Joined since jan
18 - 4.5%
Really not bad.. now doing dca every week.. feel want to raise to risk 36% but too lazy to do the quiz..

No idea lol.. but this is in USD terms.. if MYR terms only 2.3%.. just keep steady dca every week that's all.. i wish i can know why also lol

what is DCA???

If you had read through the thread, you will notice that it is Dollar Cost Averaging.

Stick with a weekly Deposit routine no matter market up or down.

Joined since november, i put in a small amount every week, +11.2% so far on 36 risk index.

Historical performance does not guarantee future results though.

Just a reminder to all.

Boost is having partnership with SA.

3 MYR for 3 month management fee off. It's a good deal.

what is this anyway? I deposit the money, then they will invest and give dividend like epf?

Read the faq dude..

For portfolio value > RM 1500

DCA will eventually bring you more than that. Thus, one can keep will may, which is the day before June, the expiry day.

This morning there is a BFM interview of Stashaway. Here is the link to the podcast:

https://www.bfm.my/rns-freddy-lim-stashaway...for-your-future

An interesting interview worth listening.

You mean use it on end of May?

Yea. If your port is less than 1500 as you mentioned. You can use before the expiry date.

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.

But 0.8% is indeed a little bit high.

Let's see what they can offer in the long term.

I remember last time FSM offer 2.0% for UT. After 10 years, they lower down to 1.75.

Who knows SA could follow if they really monopoly in SG and MY?

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

This post has been edited by Krv23490: Feb 14 2019, 04:16 PM

Haha, so long your reply, but yes, do you have any idea cheaper alternatives?

I am currently using FSM MY, FSM SG, Hlebroking for both local and foreign equities , and yes, SA is still cheaper for most novice investors , especially if you include bank charges for foreign transfer

Correct.

That's only SC. Havent count in other fees yet which usually comes quarterly.

The short answer is that what is cheaper depends greatly on context.

In the context of a Malaysian investor investing in US ETFs, the upfront cost of Stashaway is indeed way lower than buying ETFs directly due to brokerage and currency exchange fees. However, for purposes of compounding over long periods, expending a larger one-time up front cost to buy the ETF directly may make more financial sense than an annual fee charged on the AUM. Stashaway is only cheaper in the short term but becomes more expensive in the long term. A relatively small difference in the fees charged may also have a significant impact in the long term.

Anyway, since Stashaway does not charge withdrawal fees, we have the option of withdrawing our funds to buy ETFs directly when it makes more financial sense to do so.

This post has been edited by pinan: Feb 14 2019, 05:40 PM

a lot of us here practice small capital DCA investing, so it is very expensive for us to DCA directly using ameritrade or IG