It depends on your deposit value and FX pricing

Anything less than 100USD will not feel the difference in the 1st place

For DCA it is better to do monthly lump sum as if the right time when market dips you buying a lower price with strengthening RM

i would do a RM2.5k biweekly. So that would be about $600.

https://www.facebook.com/story.php?story_fb...100044201511171

"new funds" aka fresh funds

for most banking/investment promos what I said is what fresh funds mean, like banks offering special FD rates, if they say "fresh funds" usually their T&C means "money not held within the bank", or in investment promos means "money you haven't invested yet'

but the way it's said it's very confusing 😂 so dunno if it means "inject new funds and ALL current investment is fee free" or "inject new funds and new funds will be fee free", so I could be wrong.

This post has been edited by DragonReine: Jun 27 2021, 12:44 PM

And the stashaway website just say "DRJASON - 100% management fees for 3 months". Were they using the same copy for CNY fresh funds campaigns?

They need better English copywriting 😂 it's so ambiguous and there's no T&C attached.

2.5k/2 week, u 1 shot invest or u split daily?

Daily a bit too much

2.5k every 2weeks in one shot .

You be better off putting RM5k per monthly as it will gives better tracking around at USD1200 or less if drops below RM4.10/0.244 exchange rate and the buying order will be 3 rounds if the market dips or 2 rounds when markets on bullish run like

That way less fluctuations to FX rate which keeping lot price similar and easy to track 12 times a year which is easy to average out the price of your holdings

This post has been edited by xander83: Jun 27 2021, 11:57 PM

my cousin showed me his UK equivalent of stashaway ( only available for UK residents) the fees is 0.15% only

stashaway fee quite high eh

We got not enough options here, stashaway can charge that much.

Eveything is chaeper in UK. Insurance, fees, etc.
Malaysians are pigs for service slaughter.

but not nasi lemak and roti canai. lol

But UK's tax not cheap.

stashaway should reduce their charges.

They don't need to, because they hardly have competitions here.

In SG, all the robos are charging 0.6 - 0.8% fees on ikan bilis.

SA having a larger monopoly locally makes it difficult for them to have incentive to lower fees.

Overseas robo advisors exist everywhere, so charging high fees = quickly die.

Even so, in Malaysia it's actually one of the lower but only for whales only (0.2% for >3million ringgit). Wahed, MYTHEO charge higher annual management fees. For less than RM100k investment, Akru charges lesser.

But I'll also caution about being penny wise, pound foolish if you're an investing beginner with low capital and you're only intending/able to use locally available robo advisor. Check performance and user experience, consider that heavily into your consideration for your choice of platform.

But when you file tax returns the investments are subject to taxation while Malaysia doesn’t any capital gains tax yet on robo advisors or stocks in Malaysia

Good point. Please keep it that way.

Guys, investing incrementally daily or lump sum monthly can get better return with stashaway?