higher management fees than ETFs?

Advertisement