Here's an update regarding July's dividend. Found this on FB. Apparently we'll only get it by the end of August.



This post has been edited by cucumber: Aug 4 2021, 12:01 PM

Very enlightening listening to Amoi talking about stashaway reoptimization.

Especially the 14th minute about some special conditions if you have more than 2 house or a car loan... etc.. what amoi deemed as

"Hidden Malaysia stashaway portfolio"

Ironically, the ideal use case for stashaway is for those who do not want to study investing.

EPF/ASNB has currency risk. MYR depreciates you entire net worth tanks. Stashaway can mitigate that.

provided one understand and know of the expectations of the SRI he selected...

Mine so far performing worse than EPF... But I give them 3 years to prove themselves

FIGHT, FIGHT, FIGHT

If SA can 0.4%<= flat fee I might actually give up DIY completely One can dream right!

when did you started investing with SAMY?

Feb this year, too early to assess... and lump sum has a risk of poor returns if timing is bad... I know

This post has been edited by gooroojee: Aug 4 2021, 10:35 PM

This is where it becomes a dividing point between what is "mindless" investing. Making the assumption here that it's investing for long term/retirement instead of medium term of course. EPF/ASNB/SSPN etc. easy enough for the average Malaysian, returns decent enough to live modestly (not luxuriously).

I would advise SA to people who can stomach the risk AND believes SA can do well. For people who are afraid of volatility, not confident of China market, want shariah compliance etc., SA might not be best choice. It's also a question of trust in SA's portfolio composition, like some didn't like gold exposure etc.

Ultimately still need to do due diligence, and do some continuous observation over time. Cannot be buta² dump money in expecting to do okay je.

read up on how to analyse ETFs too
https://tradeveda.com/does-technical-analysis-work-on-etfs/

guys...out of curiosity, since stashaway have the function to view out earning from two type of currency , how do know,how much exactly did we make profit? as sometimes i notice the variation % of profit shows quite a different in both currency

I just looked at the MYR. As that should be what I think I will get if I redeem it.
Just hope I am right.

MYR, because at the end of the day you will sell your equity/ETFs to get back MYR, variation is different because MYR drops, when you sell your equity you earn more MYR.

on the day you decide to redeem, SA will convert back to RM, the actual value will be the rate the bank gave on that day

ASNB can tank also when the government is incompetant.

Only MYR matters because that's what you paid with and goes into your bank account.

But bear in mind that MYR positive while USD negative is NOT a good thing; that means MYR currency has weakened considerably and your true net worth is likely to be impacted.

This post has been edited by DragonReine: Aug 5 2021, 10:57 AM

Saw the below remarks when updating the Stashaway app on playstore

WHAT’S NEW
A release with no new features?! Why aren’t we working harder?! This release just has a few tweaks here and there to improve usability, discoverability, and feedback submissions.But we’ll leave you with a cliffhanger: We’ve got something BIG for you coming very, very, very soon.

Howdy frendo! Welcome to the ATH loss gang, we have about 4 members I think so far.



This is the tracking portfolio I made, as you can see, we haven't really went up since February's ATH.

For my main portfolio which I have consistently DCA'd daily, I am hovering around only ~2% loss up to last week, which is pretty good considering the China turmoil mess and me recovering the drop from ATH.

Last week did drop me down to -7% all of a sudden, I don't really follow the news that much so I am not sure what happened.

Keep in mind, everything I've said about is like within 5% - its basically nothing in terms of investing. Anyone that DIY on KWEB/ARK around the same period have suffered at least a 20% drop at the same time.

This post has been edited by Hoshiyuu: Aug 5 2021, 12:42 PM

Got to agree to this.

Initially I started SA for this reason. Myr is dropping by the year. International etf pegged to usd at least another safety net. Unless myr decided to appreciate (judging by Malaysian politic turmoil, is highly unlikely)

In fact alll the losses is in usd, but myr remain no loss to due to its depreciation.

That said, still need to be careful of what SA allocation. Especially for Kweb. YES, everyone says buy the dip, kweb almost 50%, still don't go all in, allocate some to other platform or etf.

Hi there matesss, lol