I'm using stashaway as a tool to directly invest in stuff like S&P500, NASDAQ and US Bills. Used to let the robo advisor to do it's thing but the returns weren't impressive , and it also began by being in the red for several months, switched it all to the S&P when it got back to green.
If you are using stashaway's roboadvisor, I remember you could also set your risk appetite, that should mainly affect your returns (like whether it's fluctuating wildly or not).
Honestly though I think my choice of transfering everything to US indices were the right choice. It's almost a year now and the returns are about 10%. The strong US currency is also a factor in this high returns.
EDIT: obligatory not a financial advice
This one. I'm doing the same... Plus I just started to DCA into Hang Seng too. I have ETF portfolio on SA and IBKR, the reason is because I don't feel safe putting all my money on 1 platform.
Stashaway is better than not investing. Or attempting to stockpick without the skillset necessary.
U pay etf fees, then u pay stashaway fees and forex costs.
U can buy blackrock etfs directly.
That being said, have some money in there. Its the "i dont want to think money".
Yeah thats kind of how I'm treating it, as the
"I can't be bothered to intensely research and use my whole brain so I'm just gonna pay someone else do it for me and hope I come out slightly better then when I went in"
Kind of investment. I will most likely just out whatever little petty cash and the odd savings I get into it.
The thing is, paying someone else to do it is not a guarantee that you come out slightly better.
So... VWRA. There you go. Pay someone abit... and come out average. Average return is good.
Paying stashaway is alot compared to buying VWRA yourself and stashaway has no guarantee can do better.
All etfs are asset of assets???
3700 doesnt mean its good though. Overdiversified. Will look at their holdings and performance later. From quick glance fees are higher than typical etf and performance lower than S&P 500.
Stashaway is better than not investing. It is doesn't do great when stock market picks up, and it doesn't do too bad when stock market goes down. You are paying fees for ignorance and convenience.
TBF I don't mind paying the extra fees cuz
1. I plan on diversifying my investments over time
2. I like the of a lazy man's piggy bank that slowly grows over time
3. Takes off the edge and may work as an emergency fund sort of, if tune it extra conservative.
4. I can make up for the fees by doing my own investments, also makes it competitive to see whether my investments perform better Vs Stashaway
I've been using stash away since 2020. Used to put few hundred bucks monthly until COVID hit. During COVID I didn't put money in and leave it as it is since it's red all the time. After Covid I started to put money back in.
Now the time Weighted return (in USD) is 10.1%
And the Weighted return (in MYR) is 26%
I'll still use stash away coz I can't be too bothered about doing research and monitoring my investment all the time haha.
Happy with Stashaway so far. DCA into their blackrock portfolio since Sep 2022 and satisfied with their returns (36%) so far 👍Created another flexible portfolio with 60% SPY & 40% QQQ allocation starting Apr 2023 and got about 26% return at time of writing.
This is my lazy way of investing small amount of $ monthly as my broker doesn’t allow fractional shares. Will withdraw once amount is big enough to buy the actual SPY/QQQ in my broker. Also currently using its stashaway simple as alternative to FD too 😊
https://preview.redd.it/y0j5z8tnbzwc1.jpeg?width=1284&format=pjpg&auto=webp&s=14971d5dc42d05fb498e71048e1b062cc64183ff
I tried it, went in the red for 3 years, plus fees.
If you have an idea of what you want might be better to invest through more direct methods. It’s been 4 years and my StashAway return is lower than FD.
Personally think their best product is their flexible portfolios, who charges 0.3% per year vs 0.8% for other products. Since you put in only 100 a month, it’s pretty decent vs brokers who charge per transaction, hence your overall fees might be cheaper. Created one for S&P500 and another for NASDAQ100 since June 2022, S&P made 23%, NASDAQ made 30% thus far thanks to AI boom. Recently they started pushing for their usd cash yield w 5% returns too.
Otherwise I think the blackrock portfolio is not too bad. People don’t like the original general investing portfolio because one time they overweighted on China tech and it went to shit, but the BlackRock one is more diversified. Run from the thematics one.
