Might as well I transfer from my bank acc directly then. At least that's a couple days faster

Sounds like a good year for SA this time around. I have 11.76% TWR on my 22% portfolio. Though just 11.04% on my 36% portfolio

Got glitch? Where? My account seems ok

Ah ok it affects direct deposits.

I don't have direct deposits with SA. My money goes in via JomPay instead.

https://vulcanpost.com/707206/stashaway-mal...ct-debit-issue/

SAMY femes rd kek

So far I see that they have only reached out to those accounts that have been affected. Though I'm not affected since I used JomPay, i also wanna know what happened since they are managing my money, but no emails came to me about it.

Not so good news for our existing assets that are already in USD

But at least its cheaper to buy into it those assets now

Keep DCA-ing

Why didn't they send this to all customers, not just the ones who are affected?

I would also wanna know what happened. But luckily got this forum

One could also use manual debiting methods like Interbank GIRO and JomPay too. Also won't have auto debit issue.

Plus its a bit faster since your money in Simple needs a few extra days to be liquidated and then only can be used to buy the units in the normal investment accounts.

Oh, thats really nice of them to make sure your 6 months doesn't clash with existing referral

I wish they did the same for me when I reviewed them on Google Play. They gave a 3 month free management promo, but it had to run concurrently with an existing referral promo I had and so wasted sia

Am waiting for this too. I was surprised when they didn't revise the projected rate even after the OPR cut back in July.

With quite a few ppl expecting another 25 bps cut in Sept, it would be interesting to see what happens next

Quite a big drop yesterday. But at least I'm still in the green.

GLD is the biggest loser. -5% drop since 1 month

Why are people so concerned over the drop lol? It's just a minor correction. After all, we invest in here for long term kan? Drop a bit is pretty normal. It should resurge sooner or later

Same. Just today I go top up. Janji now can buy cheap

One thing I always wondered. Since one can easily see his/her holdings in Stashaway, wouldn't it be possible for anyone to just replicate the holdings they see in another broker say like eToro? I recently checked and every ETF that Stashaway uses can be bought on eToro or some other broker as well.

Wouldn't this entail more cost savings since you don't need to pay any management fee to SA, especially if you have a fairly large investment amount (RM 50k - RM 100k). You would be exposed to the same risks as in SA since the ETFs are the same and the currency conversion will happen anyway. The ETF expense ratio needs to be paid too. The only fee you need to pay is the spreads for using an online broker, but I suspect this should be cheaper than SA's management fee.

In terms of SA sometimes changing their portfolio, it should be no big deal. They very rarely rebalance or reallocate their portfolio anyway (Historically they only reoptimise once a year). If you still have some money within the app, you can easily see the results of any reoptimisation / rebalance excerise and can do it yourself if you want to. Shouldn't take long too since its just selling and buying ETFs in a liquid market

Not sure if my logic makes sense or not. Feel free to let me know otherwise

This post has been edited by Eurobeater: Oct 25 2020, 11:50 PM

I'm a bit surprised at this cap of risk. Mine was never restricted when I first signed up in May. I can access all 12 portfolios even at the highest risks of 36% risk level without taking any tests. How they evaluate the suitability of the investors during onboarding, I wonder.

I probably was lucky that I started investing near the trough in March. Since then I just DCA every two weeks. I had to increase the amount when I realised I'm holding on to a lot of cash.

So far my investments are positive despite the fall in GLD. Still this is luck I suppose.

I got lucky and beat the market on my first try

If you don't mind, would it be possible for you to share with us what you may have changed? No need to specific figures, range or numbers like salary is RM100k - RM 120k per year also can.

Reason being is to understand the circumstances that may have prompted SA to suggest lowering your portfolio risk.