This post has been edited by DragonReine: Mar 25 2021, 09:32 AM

Diversify sometimes can bite in buttock especially low risk.

the low SRI got some international equities, fixed income, and commodities mixed in which does lower earnings than 100% pure bonds portfolio but risk is lower than just bonds, if based on their risk assessment

This post has been edited by DragonReine: Mar 25 2021, 11:31 AM

Yeah XD again cos diversify lor, flatten out volatility will also flatten out profit range

I'm personally not sure of logic because I don't invest in low RI (my lowest is 16%) but that's the trade-off for having low risk index

People think StashAway and most other investing vehicles are a get rich quick scheme LMFAO

Like a lot of these people honestly think investing is always up up up then panic sell when it dips, without bothering to learn the wider economy and business politics of the world around them, it's very obvious they just look at X% gains in reports and assume it'll work like a fixed deposit or savings account interest you can tell from reading that many of these are just hype buyers, who see the mad gainz from end of last year and assume that it'll keep going up LOL

Bear in mind that 22% and below (core portfolios) actually existed longer than the higher risk (26/30/36) portfolios. So the returns are a bit skewed because core portfolios have been on the market longer.

Oh? That's interesting. Sorry, I thought they're "new" based on their 2018 article in SA SG https://www.stashaway.sg/r/introducing-high...risk-portfolios

shame on me for not remembering

Hug the bear you pull out now you'll DEFINITELY make losses, you stay invested and eventually the volatility will even out

https://www.theedgemarkets.com/article/inve...-says-stashaway

It's the expected market correction and regulations changes after last year's sudden tech stocks surge

This post has been edited by DragonReine: Mar 25 2021, 10:11 PM

👆👆👆 if you panic over the dips, you've invested past your risk appetite

You're actually looking at how MMF (and dividend paying shares) dividend payments+net asset value+reinvesting work, because Simple IS money market 😅😅 specifically it's tied to Eastspring Islamic Income Fund

Why you see variance in value:

1) As profit of the fund slowly increases, the profits reflect in the net asset value (NAV) of the units which goes up, this is usually calculated daily. So you see your investment value grow as profits increase.

2) on the 9th is when Eastsprings start payout their dividends, so what they do is subtract the profit from NAV to get money for dividend payment, so NAV goes down (value goes down) on 10th, and then the dividends are paid out based on the number of units you own. These dividends are then reinvested to buy new units at the lower NAV. So your value "drops" slightly but you actually now have more units then before, so in reality you've already profiting.

3) Repeat step #1 and 2#

4) You're actually profiting based on increasing number of units you get as StashAway Simple keeps reinvesting

Don't bother about the MYR/USD tab if you only invest in Simple, Simple is strictly MYR only, so no worries about USD (any difference in value you see in MYR/USD tab is based on current currency exchange rate, which goes up and down, since recently MYR value tank it gives false info that you're losing money on USD tab).

MYR/USD only becomes relevant if you invest in SAMY's portfolios because they're ETFs traded in USD

This post has been edited by DragonReine: Mar 26 2021, 02:20 PM

Comment was from FSM thread LOLOL

SA risk index is not indicative of gains, but only that it has 1% chance to drop below X% of your investment amount in a given year

if seeing the current rout within even 14% SRI already makes you scared and ready to cut losses, you're better off chosing something like StashAway Simple, ASB/ASM, EPF, Versa etc which are safe investments that on surface level will "never" go negative. You're not prepared to handle the volatility of SA's etf portfolios.

Raiz and GO+ both invest in low risk investment (Raiz in ASNB and GO+ in money market fund) so that sounds more like your thing.

For the record, the 16% SRI portfolio I had which I invested since September last year has only gone down -0.86% MWR right now. Earlier this year it was at +20% MWR. That's the kind of volatility and potential gains of SA's risk index.

This post has been edited by DragonReine: Mar 26 2021, 09:10 PM

2020 was a good year but gains hampered by MYR strengthening against USD. If look at USD gains shud be mostly green for most of Q4 2020 at least that's my experience with my 16% SRI

I use both jompay and direct debit. I got no issues using direct debit for two different banks' savings accounts. I do not have a current account. You may need to call Maybank to check what's the issue.

For both cases after apply from SAMY side, no issues, just that first transaction takes around 5 business days I received letter from both banks acknowledge that the direct debit mandate was registered and that it was successful. For both cases SAMY deduct RM1 and put it in Simple during registration.

Personally I prefer JomPay because it's faster and I can set up weekly DCA. Also has high yield savings account bonus interest.

This post has been edited by DragonReine: Mar 31 2021, 10:40 AM

Just type BFM in Promotions > Enter Promotion Code.

Dunno I ignored because I already have several referrals queued till year end, no point key in now when my investment still less than 30k

SA marketing damn aggressive so many people sign on without referral, and even with these promos it's only a few months, and the promos don't stack. USD 1bil AUM is no joke for such a small and young company and they have very little competition regionally.

I'm pretty sure they're making extra money on the side from the bigboys brokerage discounts from the ETFs they invest in

This post has been edited by DragonReine: Apr 1 2021, 05:55 PM

See how long monopoly lasts la Right now SA in Malaysian robo-advisor scene is almost like Gr*b monopoly in ehailing.

Aiyah, people still trust established fund houses more mah. Those uncles and aunties out there would rather deal with the long timers XD especially if they're rich enough to get financial adviser/priority banking