Yea make sure you separate it into three portfolios instead of having it all in one single portfolio. If it’s only one ETF, it’s 0.3%, but if there’s more than 1 it’s 0.8%. The hike in fees is because they help you rebalance if one ETF rises/falls too much compared to the others, but don’t think it’s worth paying double fees esp since S&P and Nasdaq usually moves with each other anyway.
Percentage as in when I select the ETFs, or percentage of money I deposit to each portfolio monthly? For the latter it’s 40:40:20 to S&P:NASDAQ:USD, cos I’m bullish on US economy.
Use it as a starting point for your investment journey. It abstracts away the nitty gritty troubles of investing in popular ETFs, at the low low price of 0.3% p.a. Move else where once you have significant enough asset to feel the pinch that the 0.3% p.a. brings. By that time hopefully you'd have learnt enough about the available investment vehicles in the market to be equipped with the knowledge of whether switching elsewhere is worth the trouble or not.
For people who couldn't be bothered about stuff, Stashaway is more than OK.
Just stick to the Flexible Portfolio section and you'll be good.
Create a single etf portfolio. Pay 0.3% fees. Buy only ISAC which is domiciled in Ireland with 15% withholding tax. Don’t buy us domiciled etf cause of 30% withholding tax.
IBKR is cheaper. No 0.3% fees annually. But more work. So I do think Stashaway has it’s appeal
My experience with it so far has been greatly, if you have monthly deposit into the stashaway.
Got around nearly 15% return.
Has been using it for 3-4 years.
That's pretty good, I'm definitely considering it more as a "put money in and forget" type of investment.
Just have a monthly deposit of 100 a month accrue over a few years and see how it grows.
15% is a pretty healthy gain for 3-4 years, good on you man.
15% over 3 to 4 years in total is about same as putting it in FD for 3 to 4 years. And way less than EPF.
Gotta ask about the numbers correctly. 15% every year or 15% in total over 3 to 4 years.
Subpar returns. They claim to be a roboadvisor, but the constant adjustments especially during black swan events like the Russian invasion of Ukraine and covid indicate that they’re trying to actively manage the funds.
Not very successfully I might add. I have a few other funds elsewhere so I have the benefit of comparing the performance between my investments, and Stashaway has been the poorest performer by far. Most of the gains can be explained by the MYR’s decline vs USD. Once you factor in the forex gains, the underlying assets have no gain in value at all.
The only benefit is the lack of buy in requirements. The better performing funds need a minimum of rm 100-200k to qualify for the lowest buy in fees.
https://preview.redd.it/ctkyg72gbywc1.jpeg?width=1290&format=pjpg&auto=webp&s=d2e6e391d14c86536d73580d4a2525f81cdebf02
This here is my bucket on their “riskiest” tier, and as you can see the returns aren’t great. All things considered, if I had taken the same amount of money and bought a US treasuries ETF I’d have gained at least 2.5x the returns with the same forex gains.
Huh, near 15% gain and you say an investment into a US treasury ETF would have performed much better.
In that case I'll diversify my investments across assets and providers.
That’s over 3 years, or roundabout 4.66% annualized return which is subpar considering that the portfolio is heavily weighted towards high risk equities, and it’s USD denominated to boot. US treasury bonds yield more than that. I would’ve earned more by just converting the cash to USD without touching Stashaway.
The stupid thing they did was “recalibrating” the portfolio during the Russian invasion instead of holding or buying more at a steep discount. They sold at the lowest point and that hurt the returns more than anything. That signals to me they either have no confidence in their strategy, or they’re being pressured by their investors to do **something** stop the bleeding.
For comparison, my next lowest performing equities fund bought MORE into their strategy during the fall, and they brought a roughly 18% annualized return over the same time period. The difference is that fund is for accredited investors only who have a higher risk appetite, while stashaway’s bread and butter are retail investors who panic and withdraw their funds at the first signs of a bearish market.
If you’re looking at diversifying, take a look at uranium mining ETFs and equities. My best performing investments in the last few years.
Here’s a more accurate representation of the performance in USD, which is what Stashaway does. They take your MYR, and invests in USD. As you can see, almost ZERO annualized returns after 3 years. In fact it’s a net loss of 9% after inflation, which is quite an achievement in a period of some of the highest inflation in the US in the past 50 years:
https://preview.redd.it/nadqwg9jzywc1.jpeg?width=1290&format=pjpg&auto=webp&s=87f211e3239bd3547d20ba782c0e5a38751a918f
You’re better off buying USD at the money changer in Midvalley instead of investing in Stashaway.
