i think is appropriate for you,....
from Wong Sui Jau

Sui Jau's ....
"The most important advice I would give to anyone who hasn't started (be it man or woman) and is being held back is to starting investing now, but use a small amount.
Something you are comfortable with even if you suffer losses. It can be as little as one thousand dollars because that is usually all you need to start investing into a unit trust (or Stashaway/Stock market in your case).

Then, as you invest, you will see how markets and such affect your returns and you will be able to learn from your experiences without suffering too much heartache compared to if you placed your entire life savings into the market and lose half of it in a market crash.

The key thing is you have to accumulate investing experience.
No amount of prior reading up and accumulating of knowledge can compare with actual investing experience which can only be built up by using your own money to invest.
You have to experience the emotional pull that comes from market ups and downs and learn how to handle your emotions during those times.
And learning from mistakes made is the greatest teacher."


SORRY to those regular forummers, that had read this some many times and so frequently...

This post has been edited by yklooi: Jan 31 2021, 10:04 PM

One of the keys to investing is not just dca blindly. One must always know what one is buying. So, this also means to regularly check the pulse of the company you are investing in.

Even ETF and UTF, as you say does not guarantee a return if DCA blindly. BUT I recall my friend a PB Mutual agent (at the time, now no more) that guaranteed me if I DCA I was guaranteed to make a return. Alas, if I did, and I checked, that I did, today it would have given me slightly less than 8% per annum. But, I would have had to hold on for around 13 years IIRC, not to mention stagnate for more than 6 years. In that time, I exited, pivoted and changed don't know how many bloody portfolios until today.

In this manner, Stashaway is recommended because they try to take care for you. The reoptimization actions already occurred several times over this few years, removal of SPY, XLK (dumb dumb move lol) and added some KWEB (hooray), GLD and some others I cannot recall. They are only locked by the mandate of making return at the risk levels you choose and last I checked they give pretty good sharpe ratios. Not like some dungu UTF that will stick to a certain region, certain type of stock etc. The quote that Buffet famously says, active management will usually loose to passive indexing applies.

Therefore I reiterate, that among Stocks, UTF and ETF, Stashaway is actually very balanced in risk vs reward.

each deposit got conversion charges.

damn bro, this is new to me. any idea how much exactly? or are you talking about currency exchange loss

unittrust managed by professional why they no charge monthly fee while SA charge monthly fee?

~0.1% regardless of amount. So it doesn't matter if you deposit daily, weekly, monthly, annually.

I think I was the one recommending weekly deposit in this thread coz I was one of the first stashaway malaysia users before they even launched.

Unit trusts charge way steeper management fee than StashAway

Go find a Malaysia unit trust or mutual fund with expense ratio < 1.5%.

It is 1% per annum, charged monthly ie split 12 times.. What is your problem with this charges thingy? Are you expecting it to be free?

Which unit trust fund does not charge management fee ? You think the fund manager work for free ah?

Anyway I think you are in the wrong subforum. No point barking here

Haha

Surprising people still think UT charge little bit oni

Please don't be penny wise, pound foolish.

If you think it is a good investment, go for it. Whether stock, UT, stashaway or anything else.

Imagine 10 years ago, you got a choice, but because of high fee, you missed AAPL.

For unit trust, it is higher fee, but there are still some sector/regional funds available only on UT currently. If you want concentrate on those areas, it is still a good choice.

This post has been edited by vanitas: Jan 31 2021, 11:47 PM

I recommend the SAFEST & FREE investment you can do is under you bantal and bed. No charges. No risk. Unless your house kenapa rompak and your bed got bed bug.

got one..no fees involve..

FD lo..

u think like stock market meh

each transaction u do only charge brokerage,clearing fees,stamp duty and SST

Simple to Investing will take a week to reflect because of the settlement, conversion and buy order which takes time execute unless you want to time the market in weekly basis which is hard when on bullish run

If you want quick direct debit fastest within the same day on Monday morning before 10am with the exception of public holiday in Malaysia so that it can execute order on Monday in US markets

The reason why it takes because they have to sell your money market units in Malaysia which takes 3 days, conversion is quick and buy order will be reflected the next day depending on market price buy order execution

Tomorrow will be interesting for KWEB and IJR in terms on catalyst whether to see the trend will reversing or not

Just got my bonus. and ready for the dips

Same amount of DCA with extra bullets for buying more starting Tuesday 2nd. Prob chump change for most of sifus here but I am ready haha

This post has been edited by stormseeker92: Feb 1 2021, 01:24 AM

Thank you very much for your responses. No wonder I see most are not that pleased with the waiting time, lol

Waiting time is important because too long waiting time missed on opportunity to make money

Anyway, the time is because of our financial system which the clearance, trading and execution are slow compared to developed financial hubs in NY, London, HK, SG, Tokyo or Sydney which way quicker hence you can see those are markets to trade because the movements are quick

Malaysia are slow like a snail only know how to copy the gamestonk which Tuesday won’t panned to those who try short squeeze the institutional investors on Glove shares

Park short term money on Simple and the long terms on investing to maximise gains which how SA is designed for

Maybe he feel buy / sell share only charge 1 time fees but SA charge monthly fees.

Not only FD, EPF & SSPN also no fees involve.

just put some cash into stashaway.my. 80/20% split into core/higher risk. the UI is incredibly simple.

will report back in a couple months to report on progress.

same same, gonna allocate a portion of the vitamin B into stashaway couple with regular DCA amount. can't believe i've deposited so much into stashaway for myself already, first milestone reached.

Is there anyone here plan to make this one of your largest portfolio after your EPF? or is it just me?