Moving forward, let's not mention MYR returns. That is just forex component and not a real test for how good StashAway's model is.
We just talk about return in term of USD from now on.
StashAway MY, New instrument for Malaysian?
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 Jan 31 2019, 12:34 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL 
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Jan 31 2019, 12:36 PM
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Senior Member
5,752 posts Joined: Jan 2012
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QUOTE(vckc @ Jan 31 2019, 12:21 PM) Hi Xing, wanna consult you. How does Stashaway compare with UTs? ETF is more like tracker. I know Stashaway allows us to buy into US ETFs which is appealing because Malaysian ETFs don't perform as well. What are your thoughts?  UT is not tracker. But both are still strongly related to market. It's a different investment gear for me. |
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Jan 31 2019, 12:39 PM
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Senior Member
5,752 posts Joined: Jan 2012
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QUOTE(honsiong @ Jan 31 2019, 12:34 PM) Moving forward, let's not mention MYR returns. That is just forex component and not a real test for how good StashAway's model is. Agree. We just talk about return in term of USD from now on. Today after rally 6.5 3.3 up 20.0 3.3 up. MYR 4.08. Good DCA opportunity btw. Aiyah you earn safe heaven SGD |
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Jan 31 2019, 12:46 PM
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Senior Member
2,839 posts Joined: Jan 2003 From: KL
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it seems like u guys are in for short term ?
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Jan 31 2019, 12:47 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(preducer @ Jan 31 2019, 12:46 PM) it seems like u guys are in for short term ? Long term, since July 2017 LOL. |
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Jan 31 2019, 12:50 PM
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Senior Member
2,065 posts Joined: Oct 2014 From: Ipoh,Perak
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QUOTE(rapple @ Dec 19 2018, 05:49 PM) I've been topping up every Monday since their launch. As of yesterday USD +6.7%around -4% for risk profile 26% |
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Jan 31 2019, 12:51 PM
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Senior Member
5,752 posts Joined: Jan 2012
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QUOTE(preducer @ Jan 31 2019, 12:46 PM) it seems like u guys are in for short term ? Long term too. |
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Jan 31 2019, 12:58 PM
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Senior Member
2,839 posts Joined: Jan 2003 From: KL
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QUOTE(honsiong @ Jan 31 2019, 12:47 PM) Long term, since July 2017 LOL. QUOTE(Ancient-XinG- @ Jan 31 2019, 12:51 PM) Long term too. Good, have been dca every week since early Jan |
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Jan 31 2019, 01:13 PM
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Senior Member
2,175 posts Joined: Mar 2016
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QUOTE(honsiong @ Jan 31 2019, 12:34 PM) Moving forward, let's not mention MYR returns. That is just forex component and not a real test for how good StashAway's model is. Agreed !We just talk about return in term of USD from now on. |
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Jan 31 2019, 01:33 PM
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Senior Member
5,752 posts Joined: Jan 2012
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QUOTE(preducer @ Jan 31 2019, 12:58 PM) Good, have been dca every week since early Jan DCA quite frequent due to cheap USD and believe war will end soon. |
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Jan 31 2019, 02:12 PM
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Senior Member
1,042 posts Joined: Jan 2003
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Been 'lucky' to procrastinate funding the account till new year's eve. Returns 9.2% in USD on risk index 36%.
Not putting in much though, only RM80/mo as a side experiment to see how much it's worth at year end if I were to invest the cost of a 20 cigarette pack weekly (round up to RM80 from RM75.40 based on RM17.40 pricing) Personally have chosen to put in only monthly instead of weekly due to the length of waiting time for funds to be received up to buying completion that typically takes 3 business days from IBG initiation. |
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Jan 31 2019, 02:37 PM
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Senior Member
2,839 posts Joined: Jan 2003 From: KL
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QUOTE(roarus @ Jan 31 2019, 02:12 PM) Been 'lucky' to procrastinate funding the account till new year's eve. Returns 9.2% in USD on risk index 36%. yeah, I have the same thinking as you, putting some of my "entertainment" money. cut down spending on unnecessary things and invest insteadNot putting in much though, only RM80/mo as a side experiment to see how much it's worth at year end if I were to invest the cost of a 20 cigarette pack weekly (round up to RM80 from RM75.40 based on RM17.40 pricing) Personally have chosen to put in only monthly instead of weekly due to the length of waiting time for funds to be received up to buying completion that typically takes 3 business days from IBG initiation. |
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Jan 31 2019, 02:38 PM
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Senior Member
904 posts Joined: Jan 2003 From: Central Region Status: Safe Trader