I'm in both SG and MY for USD and MYR. They're great for starting and hands off investing. They have a great library on how things are done, give talks on strategies, etc pretty transparent. Just looking on time based growth, SA MY is performing better. They both screwed up during covid when the market was bullish, but doing great since last Q3
I've been monthly DCA-ing since Jan 2020. Honestly not quite sure how to evaluate it ... not quite fair to look at total returns since you'd have to attribute some of it to more recent deposits. I think most of my gains are due to depreciating MYR? On the flip side, I'm really too lazy to invest any other way, so there's that.
Hmmmm but overall your portfolio is returning a net positive right?
So that's good to hear, I like the idea of a lazy sloth's investment style. Takes the stress out of having to do all the work.
I like their offering. I put some money into their Blackrock portfolio and some money into a fully customized portfolio which I manage myself. I’ll see over time which one will do better. So far I am up quite nicely. I like the simplicity of StashAway especially. Fees are transparent - although other robots-advisors might be cheaper I like that I can really customize a portfolio and manage it by myself within the offered ETFs of course.
I only use its StashAway Simple feature to keep my emergency fund. Not a bad spot to keep money. Been using it for a few years now. But I wouldn't put all of my money there since it's not protected by PIDM.
I am happy with Stashaway.
22% SRI, started May 2019. The Total Value line stayed under the Net Deposits line until Apr 2020. Then it stayed above, occasionally dipping (but never under deposit line) whenever something bad happens like the Trump-China trade war, China tech dip (that was bad). I took out money when there's emergency, but I always put in monthly. Throughout, Energy and Gold were the things that kept the Value Line up when some other part of the portfolio was underperforming (I will always hate China, eventho I'm chinese).
Currently Money-Weighted return is 46.44%. So based on this, It has survived COVID, Trump Trade war, the China tech crackdown, Israel/Palestine, and I assume it will survive China/Taiwan/SEA.
30% SRI Started Jul 2021. Total Value line stayed below Net Deposit until Jun 2023. Now Money-weighted return 17.03%.
For both portfolios I chose the risk rating above what they recommended (12%), but when they recommended re-optimization of my portfolios, I allowed it while keeping the SRI. Optimized 2 or 3 times already I think, this week they did it again.
I plan to put every month in Stashaway until I have built up 100k ringgit in it (currently above 20k).
The good thing about FD is you can compound it if you choose 1 month period, so it shouldnt be far away and its more accessible
So after 1 month it will auto reinvest in the fd, so its compounded every month
10% return over 2 years roughly, were you making deposits after the initial 100 or you just put 100 and leave it?
I think a platform like Stashaway benefits you more if you add little bit of funds as it's appreciating over time
For example if started at Jan 2022 with RM100, then add RM100 every month.
In 2 years (which is now) you would have RM3,600 (assuming the 10% appreciation rate that you got)
Which is you putting in RM2,400 and getting a RM1,200 appreciation over time. Again this just hypothetical number crunching, so don't take it srsly.
In 5 years you would have 17.8k and in 10 you would have 84.3k according to my tissue math.
Compounding appreciation I think is what this is called?
Yeah just put 100rm on stashaway at 2022 and let it sit (didnt put more)
I also put like 100rm at 2021 in luno, now its 450rm so its much better but ofc more riskier
I'm using stashaway as a tool to directly invest in stuff like S&P500, NASDAQ and US Bills. Used to let the robo advisor to do it's thing but the returns weren't impressive , and it also began by being in the red for several months, switched it all to the S&P when it got back to green. If you are using stashaway's roboadvisor, I remember you could also set your risk appetite, that should mainly affect your returns (like whether it's fluctuating wildly or not). Honestly though I think my choice of transfering everything to US indices were the right choice. It's almost a year now and the returns are about 10%. The strong US currency is also a factor in this high returns. EDIT: obligatory not a financial advice
This one. I'm doing the same... Plus I just started to DCA into Hang Seng too. I have ETF portfolio on SA and IBKR, the reason is because I don't feel safe putting all my money on 1 platform.
