Anonymous

22 May 2020

∙

I already have a "general investing" portfolio with SRI 16% and an "income" portfolio with SRI 12%. Should I also use Stashaway Simple with non-guaranteed returns of 1.9%?

Reason being the drop in interest rate of high savings accounts like DBS Multiplier, OCBC 360 and UOB One. Or should I stick with these savings account since there is no risk involved.

OCBC 360 Account UOB One Account StashAway DBS/POSB Multiplier Account

2

Discussion (2)

What are your thoughts?

Learn how to style your text

Cryotosensei

22 May 2020

Blogger at diaperfinancingfund.blogspot.com

Why not consider Singlife? Here’s a comprehensive article comparing StashAway Simple, Singlife, SSBs & Etiqa product:

http://thefinance.sg/2020/05/22/stashaway-simpl...

Hope this helps

Reply

Save

Wrong Sean

22 May 2020

Depends on how liquid you want your money to be.
The last time I tried StashAway Simple, there was a lag time of a few business days before I can get my money out.

Otherwise you can funnel your investment amount into StashAway Simple as a holding area to earn some interest before transferring into your other portfolios.

Reply

Save

Write your thoughts

Related Posts

How long I should keep my money in StashAway and StashAway Simple? After hearing good reviews on StashAway, I put 1k each into General Investing, Income, and then lastly StashAway Simple, not knowing what are they actually. Any advice?

Hello all, I'm looking to invest either using Syfe or Stashaway on their ETFs portfolio. Will like to seek comments especially from users on their currently portfolio returns + any up/downside?

Should I further diversify and start investing in Syfe Equity100 if I am already investing in STI ETF, 2 ARK ETFs and 2 Stashaway portfolios (12% & 36%)? How should I best allocate $1000 monthly?

Comparing Stashaway (16%) and Syfe Global Portfolio (15%) and their investment strategies, how do you feel about this difference and their effectiveness in managing risk and delivering returns, beyond the template answer of how ERAA / ARI works?

What is the difference between the stashaway simple account (1.9%) and the general investing (high risk) at 36% risk index? Which platform would be better for me to park a lump sum of money at?

Related Products

DBS/POSB Multiplier Account

4.4

321 Reviews

Up to 4.10% p.a.

INTEREST RATES

$0

MIN. INITIAL DEPOSIT

$0

MIN. AVG DAILY BALANCE

OCBC 360 Account

4.3

202 Reviews

StashAway

4.7

1293 Reviews

Related Posts

How long I should keep my money in StashAway and StashAway Simple? After hearing good reviews on StashAway, I put 1k each into General Investing, Income, and then lastly StashAway Simple, not knowing what are they actually. Any advice?

Hello all, I'm looking to invest either using Syfe or Stashaway on their ETFs portfolio. Will like to seek comments especially from users on their currently portfolio returns + any up/downside?

Should I further diversify and start investing in Syfe Equity100 if I am already investing in STI ETF, 2 ARK ETFs and 2 Stashaway portfolios (12% & 36%)? How should I best allocate $1000 monthly?

Comparing Stashaway (16%) and Syfe Global Portfolio (15%) and their investment strategies, how do you feel about this difference and their effectiveness in managing risk and delivering returns, beyond the template answer of how ERAA / ARI works?

What is the difference between the stashaway simple account (1.9%) and the general investing (high risk) at 36% risk index? Which platform would be better for me to park a lump sum of money at?