Thanks

Have been checking this the whole of last week. Up till today its still held as cash, on 36 risk with 11% in cash so theyre definitely still holding. Its been so long that my DCA auto deposit has already deposited another amount for this week..

Is your account already verified?

i think you straight ask their cs for this, never heard they hold cash for such long

yeap been here since Nov last year. Will check with CS

thats weird, please update us on the outcome. thanks

stashaway is like ASNB? or you need to choose the fund?

dont need, they already choose the portfolio combination for you according your risk profile

bro wanna ask... i am testing water with this... the fees is on a monthly basis...so my investment will goes down on monthly basis unless my portfolio making some bucks to cover that up.. does it also mean i can see the result on monthly basis? as if it give me better return or not performing even if its minor?

Your portfolio value is updated daily. And of course the portfolio should grow fast enough to pay for the management fee, don't forgot the total fee is bout 1/2 of what normal unit trusts charge per year.

can i tailor my own portfolio if i wanted to?

Say i just want to invest in S&P 500 100% and nothing else. Can I do that?

no bro, you can't, in that case you might as well use DIY method to invest in S&P 500, because why would you want to give them the management fee just to invest in S&P500

any recommendation on where to just get S&P 500 that is cheap and convenient?

I saw the DIY thread, it looks like i need to hoop money to multiple parties and websites, i just want something simple and denominated in USD.

so far i think no, in Malaysia the CHEAPEST way to buy malaysia ETF should be the way proposed by alexkos in his DIY post already.

I am not sure if Malaysia Bank foreign share trading offer to US ETF investment, but certainly it is not CHEAPEST, It will cause a painful cost of each buy and sell transaction.

I was previously like you, want to find a way to just invest in S&P 500, but to no avail, I can't seem to find a cheapest yet easy way, because you can't run away from:

1) FX convertion, you need convert MYR to USD to buy US ETF
2) a Cheap broker
3) A easy yet cheap way to fund your account at broker side

So end out I chose StashAway, thou it is not 100% focusing on S&P500, but somehow it has its benefit of below which i mentioned previously:



This post has been edited by tadashi987: Mar 27 2019, 08:11 PM

That's the best way. Cheap way. If you don't want go through all the hoops to save caah then open IB whitelabel account and fund it directly using Malaysian banks.

Of course, keep in mind if you buy from Malaysian banks, be prepared to pay more. Higher exchange rates, higher commission, dividend fees, maintenance fees.

Of course Malaysian banks have been known to block transaction to IB. So yeah the hoops help to unblock those restrictions.

This post has been edited by Ramjade: Mar 27 2019, 08:23 PM

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This post has been edited by j0nn: Apr 1 2019, 03:18 PM

hehe, want cheap but want easy, investor nowadays =D

sigh, it is cheap and easy for oversea countries, they even can buy ETF free of charge from broker like FirstTrader etc, only us Malaysian, most of the time dont even accepted by this foreign broker

Like FirstTrader, when i sign up, really darn sad to see they accept Singaporean but not Malaysian, Malaysian too ulu la

Haha, on a lighter note, Malaysians generally want free stuff, if free stuff not good, no. 1 complain.

SA is cheap and good enough for me.havent paid any annual fee yet and not planning to anytime soon thanks to referrals!

Good for you