facebookStashAway vs Syfe? Should I focus on one or diversify between 2 in my situation? - Seedly

Anonymous

08 Jun 2021

Robo-Advisors

StashAway vs Syfe? Should I focus on one or diversify between 2 in my situation?

Total beginner here.

I invested in both robo-advisors 1 day apart but different amounts. In current situation, my Syfe is doing better than StashAway because at least my returns so far is still positive (got earnings).

For reference, I invested one-time $5k in StashAway and only $500 in syfe but planned to have monthly deposit. Am I still right to say Syfe is doing better?

Should I withdraw money from StashAway and put into Syfe, or just leave it as it is and increase amount in Syfe?

Post Merged

This post is no longer accepting new comments because it has been merged with Syfe or Stashaway for first time investor and why?

Discussion (2)

Eliezer

24 Mar 2020

Content & Community Lead at Syfe

Hi there! I believe you'd find that your Syfe portfolio has been largely cushioned from the impact of the market drop. This resilience can be attributed to your portfolio being well diversified, and your portfolio risk being judiciously managed by our ARI algorithm: https://www.syfe.com/magazine/the-power-of-a-ri...

You can also read more about Syfe's differentiating factors here: https://seedly.sg/questions/is-syfe-good-how-do...

If you are planning to invest for the long term, it may be a good opportunity now to consider deploying a dollar cost averaging strategy to take advantage of the current market. Our financial advisors can provide more personalised advice - please feel free to schedule a chat with them here! https://www.syfe.com/financial-advisors​​​

Matthew Tan

23 Mar 2020

Undergraduate at NTU

I believe you should be looking at time weighted returns.

https://www.syfe.com/magazine/how-does-syfe-cal...

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