We mostly use DCA strategy, how much u wanna top monthly?
Assume u only one portfolio, why dun just DCA weekly 250 for ur starting 1k.
Use jompay, buy during tue to Thursday, early morning transfer ur money is prefer,
Get some body referral so u get 6 month management fee waiver
Welcome

Auto robo mean we dun target any etf, let stashaway do for us. Just deposit.
Wanna target then this stashaway not suit u, try ibkr
We only choose our risk, normally I choose 30 or 36%, highest.

This post has been edited by ironman16: Jun 6 2021, 06:35 PM

Stashaway don't let user to choose their preferred ETF, since technically their AI will buy different ETFs to make-up a "portfolio" for you.

StashAway has no AI inside.

All the portfolios are manually constructed, the only robo part is everytime you create new goal - the data you input determine which portfolio they recommend to you.

Consider opening Futu Moomoo and buy VTI and VEA.

I always thought Stashaway is powered by AI insight + intervention of their investment team

Not really. Can't equate robo to AI.

Definitely not AI, but there's an investment framework (ERAA) that processes certain economic indicators which the investment team will use to decide on portfolio allocation.

Aka proprietary trading for clients like us.

You can safely ignore the marketing jargons. Whatever they call, ERAA, is really trading at Freddy's discretion.

This post has been edited by honsiong: Jun 6 2021, 11:13 PM

ya I thought the ERAA was AI based.

haiya if just another investment methodology, that was just marketing gimmick then.

may I introduce a new reply method: Point Oriented Replying Mechanism (PORM), where I will selectively reply on threads, nothing AI just my brain in working.

The "automated" part is when you choose goals and they "advise" you which risk index is best based on your goals and financial profile, this is how robo advisors like SA, Wahed etc. generally work (unlike agent/human financial who give their advise based on their own experience, or DIY which is based on your own experience).

However the composition of ETFs within portfolios themselves is managed by human.

Dont need to overreact. that has been mentioned many times in the thread already/

ERAA doesn't involve AI (deep learning/machine learning). However it's not like the portfolio is solely dependent on Freddy and his team. They mentioned several times in their market commentary that, the ERAA selects ETFs/Assets from a pool based on real time economy and market data.

So I think it's more like, Freddy and his team built this ERAA algorithm, put in ETFs/Assets of their choice into the pool, then ERAA adjust and selects assets based on economy and market data.

Depends on what you understand by AI. Using historical ETF performance and risk profile of investor for mean-variance optimisation to determine (or establish the baseline for) the optimal ETF style allocation is classic textbook application of AI.

SA does not use historical etf performance to suit individual's risk profile.
The etfs are preselected....

For those of you who think lump sum entry right now is not advisable or that current market levels are “too high”.

I present to you another way of thinking this complex lump sum thingy from my perspective.

Suppose like many of us, you built your portfolio over 2 years of DCA, 1k per month. Now you have to 100k.

If suddenly thru no fault of your own, StashAway accidentally liquidates your entire holdings today, say RM50k to 100k, and they promise you no fee / no charge buyback in any way you want, will you buy back everything as is in lump sum (and get back what you had)?

Or will you think that you will DCA again, split over some arbitrary comfortable time period?

See, whichever way you do you need to be comfortable (with self assurance that this is more profitable than the other way).

If you do think the “DCA” way is surely better, May I suggest you liquidate now and do it! The only reason not is you are confident it will actually go up more than down over time isn’t it?

I learned this over some investment newsletter r and books. As of today, I’m happy to rebuy anything I have, but this is a personal thing.

I think, those that had "experienced" better performance else where would use this opportunity to get out of SA and into that "had been" better platform...
Example, latest 2 postings in akru now thread had some possible insights

This post has been edited by yklooi: Jun 7 2021, 10:42 AM

thanks for all the input and advise guys, really appreciate it, guess I just do small DCA at the moment then or when I am confident or comfortable enough. i will keep in view at the moments. thanks, guys.

hi do you mean this site https://www.moomoo.com/en-sg ?

Yeah. Follow this thread https://forum.lowyat.net/topic/5135077

It's the classic textbook application of statistics.