Here goes for the March 2022 StashAway performance. Nothing much to shout about.
StashAway has been rather stagnant but considering the environment, I think it is holding out well. I continue to question of this robotic/AI system if it is more human driven. 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, I’m not sure if I will do this more or do Endowus more. We shall see. I am also not sure of consolidating into one account.
Retirement Portfolio A (risk-14%)
2022 is indeed volatile. I started out with $1500 and March 2022 ended with me losing -$12.59. Just to put things to perspective, I made $10 in 2021. Haha….Oh my word. Very Very flat indeed.
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 $3205.30. Haha, no surprises. Every month, I RSP $100 into the portfolio for 6 months until June 2021 so my absolute gain will be $5.30. Okay, this is holding up okay.
YTD wise, small gain.
Education Portfolio C (risk-20%)
I started out with a base of $3200 and ended Feb 2022 at $3342.49. That’s a $142.49 gain! The portfolio strategy was to RSP for 6 months until June 2021 so my that makes a +9.48% gain.
Year to date wise, it is also flat. The Russia Ukraine war is not a good thing for the markets and that is ongoing
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 StashAway 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.
One thing for sure is that the cash funds is doing much better than Endowus and looking at SSB. I’m not sure if their cash funds makes any sense now.
To find out more about the pros and cons of using StashAway, do refer to my previous posts.
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The pictures were taken from the Stash Away website for this article.