Any idea how fast is the transfer for jompay?

JomPay available already?

Desktop version? My app dont seem have that option

Hi, can I get a referral from any account holders here? I am interested to get on-board. Thanks!

oh...okok (where is the date ah...? i dont seem to see it on the stashaway website...lol)

okok..thanks...    maybe chinese new year period kot...

I wonder how they calculate the time rated total returns

Hmm, I can see "P&L since inception", I guess that sort of counts for something?

For portfolio value > RM 1500

You mean use it on end of May?

My interest in information on fees charged by Stashaway is to better inform myself and hopefully others investing with Stashaway. It is not a meant as a criticism against Stashaway, nor am I saying that they are "expensive".

Nevertheless, the answer to what is "cheaper" would ultimately depend on what type of investor you are.

For the sake of discussion, lets assume that the preferred style of investing is passive, the time horizon for the investment is around 30 years before you retire and the choice is between buying and owning the US ETFs directly or investing with a robo advisor like Stashaway.

Stashaway's barrier of entry and upfront costs are indeed much lower than going through the hassle of opening a brokerage account with TD Ameritrade or IB to trade US ETFs. Even though Stashaway is fully transparent in what they are investing in and you can just buy the same exact ETFs in the same proportions if you wish to, it arguably also wins out in terms of time and effort required for currency exchange and getting the transactions done.

However, it is worth noting that Stashaway's 0.8%-0.2% annual fee is charged onto your total assets under management (including any returns earned) and is deducted directly from there monthly. Using the analysis in this Youtube video which compares the fees charged by the US robo advisors (with rates as low as 0.25%) and directly owning a Vanguard ETF, the amount of fees paid over the course of 30 or even 40 years could add up to staggering amounts.

Of course the analysis in the youtube video is not directly applicable to the context of Malaysian investors like us who do not enjoy the same ease of access and low trading fees via vanguard or platforms like robinhood. But even in our context, the amount of fees charged by Stashaway over time would definitely add up to being much more than buying and owning the US ETFs directly, albeit to a lesser degree.

Stashaway has pros and cons. For an investment novice like myself who doesn't have enough capital to maintain a brokerage account with TD Ameritrade or IB, Stashaway is indeed a "Cheaper" choice and may be able to bring better returns that the 4.x% FDs currently available out there.

That's only sales charge right? the annual expense ratio of most EQ unit trust is double of SA..

hmm anyone receive the invitation to attend the feedback session with SA? If go can get fee waives for 6 months...but will it stack with the referral free waiver? If yes then no point to participate then

Did get the invite. Am tempted to go check it out anyway.

Via email. Checked your spam?

Pretty certain your AUM is among the highest here

ooooooooh fuuuuuuug now only I looked properly.

I did not realise that the 0% annual fee promo is only up to RM30k >_<

Now that you mentioned it only did I took a proper look at the promo tab

Yeah, looks like I have to. Totally took it for granted.

I lump sumped above that, have not really DCA'd yet.
+4%? nolah, am using the 6.5, so only uh +2.8% in USD, 0% MYR (yeah, my timing sucked big time)