Definitely something isnt right, mine also didnt get converted yday. Money received on Thursday morning. This is 2nd time it has happened, 1st time during cny period

Maybe lumpsum works better than DCA if their processing is slow. Like 1,2 shots per year.

Based on the projection on the apps, the returns are somewhat slightly better this way.

U can dca like every month once or weekly but dont do it on daily basis la.. i also do it weekly. I got a feeling some ppl in this thread are doing it on daily basis or few days once

1,2 shots per year?

isnt that break DCA practise

Kindly read back what I wrote. 🙂
Nothing is broken here. And this is for long term as well.

does the return from stashaway consider taxable income?

Thks

Got lump sump but I choose not to do it. So just DCA daily it to spread it out....

Manatao so ineffective and inefficient...

I brought it up as one of the biggest concerns.

I did not ask why it happened though. My guess is that they do bulk fx, just like how they bulk buy etfs. If this guess is correct, then the higher the daily investment (more consistent DCA by everyone), the faster the entire process. I think the hint was when I asked "which is better for you guys? DCA or lump sum?".

Answer was DCA.

The idea of DCA is to get the average price when investing. If one does it daily, then the price movements are not that significant. One also has to take the effort to do it daily. Thats another costs.

The key of DCA is to protect from buying at the extreme high, the peak. There is nothing in DCA that's say daily or give time frame. For myself, i just divide the amount by 3 and just invest at 1-2 months interval

This post has been edited by ChessRook: Mar 2 2019, 12:32 PM

If I get invited sure I diao them 99 like in email.

Too bad peasent voice just like wind pass by.

DCA but can't DCA so fedup. End up also same as lump sump weekly. Useless la ini macham

Yea. I know. Just that I rebalance the total portfolio of mine and got share of it into SA.

So this amount of money need to get into SA port beside the monthly allocation to SA.

Because previous time I don't have ETF in my portfolio ma....

Like chessrook said, if u do it daily the price movement wouldn't be so significant, thats why i do it weekly basis..

Agree.

Now they are indirectly making us DCA weekly. Haha

My personal opinion is that DCA is to reduce the fluctuation of price movement by investing in consistently within a consistent period.. so DCA can be practiced weekly, biweekly or even monthly

Retirement: Dollar-Cost Averaging Or Lump Sum Investment?

Monthly Investment Plan vs Lump Sum Investing in STI ETF: Which Is Better Over 5 Years?


Did some study and find out as Lump Sump is not really that risky anyhow which make me think of it.

One other factor you might want to consider is what do you do with your cash on hand while waiting for the lump sum?

Example scenario: Assuming you can save 1k/month from your salary, so the scenario is lump sum 12k after a year of saving vs. DCA 12k (1k/month). If you choose to lump sum you are not really doing anything with your 11k for the first 11 months, other than maybe short term fixed deposits or other short term investments.

The case studies all assume that you have that much of cash on hand at the first place to be available to lump sum. If thats the case then it would be fairer to compare two types of investment - diversify into multiple investments, or YOLO into one type of investment only.

I read few more sources and concluded that DCA is most secured way.

LUMP SUMP strategy very dependent on on the price movement pattern
LUMP SUMP might be good on SPY ETF as SPY price chart pattern is constantly growing

but said Nikkei 225 Index chart movement, then there is a risk of lump sump strategy is purchased at a high price.

Guess i will stick with DCA


Mostly here DCA weekly? anyone DCA monthly?

I have limited funds ( and wanna focus on ASNB & EPF) so DCA 2x yearly aka lumpsum for max 10 years.

if u are here for long term (like every etf)

then u shouldnt place too much concern on frequency of DCA, 1 month 2 times is very good already