I am one month late for this but I have to post this so that i can compared the upcoming month in April for the performance review. Honestly speaking, my Crypto portfolio is moving faster than these stonks haha.
StashAway has been rather stagnant but considering the environment, I think it is holding out well. SA seems to try to take a bet around China and their recovery by doing a rebalancing. Now, is that system or human driven I question. Shouldn’t it be systematic driven for a robo advisor instead of attempting to drive better returns. With an ERAA approach, these actions seems rather active. Now, there are more steps taken to actively manage the volatility. I’m not sure if this is the right call.
If Mr Market drops, then I will add on more to the portfolios. If you have not taken the first step, action early so that you can start doing this early and learn from any mistakes along the way.
Retirement Portfolio A (risk-14%)
2022 is indeed volatile. I started out with $1500 and Feb 2022 ended with me losing -$11. Just to put things to perspective, I made $10 in 2021. Haha….Oh my word. Talk about paltry. Talk about flat.
Pretty standard outcome and the YTD is definitely down for sure.
Education Portfolio B (risk-16%)
I started out with a base of $3200 and ended Feb 2022 at $3201.15. Haha, no surprises. Every month, I RSP $100 into the portfolio for 6 months until June 2021 so my absolute gain will be $1.15. damn it. Can’t beat inflation.
YTD wise, small gain.
Education Portfolio C (risk-20%)
I started out with a base of $3200 and ended Feb 2022 at $3300.95. That’s a $100.95 gain! The portfolio strategy was to RSP for 6 months until June 2021 so my that makes a +8.48% gain.
Year to date wise, it is also flat. Nothing exciting. On China’s end, it must have been exciting. In terms of risk, probably Stashaway is dropping much slower than other portfolios since they are designed as such.
It is now almost 2 years since I started using StashAway. I still think that it has been a great supplement as a robo advisor. After using a few robo-advisors, I find that SA will play as a competition to my Endowus Portfolio and true enough that fits exactly into how I plan it to be. Recent months, I’ve been thinking and I did not add on any regular monthly investing amount as I’m beginning to think twice about their strategy and if they have grown to a level where institutional belief is starting to take over instead of that pure robo fintech as compared to what they were in 2020.
StashAway does have their own advantages. They do hedge their portfolios against huge crashes and take a stand on some positions which I do like because a lot asset managers don’t and even though they talk big about macro. The gold move was bold but it protects the portfolio. Again, Rome wasn’t built in a day so I guess you need to safeguard some of your monies to future proof it. No one knows so we have to try to know. Now, they are taking China out of the equation all together. I don’t really like my returns. When do I exactly buy it at a crash level given all these active management.
To find out more about the pros and cons of using StashAway, do refer to my previous posts.
To sign up or try out Stash Away, visit the website and use my referral code at Stash Away Referral
We’ll both get up to $10,000 SGD managed for free for 6 months which is a good deal.
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The pictures were taken from the Stash Away website for this article.