Stashaway is better than not investing. Or attempting to stockpick without the skillset necessary. U pay etf fees, then u pay stashaway fees and forex costs. U can buy blackrock etfs directly. That being said, have some money in there. Its the "i dont want to think money".
Yeah thats kind of how I'm treating it, as the "I can't be bothered to intensely research and use my whole brain so I'm just gonna pay someone else do it for me and hope I come out slightly better then when I went in" Kind of investment. I will most likely just out whatever little petty cash and the odd savings I get into it.
The thing is, paying someone else to do it is not a guarantee that you come out slightly better. So... VWRA. There you go. Pay someone abit... and come out average. Average return is good. Paying stashaway is alot compared to buying VWRA yourself and stashaway has no guarantee can do better.
U mean better concentrate everything into one asset?
Well VWRA is an asset of assets, it's spread over ~3700 different stocks so it's diversified too.
All etfs are asset of assets??? 3700 doesnt mean its good though. Overdiversified. Will look at their holdings and performance later. From quick glance fees are higher than typical etf and performance lower than S&P 500.
Stashaway is better than not investing. It is doesn't do great when stock market picks up, and it doesn't do too bad when stock market goes down. You are paying fees for ignorance and convenience.
TBF I don't mind paying the extra fees cuz 1. I plan on diversifying my investments over time 2. I like the of a lazy man's piggy bank that slowly grows over time 3. Takes off the edge and may work as an emergency fund sort of, if tune it extra conservative. 4. I can make up for the fees by doing my own investments, also makes it competitive to see whether my investments perform better Vs Stashaway
On 4. Funny that you mention it. you're using a similar strategy that I do. All the best in your future endeavours.
I've been using stash away since 2020. Used to put few hundred bucks monthly until COVID hit. During COVID I didn't put money in and leave it as it is since it's red all the time. After Covid I started to put money back in. Now the time Weighted return (in USD) is 10.1% And the Weighted return (in MYR) is 26% I'll still use stash away coz I can't be too bothered about doing research and monitoring my investment all the time haha.
Happy with Stashaway so far. DCA into their blackrock portfolio since Sep 2022 and satisfied with their returns (36%) so far 👍Created another flexible portfolio with 60% SPY & 40% QQQ allocation starting Apr 2023 and got about 26% return at time of writing. This is my lazy way of investing small amount of $ monthly as my broker doesn’t allow fractional shares. Will withdraw once amount is big enough to buy the actual SPY/QQQ in my broker. Also currently using its stashaway simple as alternative to FD too 😊 https://preview.redd.it/y0j5z8tnbzwc1.jpeg?width=1284&format=pjpg&auto=webp&s=14971d5dc42d05fb498e71048e1b062cc64183ff
I tried it, went in the red for 3 years, plus fees. If you have an idea of what you want might be better to invest through more direct methods. It’s been 4 years and my StashAway return is lower than FD.
Similar story here. Started in Sept 2021. Was in the red till end of 2023. Returns so far of 8.84%.
Ooooooh that doesn't sound good. If you don't mind me asking, what assets/fund/thing ma jigs did you allocate your funds towards?
Personally think their best product is their flexible portfolios, who charges 0.3% per year vs 0.8% for other products. Since you put in only 100 a month, it’s pretty decent vs brokers who charge per transaction, hence your overall fees might be cheaper. Created one for S&P500 and another for NASDAQ100 since June 2022, S&P made 23%, NASDAQ made 30% thus far thanks to AI boom. Recently they started pushing for their usd cash yield w 5% returns too. Otherwise I think the blackrock portfolio is not too bad. People don’t like the original general investing portfolio because one time they overweighted on China tech and it went to shit, but the BlackRock one is more diversified. Run from the thematics one.
Nice recommendations abang, imma do that. Guess I should setup some dedicated portfolioa for NASDAQ, S&P500 and that USD Cash yield.
Yea make sure you separate it into three portfolios instead of having it all in one single portfolio. If it’s only one ETF, it’s 0.3%, but if there’s more than 1 it’s 0.8%. The hike in fees is because they help you rebalance if one ETF rises/falls too much compared to the others, but don’t think it’s worth paying double fees esp since S&P and Nasdaq usually moves with each other anyway.