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QUOTE(roarus @ Jan 31 2019, 02:12 PM) Been 'lucky' to procrastinate funding the account till new year's eve. Returns 9.2% in USD on risk index 36%. their projection is like super long term ~30years Not putting in much though, only RM80/mo as a side experiment to see how much it's worth at year end if I were to invest the cost of a 20 cigarette pack weekly (round up to RM80 from RM75.40 based on RM17.40 pricing) Personally have chosen to put in only monthly instead of weekly due to the length of waiting time for funds to be received up to buying completion that typically takes 3 business days from IBG initiation. i just have one question, from now to 30years later, does StashAway this company will still available? how they can assure this. if the next financial crisis happen then they bankrupt apa mcm? how can we claim back our funds/money |
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Jan 31 2019, 02:43 PM
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Senior Member
6,358 posts Joined: Feb 2008 From: Internet World 
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USD
6.5 - 0.4% 18.0 - 1.7% |
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Jan 31 2019, 02:46 PM
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Senior Member
2,839 posts Joined: Jan 2003 From: KL
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QUOTE(jay @ Jan 31 2019, 02:38 PM) their projection is like super long term ~30years If u had read their faq then u wouldn't ask about what happen if bankrupt etc. Its all there, they have aldy explained clearlyi just have one question, from now to 30years later, does StashAway this company will still available? how they can assure this. if the next financial crisis happen then they bankrupt apa mcm? how can we claim back our funds/money |
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Jan 31 2019, 02:49 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(jay @ Jan 31 2019, 02:38 PM) their projection is like super long term ~30years It's stated in their FAQ, I can only think of 1 reason they shut down in near future: not enough customers and assets under management. By right financial crisis shouldn't affect these robo advisors poorly.i just have one question, from now to 30years later, does StashAway this company will still available? how they can assure this. if the next financial crisis happen then they bankrupt apa mcm? how can we claim back our funds/money |
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Jan 31 2019, 03:05 PM
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Senior Member
904 posts Joined: Jan 2003 From: Central Region Status: Safe Trader
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QUOTE(honsiong @ Jan 31 2019, 02:49 PM) It's stated in their FAQ, I can only think of 1 reason they shut down in near future: not enough customers and assets under management. By right financial crisis shouldn't affect these robo advisors poorly. QUOTE Where is my money kept? Your money is kept entirely unmingled with StashAway's finances, and your assets will always be held in large institutions. Your cash deposits will be held by our Trustees, Pacific Trustees, in their account at Citibank Berhad. Citibank Berhad will then convert your RM into USD onshore, and transfer it to our broker (Saxo Capital Markets Pte Ltd), which purchases the ETFs on your behalf. Therefore, your investable cash and securities are held in a custodian account at Saxo. Pacific Trustees is a SC-licensed trustee that provides custodial services to StashAway Malaysia. Your cash deposits are held with Pacific Trustees's Citibank Berhad account. Pacific Trustees has opened this account specifically to keep safe the assets of StashAway Malaysia's customers. Similarly, the account with our broker Saxo is also opened by Pacific Trustees. This provides additional security for customers and protects customers from the unlikely event that StashAway Malaysia goes bankrupt, as customers' funds are unmingled with StashAway Malaysia's. We are regulated by the Securities Commission Malaysia. StashAway is the first robo-advisor in Malaysia to be awarded the Capital Markets License by the Securities Commission under the Digital Investment License Framework. You can find our license here. This one? it doesnt tell us how can we contact Pacific Trustees?? does anyone know what to do if StashAway run away with the funding? |
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Jan 31 2019, 04:33 PM
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Junior Member
159 posts Joined: Jun 2007 
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After setting up the one time deposit , or monthly deposit plan. can we deposit any other amount? will the system capture without hassle
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Jan 31 2019, 04:37 PM
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#759
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Senior Member
1,004 posts Joined: Oct 2007
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QUOTE(jay @ Jan 31 2019, 03:05 PM) This one? it doesnt tell us how can we contact Pacific Trustees?? does anyone know what to do if StashAway run away with the funding? http://www.pacifictrustees.com/Pacific Trustees Berhad (Co. Reg. No. 317001-A) Unit A-11-8, 11th Floor, Megan Avenue 1, 189, Jalan Tun Razak, 50400 Kuala Lumpur. Tel : 603-2166 8830 Fax : 603-2166 3830 Email :customercare@pacifictrustees.com By the way, the correct people to contact in the case of "Fund Management Company X run away" is to contact SC directly. And I am anticipating the next question, so.... https://www.sc.com.my/about/contact-us Securities Commission Malaysia No. 3, Persiaran Bukit Kiara, Bukit Kiara, 50490 Kuala Lumpur +603-6204 8000 +603-6201 1818 cau@seccom.com.my QUOTE(tweakity @ Jan 31 2019, 04:33 PM) After setting up the one time deposit , or monthly deposit plan. can we deposit any other amount? will the system capture without hassle Yeah you can deposit different amount at different time to different portfolios, it can capture no problem, you just have to go back into the app to allocate (I do this since I have more than 1 portfolio) |
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Jan 31 2019, 04:39 PM
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Junior Member
269 posts Joined: May 2007
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QUOTE(tweakity @ Jan 31 2019, 05:33 PM) After setting up the one time deposit , or monthly deposit plan. can we deposit any other amount? will the system capture without hassle of coz you can deposit (top up) anytime, not affecting your weekly/mthly schedule. still intact. |
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