Robo advisor is just another fancy term only as Asset allocation is decided by human aka via Investment committee and headed by the CIO

Robo advisor only make sure on the execution side particularly on making sure not deviating the allocation set by investment committee 🤦‍♀️

SA losses and debacles wasn’t even caused by the Robo advisor but the human itself through Investment committee with recent KWEB debacle 🤦‍♀️

I mean even after retire you need some equity exposure, what more if you not retire yet.

You dont know your reits making money or not? How come? Reits disclose financial.reports every quarter. How are u buying your reits if u dont mind to share?

Historically, a well run quality MReit should give u an annualized return of 8-10% pa in terms of dividends and price. However, this return can be volatile and your entry points are also important.

Back to stashaway, the robo part is a bit exaggerated lah. Still a lot of human factors. I see it just as a lower cost unit trust.

If you're willing to pay the management fees, just use SA as an ETF buying proxy using SA Flexible. Nothing stopping you from making 1-fund portfolios.

Sold one of my condo in 2020. then paid about RM10-11k monthly to buy into Sunway, Megamall, Pavilion, a hospital sector and office sector over several years. I know my cost is 300k. but everytime they pay dividend the price suddenly drop so no choice have to use dividend to cost aveage down if not rugi more. Even worse, this stupid reit got private placement then price go down even more. So you see all the cost is all mixed up.
I don't know this annualized return% can do for me.
I want to know I paid 300k and when I can get it back with good return.
Better idea is to use dividend and put in apps like StashAway or Versa ?

Why on earth paying minimum 0.8% yearly when you buy fractional units from IBKR easily using Wise 🤦‍♀️

You are just paying close 1% yearly while throwing away money to SA 🤦‍♀️

I don’t you know if you realise or not MREITs love to inflate the value upon dividend announcement and then they will a portion of value of it to distribute as dividends and the unit price will drop to 52 week low 🤦‍♀️

If you still like holding reits then yes you are dividends are better off putting into Versa but not StashAway due to inconsistent returns 🤦‍♀️

Better yet take your dividends from REITs and buy consistent dividends growers like Maybank and Petronas Gas instead

tbh i have no clue. I don't plan to sell them for 10 to 15 years. I would have invested in properties but nowadays ROCE is not what it was back 1999 to 2010.
yeah those 2 stocks sounds good and prolly some utilities like tenaga and Telekom. I don't think these will bankrupt.

There is only a few companies in Malaysia that you meets requirements and unfortunately it is not REITs because it is actually dilution of value while acquiring assets 🤦‍♀️ hence you don’t realise you are actually losing money instead because you are concentrating on dividends not the actual value against the asset price

By far Maybank and Petronas Gas if you did on hold on to 15 years it will grow both in share value and dividends

Tenaga and Telekom share value wise it is mixed outlook but dividends it is consistent because the outlook is mixed as the management future vision and plan is very uncertain due to the board changes which can be manipulated by the govt in power 🤦‍♀️

What makes you think that Petgas has good share value and dividends in the future? It has been moving sideline since 2017 till now

Past few years because of the investment laid on future projects hasn’t been paid off yet

Once that is realised hopefully 2024/2025 it will grow back it was but at least hasn’t dropped that much of others unlike TNB

Petgas, Petdag, Pchem all are not performing very well even though oil price has been going up lately.

They are not doing well because the current investment has not realised yet 🤦‍♀️

The problem is with oil forecasting is very difficult because you have OPEC+ hence Petronas has to be smart in deploying investments during low oil price which many won’t wanna do until it sees high oil prices then only starting invest 🤦‍♀️

This post has been edited by xander2k8: Apr 20 2023, 06:12 PM

Also I think it goes without saying, but please don't take financial advice for retirement planning from a random forumer LOL

At that kind of networth, get a fixed rate/no commission CFP is probably a better idea.

All stock market, unit trust, this new SA or versa all gambling to me. Put money there and hope only.
If i ever retire and need some money will do what I'm importing and distributing now. But change the role... distribute ikan bilis volume.
What I'm importing and selling making margins about 600% to 900% if calculate distributor price to consumer. Very easy to sell if i drop the price to consumer and make say 400% instead of 600% and use lazada instead of physical store.

I did the same as you. Back in 2013, sold my condo. Half of proceeds went to reducing one mortgage, the other half went to reit (pavilion). That was my first individual stock. Exited in 2017, for about 50% profit if include dividends. Focused on other stocks.

Anyway 2020-22 were pretty rough years for reits. U had the MCOs which hit retail reits (shopping centres), office reits and hospitality reits badly. Then 2022 interest rate hikes which is not good for reits.

However last year I started going back to Mreits. Reason being Im seeing light at the end of the tunnel. MCO is over and for major retail reits their revenue now is back or higher than 2019 levels. Interest rate hikes appear to have peaked or very close to peaking now. So things are looking up, in my view. But there are also, as always, some risks..in particular the R word.

FYI Im a DIY investor. I keep track of Stashaway to see their asset allocation models. Stashaway has their ERAA model. I practice my own amateur ERAA too in a way.

You don’t actually put in any money into SA for ERAA asset allocation model as they are quite transparent and publish their insights unlike other robo advisors which you have to put in money before you can see the actual model and allocation being used 🤦‍♀️

that's only if you deposited lump sum in 2000 and never topup a single cent after that. if you do regular DCA, your breakeven will be earlier than 13 years

Been so long gone from SA, I missed first few months of flexible portfolio promotion

I like this new approach as I like their UI and ease of monthly investment, it allows me to devise a portfolio that complements my DIY portfolio while allowing constant investment monthly. I'll admit -- I barely tinkered with my financial stuff for the past half year, I've accumulated quite some "depreciating bullets" now

Soooo.... having an autopilot mode to help me take my money to invest + auto rebalancing of my portfolio, minus the surprise-pikachu.jpg re-opt, sounds like a good fit for me. I removed the auto debits to my existing portfolios (SRI 16 and 36), gonna let this new portfolio run a little first before I decide to "stop loss" and migrate the money over.

Anyway, here's a mandatory "look at my beautiful negatives" screenshot:

stashaway simple offering 4.1% p.a interest rate.
any comment guys?

Anyone using the flexible portfolio to invest in US ETFs?
Or better to use other brokers?

good if you dont in and out often



better use other broker as SA higher fees after promo end