Robo-Advisors - Seedly
Seedly logo
 

Robo-Advisors

Invest in low cost diversified ETFs

Questions answered
  • Recent Activity
  • Unanswered
  • Trending

Robo-Advisors

Investments

Would you invest large sums of money on Stashaway (or any roboadvisor)? Do you have a maximum amount you would trust them with?
L
Leroy
Level 3. Wonderkid
Updated 2w ago
In the case of a insolvency, firms that co-mingle funds/assets will need take an extra processes and time before client can have their money back. Such as Smartly, StashAway, Syfe, Kristal. Whereas firms that legally open a custodian account under your name, and with assets bought under your name are straightforward. So one could have their money back relatively earlier without “grey” areas. Such as AutoWealth, EndowUs, MoneyOwl. When insolvency occurs, MoneyOwl offers to transfer assets to another custodian of ones choice. Similarly, EndowUs stated their clients can decide when to sell even if their firm ceases to operate. That is to say your assets are still “in the market” even if the firms closes down. I’m unsure of AutoWealth’s offering, but I reckon it to be similar. Any company can defend and promote ones “robust” security of clients funds by having licenses. In the end, what matters is do you OWN those assets? It makes a lot of difference, psychologically and monetarily. And yes I do invest entire portfolio in robo-firms, whereby I own those assets, and know what would happen in the worst case scenario.
👍 5

Investments

Stocks Discussion

Robo-Advisors

How do I manage high transactional cost when investing in a roboadvisor?
Tinexxxx
Tinexxxx
Level 4. Prodigy
Answered 28m ago
I think you can try using local Robo Advisors, the management fees are not as high!! I personally used StashAway & Syfe! +ve returns now! For StashAway, if you want the referral code : https://www.stashaway.sg/referrals/chinjiacg5 (( You can get your funds managed for free for 6months )) For Syfe, referral code : SRPRHTE73 & currently got promo code for this “BIRTHDAY” because they are running some birthday promotions so you can get some $ back when you invest in them. :)
👍 0

Investments

StashAway

Syfe

Robo-Advisors

Online Brokerages

For Syfe & Stashaway, are the returns shown on the app net of the fees charged?
Brandon Lim
Brandon Lim
Level 5. Genius
Answered 9h ago
Yup!
👍 2

StashAway

Investments

Robo-Advisors

Hi, if I'm a new investor to Stashaway and I use a referral code, I'll enjoy 0 fees for 1st 6 months. Is that correct?
FC
Fish Chen
Level 3. Wonderkid
Answered 2w ago
From my experience, yes that is correct! As long as you put in less than 10k with them Source: been an investor with them for 3+ years, have put in less than10k with them and haven't accrued fees (as of yet)
👍 1

Investments

Robo-Advisors

Syfe

StashAway

Which Robo advisor should I use? Syfe or Stashaway? And why?
Personally tried both Syfe and Stashaway.You can check out an article I wrote here comparing the 2 robos. If you want an honest opinion, here it is: In terms of fees, Syfe will be CHEAPER if you have less than 20k to invest. Stashaway fees are stuck at 0.8% until you invest more than 25k. Even so it will be 0.7% (excluding ETF expense ratio) So if you are a beginner with only a few hundred or few thousands to invest, Syfe will be the cheaper option. In terms of returns, I have an excel sheet of the returns from Stashaway's every risk index and on average it is around 7% returns YTD. As for Syfe, if you invest into Global ARI, you are going to get similar returns as Stashaway since both utilises a downside risk protection method to hedge against risk. It's pretty much plain vanilla "Modern Portfolio Theory" at play, so returns won't be the best(compared to full equities) but you won't crash like mad like the stock market (But you will still crash just not as much) If you invest into Syfe Equity100, you will be sitting on 15% YTD if this portfolio started in Janurary, but of course the caveat here is you will be feeling the price fluctuations from the stock market due to systematic risk of equities. So it is a matter of how much risk you are willing to take and how long your time horizon is. If you want high returns you have to forgo some safety, and if you want safety you have to forgo higher returns potential. It's really give or take. But in essence, if you can withstand risk and treat it as a form of "forced savings" for 10 years, picking something that has a higher weightage of EQUITIES will give you the highest return, because stocks uptrends in the long run and will absolutely destroy any other asset class if you hold it long enough. So my question to you is: Do you know your time horizon? What is your investment goal? Answering this will allow you to decide which portfolio is most suitable for you. For me it's simple, since my time horizon is long term (10 years )and being a 21 years old, Syfe Equity100 will make the most sense since it will give you the highest risk adjusted returns. This ain't rocket science, because a 100% equities portfolio will ALWAYS beat a diversified asset class portfolio (stock/bonds/commodities etc) in the LONG RUN. If you wish to find out more, you can click on my link and my review of Syfe here and the newly launched Equity100 here.
👍 7

Investments

FSMOne Fundsupermart

Syfe

Robo-Advisors

Online Brokerages

Which is more cost efficient or rather cheaper? RSP via FSMone or RSP via Syfe equity100?
S
Syth
Level 3. Wonderkid
Answered 4d ago
Depends on your capital/dca sum, generally the higher the sum is, the more expensive robo-advisors become. But it also depends on how many funds are u looking at. Generally, you dont get to choose the funds by robo-advisors.
👍 2

Investments

Robo-Advisors

Anyone tried withdrawing money in StashAway? Is there any fees? How long does it take to receive the money in the bank?
Andy Chan
Andy Chan
Level 4. Prodigy
Answered 3h ago
No fees. Takes a few working days - 3 to 5 business days if I recall correctly.
👍 0

Investments

Robo-Advisors

StashAway

Hi, wondering if anyone can share your experience with Stashaway's 36% risk index portfolio and whether it is good to start with for one who is debt-free, willing to take risk and has a stable income?
Good platform to DCA into. Lump sum investing, Vanguad's ETF is superior. Great for trouble free, auto-balanced portfolio management. Set and forget type of strategy.
👍 0

Syfe

Investments

Robo-Advisors

Which Syfe portfolio to choose and invest?
Gordon Lim
Gordon Lim
Level 5. Genius
Answered 12h ago
I think the portfolios have very obvious different objectives leh. What’s your time horizon? If you can go beyond 10 years. Look at their equity100 portfolio. Anything below, perhaps look at their GlobalARI which allows you to set your downside risk and change up your composition of bonds and equities. If you want dividend investing: Getting dividends quarterly with some capital appreciation, you can look at the REIT+ portfolio. I feel this one should be minimum 5 years. Though longer of course is better. And just to set expectations: if you are looking for bigger returns then be prepared to take bigger risks. This also entails more volatility which you must be able to stomach and not sell out early.
👍 2

StashAway

Investments

Savings

Robo-Advisors

Online Brokerages

What if StashAway closes? Will I get my money back?
ATJY
ATJY
Level 5. Genius
Answered 1d ago
Based on what happened to Smartly, I believe that Stashaway will first notify MAS then liquidate your holdings and you'll receive the proceeds in your bank account thereafter. Stashaway recently completed their Series B fundraising round of US$12M in Jul 2019 for product development and expansion into the APAC region. Moreover, they've been through a few market corrections since then and have also outperformed respective indexes. I would say the probability of Stashaway closing down is fairly low.
👍 1
Load more questions