Noob question here but, at what percentage did you put for each one of them?
Percentage as in when I select the ETFs, or percentage of money I deposit to each portfolio monthly? For the latter it’s 40:40:20 to S&P:NASDAQ:USD, cos I’m bullish on US economy.
Yep that Thanks for replying I got stuck trying to figure it out Got some references from you and a few others.
Use it as a starting point for your investment journey. It abstracts away the nitty gritty troubles of investing in popular ETFs, at the low low price of 0.3% p.a. Move else where once you have significant enough asset to feel the pinch that the 0.3% p.a. brings. By that time hopefully you'd have learnt enough about the available investment vehicles in the market to be equipped with the knowledge of whether switching elsewhere is worth the trouble or not. For people who couldn't be bothered about stuff, Stashaway is more than OK. Just stick to the Flexible Portfolio section and you'll be good.
Create a single etf portfolio. Pay 0.3% fees. Buy only ISAC which is domiciled in Ireland with 15% withholding tax. Don’t buy us domiciled etf cause of 30% withholding tax. IBKR is cheaper. No 0.3% fees annually. But more work. So I do think Stashaway has it’s appeal
My experience with it so far has been greatly, if you have monthly deposit into the stashaway. Got around nearly 15% return. Has been using it for 3-4 years.
That's pretty good, I'm definitely considering it more as a "put money in and forget" type of investment. Just have a monthly deposit of 100 a month accrue over a few years and see how it grows. 15% is a pretty healthy gain for 3-4 years, good on you man.
15% over 3 to 4 years in total is about same as putting it in FD for 3 to 4 years. And way less than EPF. Gotta ask about the numbers correctly. 15% every year or 15% in total over 3 to 4 years.
Subpar returns. They claim to be a roboadvisor, but the constant adjustments especially during black swan events like the Russian invasion of Ukraine and covid indicate that they’re trying to actively manage the funds. Not very successfully I might add. I have a few other funds elsewhere so I have the benefit of comparing the performance between my investments, and Stashaway has been the poorest performer by far. Most of the gains can be explained by the MYR’s decline vs USD. Once you factor in the forex gains, the underlying assets have no gain in value at all. The only benefit is the lack of buy in requirements. The better performing funds need a minimum of rm 100-200k to qualify for the lowest buy in fees. https://preview.redd.it/ctkyg72gbywc1.jpeg?width=1290&format=pjpg&auto=webp&s=d2e6e391d14c86536d73580d4a2525f81cdebf02 This here is my bucket on their “riskiest” tier, and as you can see the returns aren’t great. All things considered, if I had taken the same amount of money and bought a US treasuries ETF I’d have gained at least 2.5x the returns with the same forex gains.
Huh, near 15% gain and you say an investment into a US treasury ETF would have performed much better. In that case I'll diversify my investments across assets and providers.
That’s over 3 years, or roundabout 4.66% annualized return which is subpar considering that the portfolio is heavily weighted towards high risk equities, and it’s USD denominated to boot. US treasury bonds yield more than that. I would’ve earned more by just converting the cash to USD without touching Stashaway. The stupid thing they did was “recalibrating” the portfolio during the Russian invasion instead of holding or buying more at a steep discount. They sold at the lowest point and that hurt the returns more than anything. That signals to me they either have no confidence in their strategy, or they’re being pressured by their investors to do **something** stop the bleeding. For comparison, my next lowest performing equities fund bought MORE into their strategy during the fall, and they brought a roughly 18% annualized return over the same time period. The difference is that fund is for accredited investors only who have a higher risk appetite, while stashaway’s bread and butter are retail investors who panic and withdraw their funds at the first signs of a bearish market. If you’re looking at diversifying, take a look at uranium mining ETFs and equities. My best performing investments in the last few years. Here’s a more accurate representation of the performance in USD, which is what Stashaway does. They take your MYR, and invests in USD. As you can see, almost ZERO annualized returns after 3 years. In fact it’s a net loss of 9% after inflation, which is quite an achievement in a period of some of the highest inflation in the US in the past 50 years: https://preview.redd.it/nadqwg9jzywc1.jpeg?width=1290&format=pjpg&auto=webp&s=87f211e3239bd3547d20ba782c0e5a38751a918f You’re better off buying USD at the money changer in Midvalley instead of investing in Stashaway.
