Every FX loss is only up to 1% on volatile exchange including 0.1% spot rate

Even on 10k deposit the most you can lose up it is up to rm100 so don’t exaggerate because your calculation is way by 10x on 5% loss which will never on FX even on black swan event

Highly likely is due to the assets or etfs drop in value by the time they were sold. Fx is 1%, no doubt. Which is why, kids, please stay invested and only sell when you can beat daily fluctuations. This is not a trading platform. Even if it is, I wouldn’t advise FX on small or too frequent transactions.

why suddenly my porfolio sold my KWEB etf?? is this auto rebalance program algorithm by taking out 50% of profit here and buy other cheaper asset?

in progress selling 49.67 usd kweb etf from 108.60 usd profit? from that stock. need to check what etf next will buy..

anyone else kena?

no. are you changing risk level or withdrawing something?

Correct. That's rebalancing in action.

I haven't kena yet, you haven't deposited money for long time is it?

Rebalancing happens because of the weightage in your KWEB which over the current weightage in your portfolio

So small amount worry what it not like selling off 42 units of KWEB instead

Withdraw in small amounts is better to take profit than lump sum because FX rate calculations where more gains are to be seen than losses

I didnt withdraw or change portfolio risk. my last deposit is Jan 26.

If it buy same KWEB etf at higher price really facepalm.. need t wait and see.
If it buy GLD etf or Bond etf, I also face palm because lesser profit there and only waiting for the small dividend....

Also i off the optimization still do rebalance.. please do share info ya.

Rebalanced and re-optimization is different.

I have 36, 26, 14% risk index since early 2019. I have reoptimization ON. It has never sold anything except during the reoptimization once when changing from spy, XLK etc to now KWEB, xly, XLV. Which is 1 time.

In my mind if you constantly invest fresh money it should not come to the point of needing to sell anything to maintain your balance.

In any case is your portfolio now properly balanced? If yes just relax. If your are not happy, kweb is ~USD100 per unit, you can buy directly...as much as you want....if you want to ride the China bull there are also many other ways than StashAway.

If you think something really wrong, just share us the transaction records via print screen. Or you can contact their customer service.

did you check your assets allocation matching to how it should be?

Anyone park cash into into SA Simple? the advertised returns of 2.4% p.a are better than most FD available.

I do. I park bulk of my cash in Simple & auto DCA weekly to my other portfolios. Love the convenience & simplicity.

If you are OK with 5 days withdrawal time that is.

I am parking 1 month salary in Versa and 1 month salary in SA Simple, so far "personally" Versa less hassle and way faster/smoother in and out. Returns remains to be seen so no comment yet, early indication too biased towards one side that it doesn't make sense...

Guys, possible to use credit card to direct debit into stashaway? Trying to get reward points. Am using HSBC

This post has been edited by Oklahoma: Feb 11 2021, 02:17 PM

Cool, if you don't mind me asking, why weekly instead of monthly? Is there a strategy behind it?


Good to know. Thanks


What's Versa?

This is Versa:
https://versa.com.my/

Its basically just like SA Simple... money market fund sold as an FD alternative, pushing liquidity as its selling point. Versa's direction is trying to make MMF as liquid as possible, so you can deposit and withdraw quickly. Stashaway's view is that SA Simple's delay in withdrawal is great for investor self control.

SA Simple underlying fund: https://www.eastspring.com/my/funds-and-sol...s?fundcode=E026
Versa underlying fund: https://affinhwangam.com/invest-with-us/lis...etails?q=EDFHCF

In practice, while Versa advertises T+1 withdrawal, realistically speaking its more like T+2, so its only a slight improvement over SA simple for withdrawal. Versa also offer overnight interest for deposit processing delays.

In future, Versa seems to hint at a card that can spend your funds in Versa directly, but I'll believe it when I see it.

---

I also believe in weekly DCA too since the ... for the lack of proper terms since I am somewhat newbie too - "resolution" of the DCA is better.
But if I am really honest? DCA weekly just make me feels better it scratch that "money spending" itch. So overall I save more.

But anyway, I am not DCA-ing by choice, I'm DCA-ing because I am investing a portion of my income. if I had 100k lying around you can be sure I am lump-sum-ing them hahaha.

This post has been edited by Hoshiyuu: Feb 11 2021, 04:37 PM

Thanks. So it's similar to SA Simple. I guess I'll pass on it for the time being until there's a need to diversity from SAMY. Too many Apps and accounts to keep track of.


Hmm ok, thanks for the explanation. I'll stick to manual lump sum every other couple of months or so as I don't make enough for weekly DCAs.

This post has been edited by poooky: Feb 11 2021, 04:57 PM