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 StashAway MY, New instrument for Malaysian?

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besiegetank
post Feb 14 2019, 06:27 PM

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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
ViktorJ
post Feb 14 2019, 06:29 PM

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QUOTE(besiegetank @ Feb 14 2019, 06:27 PM)
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
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Did get the invite. Am tempted to go check it out anyway.
Krv23490
post Feb 14 2019, 06:47 PM

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QUOTE(pinan @ Feb 14 2019, 05:39 PM)
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.
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Yes, but to those who don't have a large sum of money now and wants to start investing every week or month, this would be the best avenue to start. I think fees below 1% annual is pretty impressive in Malaysia as well, case in point, just compare with all the unit trust available locally which has an annual expense ratio of approximately 2% ? And even then you can't get exposure to certain sectors available here
TS[Ancient]-XinG-
post Feb 14 2019, 07:30 PM

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QUOTE(besiegetank @ Feb 14 2019, 06:27 PM)
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
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QUOTE(ViktorJ @ Feb 14 2019, 06:29 PM)
Did get the invite. Am tempted to go check it out anyway.
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is it via email? I dint get it...
ViktorJ
post Feb 14 2019, 07:38 PM

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QUOTE(Ancient-XinG- @ Feb 14 2019, 07:30 PM)
is it via email? I dint get it...
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Via email. Checked your spam?
TS[Ancient]-XinG-
post Feb 14 2019, 08:28 PM

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QUOTE(ViktorJ @ Feb 14 2019, 07:38 PM)
Via email. Checked your spam?
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checked.

How is it look like? I only get the feedback mail but not invitation lol
ViktorJ
post Feb 14 2019, 08:37 PM

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QUOTE(Ancient-XinG- @ Feb 14 2019, 08:28 PM)
checked.

How is it look like? I only get the feedback mail but not invitation lol
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QUOTE
Hi <bro>,

We would like to invite you to participate in a 30~45 minutes user feedback session at StashAway Malaysia between 25 February and 1 March.

In the session, we will ask you to come to our office to meet the product team and discuss your experience of using StashAway to understand any concerns or questions you may have.

If you participate, you will be given a 6-month fee waiver for up to RM50,000.

Please book a time-slot using this link.

Listening to our customers’ feedback is always a top priority in our product development and improvement. We look forward to hearing what you think about our product!

Warmest regards,
The StashAway Team

SUSMNet
post Feb 14 2019, 08:46 PM

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yes i'm getting the invitation too
TS[Ancient]-XinG-
post Feb 14 2019, 08:46 PM

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QUOTE(ViktorJ @ Feb 14 2019, 08:37 PM)
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Maybe I invested penny not pound. Amount is too small for them.

Sob sob.

My free annual fee only last up to June... I wish to extend it also tabuli. Kena charge liao Q319

This post has been edited by [Ancient]-XinG-: Feb 14 2019, 08:47 PM
ViktorJ
post Feb 14 2019, 08:48 PM

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QUOTE(Ancient-XinG- @ Feb 14 2019, 08:46 PM)
Maybe I invested penny not pound. Amount is too small for them.

Sob sob.

My free annual fee only last up to June... I wish to extend it also tabuli. Kena charge liao Q319
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Pretty certain your AUM is among the highest here tongue.gif
TS[Ancient]-XinG-
post Feb 14 2019, 08:51 PM

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QUOTE(ViktorJ @ Feb 14 2019, 08:48 PM)
Pretty certain your AUM is among the highest here tongue.gif
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How I wish to. LOL

Seeing FD thread there 1mil per cert is like buying vege for them. That one baru hebat.

I poor till annual fee also calculated day and night liao.
ViktorJ
post Feb 14 2019, 09:03 PM

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QUOTE(Ancient-XinG- @ Feb 14 2019, 08:51 PM)
How I wish to. LOL

Seeing FD thread there 1mil per cert is like buying vege for them. That one baru hebat.

I poor till annual fee also calculated day and night liao.
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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 take a proper look at the promo tab

This post has been edited by ViktorJ: Feb 14 2019, 09:05 PM
TS[Ancient]-XinG-
post Feb 14 2019, 09:05 PM

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QUOTE(ViktorJ @ Feb 14 2019, 09:03 PM)
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
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you go for the invitation la. 50k.

** your AUM sure more than 30k liao I konpen. Sob sob. My amount really penny liao

This post has been edited by [Ancient]-XinG-: Feb 14 2019, 09:06 PM
ViktorJ
post Feb 14 2019, 09:06 PM

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QUOTE(Ancient-XinG- @ Feb 14 2019, 09:05 PM)
you go for the invitation la. 50k.
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Yeah, looks like I have to. Totally took it for granted.
TS[Ancient]-XinG-
post Feb 14 2019, 09:08 PM

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QUOTE(ViktorJ @ Feb 14 2019, 09:06 PM)
Yeah, looks like I have to. Totally took it for granted.
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lai share la. you DCA all the way up to 30k plus? Or lump sump?
the +4% nice boh.
ViktorJ
post Feb 14 2019, 09:11 PM

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QUOTE(Ancient-XinG- @ Feb 14 2019, 09:08 PM)
lai share la. you DCA all the way up to 30k plus? Or lump sump?
the +4% nice boh.
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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)
TS[Ancient]-XinG-
post Feb 14 2019, 09:21 PM

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QUOTE(ViktorJ @ Feb 14 2019, 09:11 PM)
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)
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Lump sump 6.5 should be fine as they are really stagnant now. Just the currency impact is great LOL.


Jitty
post Feb 14 2019, 09:27 PM

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so far so good wo the result from stashway.

must better than FSM or ETORO copy trader at the moment. lolx.

Planning to migrate some of the $$ from Etoro, FSM & Rakuten to Stashway.
brokenbomb
post Feb 14 2019, 11:32 PM

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hey uhm. stashaway jom pay option is only for savings acc right. not credit card
preducer
post Feb 14 2019, 11:43 PM

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QUOTE(brokenbomb @ Feb 14 2019, 11:32 PM)
hey uhm. stashaway jom pay option is only for savings acc right. not credit card
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For investment purposes, no credit card payment is allowed. Same goes for stashaway

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