Hi sifu2 kalian

Need ur advice

Am planning to sell all my ASNB and put it into Stashaway. It is in lower six digit starting from number 1 lol

It may not b a significant number to some, but its a significant number to me

Is it advisable to switch?

Thanks in advance!

what is your expected returns?
some risk level selection may have probability if losses....are you ok with it?

Expected return 30% per annum

I was thinking of 36% risk index

I am ok wit losses but not too much 😓

Am planning to hold for long term

Say 10 years

I give 100k and you manage for me to get 30% pa for 10 years. OK?

Hmm ive been analyzing my stashaway

My returns r rm700 and ive only put in for 3 months. My capital is rm7400. Isnt tat 38% return? So 30% per annum is possible

Pls correct me if wrong

Not easy to get 30% p.a. even you invest in the stock market.

The past 10 to 15 years have been a super charged bull market.
The next 10 to 15 years may not be a repeat of the last decade.

38% return for 3 months is not the same with 38% for 10 years.

Let's see if you can maintain it for the coming years. You are too naive.



This post has been edited by victorian: Jan 25 2021, 07:38 PM

Oh 38% is too optimistic? Haha am not sure

Still very new to investing

If i were to say 10% pa for 10 years, is tat more realistic.

Ok lets say 10%, for that, i think its advisable to switch?

just a note:
if you invest RM10 000 and
if you choose 36% risk level, there is a chance that you'll lose 3600 in a given year....

Which StashAway Risk Index Should You Choose?
https://www.stashaway.my/r/which-stashaway-...ould-you-choose

This post has been edited by MUM: Jan 25 2021, 07:52 PM

😱ok tat’s alot

Short answer, not advisable, you won't able to sleep well if market crashed.

i am not a qualified advisor, but
yes, i think it is ...if you can afford not to panic when your invested money encountered loses and stayed at negative for some years and if that invested money are the money that you will not touch for 10 years...no matter what.

This post has been edited by MUM: Jan 25 2021, 07:58 PM

This is so true. Thanks for ur input! Appreciate it

Negative for some years. Ok this i scared

Mayb ill just invest half of what i hav in ASNB. Thanks again MUM for ur input. Always appreciated it

That is not even a valid comparison. How come you are comparing SA going bust with EPF going bust and war. You can choose to invest or not to invest in SA or invest less or more depending on how confident you are on them.

The context now is SA sustainability , how you can even make a comparison to EPF or war is beyond me. Same thing with stock selection in stock market unless you deliberately buying PN17 companies with the hope of turn around or "goreng". I know they are not exactly good comparison but the point is, in order to invest more we need to know it sustainability. If they have solid financial you pretty much have less to worry about and can invest more.

We are not a stock holder of SA, so the performance of the company does not affect us directly, but sure as heck they need to be stable enough so we dont have to worry about forced liquidation if AUM is not taken up by another company and the delay associated with it if they go down.

Yea, it's what happened with customers of Smartly.

Consider during the period of March of 2020, when Smartly promptly announce that they are closing down. If the same were to occur, one would have a high chance of being forced to liquidate at a loss. Compared to other instruments, which may suffer paper losses, but overall, will recover in future (as it is example with 2020), and one can cash out later for profit instead of loss.

Therefore it would certainly be good to know more about SA's financial health.

forced liquidation can come in many form.....valid or not is up to each perspective...
believing of the chances of it to happens is also each perspective
wanting to invest in SA or any other form be it stock or CIS etc etc...always has the chances of forced liquidation.

Hence why this chance can be better reasoned about with more information in regards to a company's financial health. So you see why I mentioned that it would be preferable to have that disclosed, unlikely as it is.

look at their growth of AUM....even without disclosing it....the AUM growth is still there...

ASNB is still one of the safest investments out there with little to no risk. I have a significant portion of my money stashed in ASNB too, not planning to withdraw.

As for SA, I am only investing with my extra cash, yes the returns are definitely appealing, but the risk is also a lot higher.