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00:00:00 – 00:05:41
The video addresses the speaker's decision to discontinue updating their portfolio with StashAway after a two-year investment journey. Despite hope for profitability as they reach the three-year mark, they express dissatisfaction with StashAway's performance compared to other robo-advisor platforms. The speaker cites negative returns and management fees as reasons for liquidating their StashAway positions, opting to shift towards DIY investing by purchasing index funds. The importance of understanding risks associated with investing, particularly with robo-advisors, to avoid potential losses is emphasized. The video invites viewers to engage by sharing their own experiences with robo-advisors.
00:00:00
In this part of the video, the speaker announces that they will no longer be updating about their portfolio and will be saying goodbye to their investments in StashAway. They mention their investment journey with StashAway over two years during the pandemic, sharing their personal experience and the platform’s performance. Despite not contributing since mid-2021, they are hoping for profitability as they approach the three-year mark. The speaker compares the performance of StashAway, Endowus, and Syfe based on an experiment indicating StashAway as the worst performer. They highlight the risks involved in investing with robo-advisors and stress the importance of understanding these risks to avoid losses.
00:03:00
In this segment of the video, the speaker discusses their experience with StashAway, a robo-advisor platform. They mention that despite negative returns and ongoing management fees, they have decided to liquidate their StashAway positions due to needing money for a house down payment and lack of confidence in StashAway’s performance. The speaker plans to allocate some of their finances to DIY investing, specifically buying index funds. They encourage viewers to share their own experiences with robo-advisors.