QUOTE(encikbuta @ May 16 2020, 09:52 AM)
so i've been invested into StashAway for a year now and thinking of making the switch to picking/choosing ETFs on my own to save on management fees. Currently, StashAway is charging 0.8% p.a. management fee since i'm holding less than RM50k in their account.
i've been glancing thru this thread and there really isn't a clear cut answer on which broker is most suited for my purpose so maybe I could ask your help to clue me in? Basically looking for a StashAway 'replacement' with lower fees and allows me to conduct DCA of RM500/month to purchase USA-based ETFs. Plan to hold long term and not intending to day trade.
I see so many fees in these alternative brokers like inactivity fees, withdrawal fees, min deposits, etc that i'm confused.
heck, maybe just sticking to StashAway is the way to go for sum1 like me? maybe taking everything into account, 0.8% p.a. fee charged by StashAway isn't that high at all?
i was like you as well, have the same dilemma. however, after reading this thread, it dosent fit my DCA aspiration, as you need to lump sum rm18k to invest.. to me, i fee this is too mush hassle to manage and i feel the 0.8% fees from SA seems worth the hassle. therefore will stick to SA for now.i've been glancing thru this thread and there really isn't a clear cut answer on which broker is most suited for my purpose so maybe I could ask your help to clue me in? Basically looking for a StashAway 'replacement' with lower fees and allows me to conduct DCA of RM500/month to purchase USA-based ETFs. Plan to hold long term and not intending to day trade.
I see so many fees in these alternative brokers like inactivity fees, withdrawal fees, min deposits, etc that i'm confused.
heck, maybe just sticking to StashAway is the way to go for sum1 like me? maybe taking everything into account, 0.8% p.a. fee charged by StashAway isn't that high at all?
May 16 2020, 04:19 PM

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