I'm still in primary school during 2008, so i really know none of you mentioned, Lol. Thanks for the sharing anyway, might take so research when free.

using CIMB bank MY to CIMB bank SG to deposit in Stashaway SG

vs

Transfer wise

anyone know which is faster

Do you have a link so I can lurk?

Thanks so much btw  

Nobody knows.

Nobody sees stock market bouncing back so hard after March 2020 crash.

Nobody sees Tesla to shoot to $900 apart from Cathie Wood who has vested interest in it.

If I am certain where it will go, I won't bother with stashaway and will just YOLO call/put options on Tiger.

This is not even remotely close to "knowledge", it's random walk, your best bet is to dollar cost average - deposit the same amount every week.

That is why investing ETF it is not a simple basket because a lot leg work behind the scenes as it is not to buy with the correct entry price

The 10% is inside their mandate. They cant go bigger even if they wanted too. They did max out that 10% during this pullback recently. So that tells u she still all in with Tesla even now.

Just for your reference, my route for DIY cost about ~RM25~RM35 max per entry, I'll likely able to deposit maximum twice a year given my current financials, so RM50-RM70 a year. Rebalancing cheap because I am going for a simple 2 fund portfolio, and I try to rebalance by depositing without selling. Time wise, research and setting up is maybe 2 days, then I suspect its likely less than half a day a year to keep it running?

That means at RM5000-7000 under Stashaway's management, I hit the breakeven point for annual cost. Any extra money I invest into SA from there onwards cost me more than DIY route. Hence why I really hope SA can bring fees down as soon as possible.

Correction welcomed if my maths are wrong!

This is VERY valid, but I've found that SAMY is far more easier to sell for me. I am one finger-print login and a couple taps away from withdrawing my entire portfolio - it scares me how easy it is, and I would be lying if I wasn't tempted last couple of weeks. In this case, DIY is harder to impulse sell.

Nonono, I am very new to this, every single bit of info and discussion and all viewpoints I am very, very happy to receive, thank you!
Haha, I am damn worried about this too! But ultimately, I am not a speculator (I don't gamble, gacha, or otherwise speculated for my past 20 or so years.) and are very risk averse in general. If my FIRE fails because I had no discipline, that's completely my fault. (Hopefully not)
This is easily my biggest concern right now and a big reason why I see myself staying with SA for a while more - but as it is, and until there is more data to prove otherwise, ERAA sounds no different than "Smart Beta" to me - and I am worried that it'd be just average in 30 years.... then I would have just paid more fees for less.
Absolutely agreed - I've tried to do some backtesting myself but I can't say I am confident in my numbers skill - I just referred to homework someone else done instead, since there is no shortage of bogleheads.

I'm currently looking at a combination of  +AGGU - the index is FTSE All World Index (VWRA is rather new, but VWRD, its distributing version has been around longer) for VWRA and The Bloomberg Barclays Global Aggregate Bond Index for AGGU - AGGU's been long enough for good data.

Let's be honest, how many of you feel comfortable having 6 figure of your life savings in oversea brokers that are not protected by SC Malaysia?

My total fees needed for 1 transaction, for conversion + brokerage fees is approx RM25. Lets say I really hand itchy and I start doing 1k DCA monthly with this route. ( 2.5% fee),
RM12k investment, annual fees is RM300?

Withdrawal is about 0.6% or so, lets say I withdraw 3k every month just for an example, so every month cost RM18 + ~RM8 withdrawal fee, lets call it RM25 too. RM300 on withdrawal.

(In a real scenario, its unlikely that I will still be depositing when I start withdrawing - and by the time I start withdrawing, there should be new fintech fee improvements)

So total expense on napkin math is RM600 a year for me. And this is being really generous because of high frequency very low volume DCA to a foreign brokerage.

----

Stashaway fees: 0.2% to 0.8% (I'm dropping ETF fees since its same/lower on DIY, and conversion fee because its one time and I'm lazy)

At RM50,000 invested, your annual fees are (50000*0.8%) = RM400
At RM100,000 invested, your annual fees are (50000*0.8%)+(50000*0.7%) = RM750
At RM250,000 invested, your annual fees are (50000*0.8%)+(50000*0.7%)+(150000*0.6%) = RM1650
And if you treat SA like your EPF, to make 1mil/2mil then eat off it - it'd go up to RM4900 @ 1mil, RM6900 @ 2mil.

And these numbers are compounding VS flat comparing to DIY.

Most FIRE calculators will suggest that, at 4% withdrawal per year, on a 50/50 portfolio, on a 30 year horizon, that 1% means a drop of about 30% (100%->70%) success rate of the portfolio, if I remember correctly, and a drop of about 55% (100% -> 45%) success rate if it cost another 1%.

So while these number doesn't matter right now, if I stay invested for the next 3 decade, these numbers start to hurt a little, and will hurt more and more and more and it'll only get worst. So I hope you can see why I am tempted to research for a DIY solution. Earnings are not guaranteed, but fees are set in stone.

On the flip side, if SA is returning 20% and DIY is returning 10% then all of these goes out the window, which is a valid point that zstan has brought up.

Please correct if any of my numbers are off! Very napkin math that I typed out during my tea break.

hhhm.. you guys have been calculating the fee 0.8% charge with 1 amount annually. But i know the 0.8% is divided into 12 months assume you do not practice DCA or invest one lump sum.... what if for those who randomly top up at random amount to SA, how would SA calculate 0.8% each month???

i've been lucky that i still manage to run on promo since i started Sept 2019, so i have no clue how it would be, maybe some senior here might know.

Same haha. All in fsm and sa.

60% in asnb alresdy.

So far comfortable l, feel so good.

Funnily, that's how I'm rationalizing my cash holdings, besides the X months of expenses. Eg. what if one day, my mum or bro suddenly needs to borrow RM30k from me lol.

i am actually still testing the SA waters with this 2k fortnightly DCA.
My intention to migrate at least 10% of my EPF funds out. Timeline yet unknown.
i have already 55% of my investment portfolio ex properties in foreign curriencies and gold.

So in reality, SA is still a dip of the toes still at this stage. I am happy if it beats the EPF easily.

Slightly out of topic question, for FSM Managed Portfolio, do you pay 0.5% annual fee for everything, or 0.5% annual fee on top of whatever 1.0~1.5% annual fee per fund under portfolio?

just a quick comparison of ROI performance between FSM Managed portfolio VS SA in 2020...at approximate EQ:FI ratio

Unable to quick Google the sa data...