I agree with this thinking. Cut loss move on. Don't hang on to losers. Opportunity cost.

Fed is about to inject another trillion dollar into the system. Market is going up. Don't allocate so much in bonds.

This post has been edited by cucumber: Feb 14 2021, 03:56 PM

The investor should make up his own mind, IMHO. Our advice should not be construed as a signal to buy or sell. We have all invested in this, so there is a tendency to advise the investor to go go go.

For any investor who would like to find out how other robo advisor world wide performing in order to have a better understanding what can we expect from robo-advisor, you could download the pdf report as below:-

https://www.backendbenchmarking.com/the-robo-report/

thanks for the helpful link bro

How long does it takes for stashaway to deposit money in the app? I manual deposite rm100 11 days ago but still in process. Though it only takes about 3 to 5 days.

general rule of thumb. usually 3-4 working days. impossible it tooks 11 days.

does it deduct from your account already?

Check your email and whatsapp see if stashaway reached out to you asking for more docs.

yes the money has been deducted from my bank account. I even received an email about they received my funds and will take 2-3 working days to invest...but stiill no money in the app. Will whatsapp them about it. Maybe because of CNY their progress are quite slow...

Nothing to do with CNY because markets at all time high and the buy order will be executing by this Wednesday or Thursday when the markets starts to correct itself and rebalance their portfolio

Your money is already converted to USD and it is only small amount of rm100 which is difficult for it to execute the buy order most ETFs at its portfolio because most of it are being priced in the market at least of USD45 to USD178

In order for it work better you should at least deposit about USD100 or RM405 in order for it to execute the buy smoothly

Hi all, I just started with SA. After the assessment, it shows me 6.5% risk and when I check here, we have so many people with 36% risk assessment. When I check to change the risk, for some reason it only allowing up to 22%. What is the best way to do this? I'm looking for a long term investment. So is it better to stick with 6.5% as the automated risk says and create a new portfolio for 22%? Any advise? Not sure how to get 36% portfolio thou.

This post has been edited by kiba84: Feb 16 2021, 05:45 AM

If you really want to get 36% portfolio just whatsapp them. They will ask you to watch the videos, so you know the risk you’re getting into. When you confirm you still want the 36%, just give them time to remove the restriction. After that, you can proceed to 36% portfolio.

The other way is buy into 22% 1st for 1 month then next month you can adjust the risk to 36

It all depends on the capital you start as you can grow buying multi portfolio in StashAway without risking all eggs in one baskets but for your situation if you are using the money for long term put in 80% into 22 and 20% into 8 for emergency liquidity

By right, the best way to use stashaway is to follow their recommendation, not to follow us on lowyat.

I hope you know what you are doing picking 36%

By left, hands get itchy and pull the bar to 36%?

Usually they put you max 22% due to several factors from your assessment answers, including but not limited to:

1) low monthly income
2) high liabilities/debt-service-ratio
3) job is deemed high risk/unstable/low to no income (like student or an entry level job like clerk/waitstaff or gig work)
4) no prior investment experience
5) low to zero savings
6) age (if you're older they might not give high risk initially even if you list yourself as aggressive because your age means not many years left to retirement where you can weather volatility)

basically its SA's way of protecting you and your finances. A human financial advisor would similarly tell you to take lower risk if you fall into too many of the above criteria, because it's not wise to invest if you're deep in debt with little income etc.

Don't feel bad about limited to 22%, in fact 22% risk portfolio is not bad performance at all, if you look in their performance since inception the annualised return is same to 36% because of some crashes in equities a few times in the last few years.



36% portfolio is for us who can afford to stomach the volatile and are willing to risk the losses to get (maybe) high returns it's not guaranteed that returns will be higher than 22%, nor is it necessary for good gains

as above have said, you can watch the videos on Personal Finance basics and Investing basics to educate yourself, then contact StashAway customer service via their WhatsApp to help unlock 36%

But don't be super WAHHH AMAZING about other LYN members' gains. SA's algorithm recommending low risk for you is not without reason.

This post has been edited by DragonReine: Feb 16 2021, 10:25 AM

maybe you can whatappps SAMY and ask for more info.
this is the first time I heard such incident.

Thank you all for the advice! I'm pretty new to SA as well as to investment. I guess I will educate myself more on this before deciding to change the risk portfolio. At least I understand a lil bit more why it as design as such now. Appreciate all your inputs! :thumbsup:

New account? Last time I also have same issue... it was because my account not verified (need to send additional doc).

Question: Do you people invest monthly, quarterly or other frequency?

Good luck! My personal advise since you're new is take your time and give yourself at least a year of being exposed to investing to understand your emotional response to investment volatilities before you revisit your portfolios to decide if high risk is worth it for you.

Because when new to investing sometimes we don't realise that high risk isn't just higher volatility, but also a high chance of making losses, especially if the investor is the type to panic easily when see negative returns or if don't give portfolio enough time to recover. Even then the returns may not perform to expectations.

So taking higher risk is not only accepting volatility, but also accepting losses and lower returns if timing is bad.