Your friend name Wei Tu Lo. It’s 0.8% + every ETF charge their own fee also.

Despite that, they do charge lower than typical bank mutual funds.

This post has been edited by honsiong: Feb 20 2019, 07:42 PM

haha, apa wei tu lo?

kena tipu lo....i tot really that cheap yo

wei, tu loh

read here dude
Stashaway Fee

So guys.

Autowealth seems to be applied license with SC to operate in Malaysia.

No sure when it is.

SA got competitors now. Good thing.

Yeah man, competition is always good. Took a quick browse at Autowealth, looks good. 0.5% PA

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.

Autowealth requires your own Saxo account. The investor takes on trading fee directly, and no fractional shares either.

This is the disadvantage of AW.
Malaysian need at least 10k myr to begin with.
And yea. Fees 0.5 is not only the fees it seems.

All in all, both AW and SA have high charges as well.

But in SA we have exposure to AAXJ GLD CWB and REITS. While AW don't have.

I myself actually hope SA can lower down to .5 in future.

If you invest enough it will be 0.5%, but by then you can run your private hedge fund ady.

i'm up 5.4% over 3 months (on stashaway)....not bad !!

This post has been edited by ahpooki: 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.

You haven't made -10% in 1 month before rite....

i did lose -5% back in december 2018 but continued investing..now recovered and more..

Bitch pls I got -23% just a while ago.

u guys YOLO, took the highest risk profile haha

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

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 charges

Hong 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

OMAIEWA NOU SHINDERUUUUUUU
I have mine
6.5
20.0
36.0

In the ratio of 15:70:15

Roughly growth 70, protective 30.

Yea. SA really brilliant in entering here 1st before AW.
WF and B is active in US rite? I am quite surprised why robo are there since there are the main etf people buy in, and as US resident, easier rite. While for us non US res, need pusing here and there. therefore robo make our life easier..

But, I think more competition, we are on more benefited side.

How are they doing?