Table of Contents
How much can I earn with StashAway?
StashAway Simple: Grow your cash at up to 1.2\% p.a. This is StashAway’s cash management account — an account meant for your savings. StashAway Simple helps customers earn a projected 1.2\% p.a. (even if you’re not investing with StashAway).
Can I lose money with StashAway?
As StashAway Simple™ is an investment, there is inherently some risk. Risk refers to the potential value you could lose, or your downside. StashAway Simple™ has a StashAway Risk Index (SRI) of 1.7\% meaning there’s a 99\% chance you’ll not lose more than 1.7\% of your entire amount in a given year.
What is a good risk index for StashAway?
At StashAway, General Investing Core portfolios range from SRI 6.5\% to 22\%, and our General Investing Higher-risk portfolios go up to SRI 36\%.
Can StashAway be trusted?
StashAway is totally safe and they’re regulated. That being said though, robo-advisors have been known to shut down. Your money however, will be held with trustees. So don’t worry.
What if StashAway goes out of business?
Will I get my money back? Hey Anon, in the event Stashaway becomes insolvent, you’ll be forced to liquidate your holdings with them. Basically, you have no control as the ETFs will be sold automatically and the funds will be reimbursed back to you.
Can you trust StashAway?
How do I increase my StashAway risk?
How to select Higher-risk Portfolios
- First, select ‘General investing’.
- Then, select ‘I want to take a little more risk’.
- Now, select your preferred StashAway Risk Index.
- Then, review and confirm your portfolio.
- Do you get this ‘Restricted’ message?
Can I change my risk index in StashAway?
You’re free to select an SRI level that is higher or lower than the recommendation. And you can always change it along the way, as we understand that your financial needs might change at different phases of your life.
What happens if StashAway goes out of business?
Hey Anon, in the event Stashaway becomes insolvent, you’ll be forced to liquidate your holdings with them. Basically, you have no control as the ETFs will be sold automatically and the funds will be reimbursed back to you.