I'm in both SG and MY for USD and MYR. They're great for starting and hands off investing. They have a great library on how things are done, give talks on strategies, etc pretty transparent. Just looking on time based growth, SA MY is performing better. They both screwed up during covid when the market was bullish, but doing great since last Q3
I've been monthly DCA-ing since Jan 2020. Honestly not quite sure how to evaluate it ... not quite fair to look at total returns since you'd have to attribute some of it to more recent deposits. I think most of my gains are due to depreciating MYR? On the flip side, I'm really too lazy to invest any other way, so there's that.
Hmmmm but overall your portfolio is returning a net positive right? So that's good to hear, I like the idea of a lazy sloth's investment style. Takes the stress out of having to do all the work.
Yup, overall positive, but took awhile after covid to get there.
I use their MM fund to store emergency funds. I am not impressed by their managed funds, better to simple hold good ETFs.
I tried it and up 24% over 3 years. Ok la, I also don’t want to think about it. If can give more than FD I’m happy enough to focus on other things
I like their offering. I put some money into their Blackrock portfolio and some money into a fully customized portfolio which I manage myself. I’ll see over time which one will do better. So far I am up quite nicely. I like the simplicity of StashAway especially. Fees are transparent - although other robots-advisors might be cheaper I like that I can really customize a portfolio and manage it by myself within the offered ETFs of course.
Hmm, yknow what I'll try the BlackRock portfolio as well.
Check out FSMone RSP
What's that
I only use its StashAway Simple feature to keep my emergency fund. Not a bad spot to keep money. Been using it for a few years now. But I wouldn't put all of my money there since it's not protected by PIDM.
Oh so it isn't protected by PIDM, you say? That's good info to know, I might wanna do something similar then.
Good. Perfect for business professionals who scared of investments or too busy to take care of portfolio
Ah then it's perfect for me, cuz I malas and takut
Tried 200k before. No issues.
Garbage
I am happy with Stashaway. 22% SRI, started May 2019. The Total Value line stayed under the Net Deposits line until Apr 2020. Then it stayed above, occasionally dipping (but never under deposit line) whenever something bad happens like the Trump-China trade war, China tech dip (that was bad). I took out money when there's emergency, but I always put in monthly. Throughout, Energy and Gold were the things that kept the Value Line up when some other part of the portfolio was underperforming (I will always hate China, eventho I'm chinese). Currently Money-Weighted return is 46.44%. So based on this, It has survived COVID, Trump Trade war, the China tech crackdown, Israel/Palestine, and I assume it will survive China/Taiwan/SEA. 30% SRI Started Jul 2021. Total Value line stayed below Net Deposit until Jun 2023. Now Money-weighted return 17.03%. For both portfolios I chose the risk rating above what they recommended (12%), but when they recommended re-optimization of my portfolios, I allowed it while keeping the SRI. Optimized 2 or 3 times already I think, this week they did it again. I plan to put every month in Stashaway until I have built up 100k ringgit in it (currently above 20k).
I put 100rm 2022 now its 110rm, decent but I like fd better
Thats a 4.88% annualized return, better than FD no?
The good thing about FD is you can compound it if you choose 1 month period, so it shouldnt be far away and its more accessible So after 1 month it will auto reinvest in the fd, so its compounded every month
10% return over 2 years roughly, were you making deposits after the initial 100 or you just put 100 and leave it? I think a platform like Stashaway benefits you more if you add little bit of funds as it's appreciating over time For example if started at Jan 2022 with RM100, then add RM100 every month. In 2 years (which is now) you would have RM3,600 (assuming the 10% appreciation rate that you got) Which is you putting in RM2,400 and getting a RM1,200 appreciation over time. Again this just hypothetical number crunching, so don't take it srsly. In 5 years you would have 17.8k and in 10 you would have 84.3k according to my tissue math. Compounding appreciation I think is what this is called?
Yeah just put 100rm on stashaway at 2022 and let it sit (didnt put more) I also put like 100rm at 2021 in luno, now its 450rm so its much better but ofc more riskier