Where your overconfidence gone to?

Forex gain.

MYR weak that means than your forex gain is higher.

For every USD, you can earn MYR 0.2057.

When I brought this up, somebody slammed me that this won't be a concern; just DCA only.

Today MYR also trades stronger:

https://www.theedgemarkets.com/article/ring...rude-oil-prices

Spot rate is 4.35XX compared to yesterday at 4.37XX

The market hopes the worst is over for the job market?
4.4 million jobless claim last week (in the week to April 18) lower than previous 2 to 3 weeks.

https://www.theedgemarkets.com/article/wall...our-market-over

At 12% risk, the aim is not into high & fast growth sector with high return and volatility but rather into low volatility and still generate decent return.

Investing into VGK will spread the risk as the ETF is investing into Europe region consists on more than 1 countries.
Investing into IVV (S&P 500 Core ETF) will be heavily concentrated on US market (single country) as you had seen from the past months on how volatile S&P 500 was.

At 26%, the allocation into S&P 500 is rather high too: XLC (13%), XLY (18%), XLV (18%) and IVV (18%).
That makes up to 67% in S&P 500 and another 18% in IJR (Small Cap)

This post has been edited by GrumpyNooby: Apr 24 2020, 12:15 AM

Still red in both USD and MYR for TWR.

How come I didn't receive this kind of email?

1. StashAway is regulated under SC: https://ers.seccom.com.my/public/CompanyGen...LicenceID=36524

https://www.stashaway.my/faq/360012165714-i...haway-regulated

2. DCA is dollar-cost averaging

3. SA stands for StashAway and SAMY is StashAway Malaysia.

If I know earlier, I had dumped my reserve since mid March 2020.

If I say 0% or negative, do you still want to invest?

Key events for this week:

1. FOMC meeting on Tuesday and Wednesday
2. Q1 GDP data on Wednesday

Don't go into Wahed.
I just did a full withdrawal.
Somebody claimed that we're paying 16% premium for the 2 ETFs under very aggressive portfolio.

This post has been edited by GrumpyNooby: Apr 27 2020, 10:50 PM

Yes, I'm a financial idiot compared to you who possess with superior knowledge.
If I'm not an idiot, I won't be participating in the forum and made investment mistakes.

I don't have ACCA, PhD in Finance nor certification in financial/wealth planning.
My education level is up to SPM.

This post has been edited by GrumpyNooby: Apr 27 2020, 11:08 PM

If everything needs to do research, what is the point of even having robo advisors?
Just back to conventional investing and dump those AIs.
I thought robo-advisor investment is to simplify investment and eliminate human emotions with disciplined investment strategy (with DCA) and remove the need to even time the market.

This post has been edited by GrumpyNooby: Apr 27 2020, 11:17 PM

I don't like Wahed at all as it doesn't transparency like SAMY.
I don't have visibility and correlation study of Wahed MY to US markets as it is purely driven by local demand in Bursa Malaysia.
I always wanted to withdraw from Wahed since months back.
At least with SAMY, I know where the underperformance comes from narrowed down to specific ETF.
The only thing with SAMY is to put back is the currency gain line. That'll make things perfect.

This post has been edited by GrumpyNooby: Apr 27 2020, 11:36 PM

I did ask those questions in the thread but nobody cares to bother. Well since it's a upward straight line, who cares anyway!

This post has been edited by GrumpyNooby: Apr 27 2020, 11:40 PM

Maybe this could give you some expectation.



It may not be as pretty as one anticipates.

This robo-advisor only does two things:

1. Re-balancing
2. Re-optimization

It's not as grand as you envisioned.