QUOTE(honsiong @ Feb 20 2019, 05:04 PM)
+1StashAway MY, New instrument for Malaysian?
StashAway MY, New instrument for Malaysian?
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Feb 20 2019, 07:27 PM
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#101
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Feb 20 2019, 11:40 PM
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#102
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QUOTE(Ancient-XinG- @ Feb 20 2019, 11:01 PM) So guys. Yeah man, competition is always good. Took a quick browse at Autowealth, looks good. 0.5% PAAutowealth seems to be applied license with SC to operate in Malaysia. No sure when it is. SA got competitors now. Good thing. Clients can start investing through AutoWealth to achieve their financial goals with as little as S$3,000. Investors can now look forward to better investment performance, lower costs and a hassle-free experience. |
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Feb 21 2019, 10:50 AM
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#103
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QUOTE(Ancient-XinG- @ Feb 21 2019, 10:33 AM) Most of the robos when you actually reach 1 point, it become not profitable because the fees etc already eat up many portion of the gain. And if compared to buy direct and having own account.... The difference is huge. Yeah the only reason why alot of people use SA is because of the convenience and the reasonable forex rates they offer. 0.8% fees still acceptable for a more exposed portfolio. What is expensive i think is the unit trust Annual charges which close to 2%3rd month with SA and up 12.7% *still with free promotion till august thanks to a few LYN members! This post has been edited by Krv23490: Feb 21 2019, 10:51 AM |
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Feb 21 2019, 11:08 AM
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#104
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QUOTE(honsiong @ Feb 21 2019, 10:58 AM) Exactly, StashAway + the underlying ETF charges is still cheaper than mutual funds. I don't think SA is overcharging given that they are operating in markets way smaller than the one Wealthfront & Betterment are in. Exactly . Here are a few examples of brokerage chargesHong Leong ebroking RM 53 for HKEX shares / RM116 for US Shares FSM SG HKD 50 for HKEX / USD 8.80 for US Shares Captrader has the lowest fees few euros per transaction |
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Feb 21 2019, 12:04 PM
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#105
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QUOTE(l4nc3k @ Feb 21 2019, 11:56 AM) Just dived into SA.. not a lot still. Hey buddy. Your question can be answered hereHave only been doing FSM for a few years liao.. got ups and downs but overall still positive and better than FD etc. Want to ask sifu how do I actually DIY invest into ETF? I want to start going all out myself because actually its quite easy to just rebalanced once or twice a year.. but after some reading seems like quite complicated as we need to go through forex etc., and also the rate that any platform charging now is quite expensive (min 0.5% PA), and thats a lot when they are just rebalancing few times a year https://forum.lowyat.net/topic/3396549 Personally i use FSM SG to buy HK etfs. |
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Feb 21 2019, 02:29 PM
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#106
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Feb 22 2019, 03:47 PM
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#107
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JomPay now available on SA. No idea whether it will be faster compared to normal bank transfer
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Feb 22 2019, 03:47 PM
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#108
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*Double Post*
No idea why sorry This post has been edited by Krv23490: Feb 22 2019, 03:47 PM |
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Mar 1 2019, 05:09 AM
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#109
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Mar 4 2019, 04:11 PM
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#110
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QUOTE(ViktorJ @ Mar 4 2019, 04:00 PM) https://www.stashaway.my/pricingNot sure if you opt for a lower risk index the management fee will be lower. If its 0.8% off the board, best stick with an index which aims for higher returns. 0.8% for a low risk low return profile will eat quite a high percentage of your profits(if any) |
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Mar 4 2019, 05:03 PM
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#111
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QUOTE(ViktorJ @ Mar 4 2019, 04:53 PM) I guess we just konpius sendiri xD You can check the forex rate in detail on their website or their transaction page. Last time i checked it was quite close, not the super crazy ratesDo you guys think with the 0.8% to, lets say realistically lah, 0.5% p/a fee, it would impact the profit too much? Another aspect is the FX. Although 0.1% conversation fee is not expensive I suppose, but I think we never really looked at the actual FX rate it was converted at. Manatau it was at some crazily unfavourable rate. |
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Mar 5 2019, 12:28 PM
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#112
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QUOTE(justckl @ Mar 5 2019, 12:11 PM) I was at their talk and Q&A at Menara Maxis yesterday. Performance wise quite good . +12% for me in 3 months. They still have things to improve on such as faster transactionsNot to judge too early but their speakers did not give me enough confidence. How does everyone feel with their track record so far? Its a very young company just only started in SG a year plus ago & just only operating officially Oct 2018 in Malaysia |
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Mar 5 2019, 09:42 PM
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#113
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Mar 5 2019, 10:25 PM
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#114
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QUOTE(alexkos @ Mar 5 2019, 09:59 PM) ic...if u go DIY, then you have access to all ETFs you want. Just follow me Instarem CapTrader, the world is yours. I can't tahan active manager (or platform) keep eating approx 1% p.a. raining or shining. Yeah i agree with you. I still got foreign shares in HleBroking. Then moved to FSM SG(Bought far few ETFs which listed in HKEX). Looked through some other brokers such as IB and 8 Securities but FSM SG gave me a little peace of mind. Will definitely try CapTrader next time, maybe when FSM Sg charges a platform fee for stocks. but for now i don't really mind paying a little more . Already using Instarem as well to fund FSM SG so i got my work cut out for me when i open CapTradderCome la, you won't rugi. Just a little bit of work only. Also, equity thingy is confirm >5 years investment d. StashAway does really make it easy. I know in the long run we could be saving much more on costs, but i feel that it is really convenient. SA is targeted for the mass consumer, invest and forget. Good job on sharing DIY method though. Took me quite abit of research and asking around to open FSM SG and a bank account there. |
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Mar 5 2019, 11:50 PM
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#115
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Mar 7 2019, 10:56 AM
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#116
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Hmm, transferred money at 2pm yesterday, no notification that SA received my deposit
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Mar 7 2019, 11:47 AM
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#117
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Thanks for your replies guys, I guess I was impatient as I saw the price update and haven't got the deposit notification . Received it shortly after
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Mar 7 2019, 06:48 PM
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#118
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Mar 7 2019, 09:46 PM
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#119
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QUOTE(Vanguard 2015 @ Mar 7 2019, 08:49 PM) Thanks bro. No boss here, kuli only. Try 36 ? maybe can see the difference betterBased on my answers to the questionairres and age group (I guess), I was given a risk index of 14. I also opened a second portfolio and manually adjusted the risk index to 18. So I can compare both portfolios in the future. |
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Mar 8 2019, 07:55 AM
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#120
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