1st q Yes
2nd q No

I was at their talk and Q&A at Menara Maxis yesterday.
Not 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

How was the audience? Alot?

Who are the speakers, Michele and Freddie?

Performance wise quite good . +12% for me in 3 months. They still have things to improve on such as faster transactions

wah, annualized 48%! what investment lai de? i also want

btw, alex want do survey

if there's an instrument allowing you to have exposure to SP500 at the lowest cost of 0.07% per annum, but with sales charge and redemption charge of 0.55% ~ 1 %, would you switch from Stashaway?

Yesh

Any other charges? FX?

Edit: Actually, no, would not switch. Would SUPPLEMENT. Just to be clear, this is SPY right?

This post has been edited by ViktorJ: Mar 5 2019, 09:38 PM

The answer is pretty obvious

Hahah please. managed to catch it at the bottom of the small correction few months back only. It will even out when i keep adding every week. Small fish here only heehe

Yeah, add 10k per week

semua masuk d...

FX = 0.45% instarem one-way
brokerage = 0.1%~0.5% depending on the size you hoot

any SP500 instrument. SPY pun boleh.

I'm still thinking of reason why ppl don't want the cheaper alternative?

so duwan ? =(

but SA 0.8% p.a. wor

Cheaper is of course good

But SA has exposure to other instruments as well. Unless you mean you can intro us to cover just about any other ETFs, then good lah.

I did bring up about the 0.8% being a little costly. I suggested that they should have more "value added" services.

And to be fair, I guess the argument here is about passive (BYO) vs active (SA) portfolios.

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.

Come la, you won't rugi. Just a little bit of work only.

Also, equity thingy is confirm >5 years investment d.

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 CapTradder

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.

I actually think SA will yield more return bcoz they reinvest dividend as soon as they got them. Closing the loop tight helps us stay in the market as much as we could.

You hoot 'accumulating' fund, then got the same effect. The fund will automatically reinvest div for u

Guess reasons to stick with SA is:

1) Dividend and withholding tax claim

You might not be aware that, SA managed to claim back full, ALMOST ~30% of the dividend issued on the ETF we invested
(you might need to grind back this post discussion)

- The DIY way you recommended if I'm not wrong, only can claim back 15% right?

2) DCA friendly 1

We are doing DCA monthly, weekly. Majority here are doing investing with small cap

- I did read on the DIY post of yours, which recomended RM18k Ringgit to 4k Euro as minimum for wire transfer via Instarem to CapTrader German.

I dont have that much frankly

3) DCA friendly 2

SA is much more DCA friendly I guess, in contrast to your DIY method with hassle process of weekly transfer (and as discussed in 2nd point, we cant't transfer transfer amount like few hundred ain't we?)

Correct me if I'm wrong, the DIY method is more Lump Sum Strategy friendly.

4) Diversify

SA already recommended the combination based on our risk index, we cannot invest in just S&P500, and we don't need to actively manage the portfolio combination.

So indirectly it diversifies the risk as well based on our risk index, we might argue that hoot only on S&P500 could get higher return, instead of SA combination, but it does come with the benefit of lower risk i guess?

Finally, for me, I really don't have the time to actively manage the portfolio, as well managing the hassle of weekly DIY and wire transferring,again the DCA friendliness issue.


Correct me if any info above is wrong, my personal two cents.
Might consider your way if it is arguably much more DCA friendlier than Stashaway, since who don't prefer lower fee

Ok... Actually just one time work only... My next investment is 6 months later. Save cost gooding yo, every cent counts especially when it's long term