The only good time is "now". As in, the sooner you can start the better.

Anyway I was lucky that I entered the market with StashAway right after the market crashed during March. So I'm looking at a relatively good numbers as of now, about 18% MWR and 16% TWR growth in a month time.
Now...Will there be another crash or it will be a coiling/side way, only time will tell. But I know I made a good decision to start at this difficult time, if there will be another crash, I will happily invest another lump sum in and continue DCA throughout.

Applicable if you are in for a long term investment, and with the money that you don't need in the near future!

Market did amazing yesterday and StashAway reflects lol. It just keeps going up these few days, crazy time.

That's DCA done right.

Just curious, DCA until 50k, and then? What's next?
Cause I have the same goal for now, but what comes afterward? o.O

I have the same question as well, but it does look like it is indeed a daily update routine but the timing is not fixed.
I have been checking in since noon, no update, and just now after dinner I check again it has been updated.

Yeah but...The market is not 24/7. lol

Which article? I'm interested to have a read too, still not very sure how exactly this compound interests thing works.
As what I can understand compound interest does not really work in a stock market because the market don't pay you Interests but dividend.

So the only "compounding" that takes place in the stock market is you reinvest the dividends back to the stocks that you hold. Over time as the company grows, and so does your gain/return, exponentially. It is a very very slow process hence they keep emphasize on the LONG TERM.

By definition, I suppose lol.
What I see the difference between "Interest" and "Dividend" is:

Interests ie FD, I am borrowing my money to an institution/bank, and they are paying me interests for the money that I lent them.
Dividend ie from a Company/Stock, I invested my money into the company/stock, "hoping" that it will grow and make money, and the profit is distributed to the shareholder in the form of Dividend.

Just my 2cents.

Thanks for the link! Just had a read and it makes sense to me, and generally that'is just how investing long term works its magic aka the power of compounding.
Definition of "interests" and "dividend" aside.

Yes, investment can absolutely go south, hence the emphasis of only invest in what you can afford to lose, and or money that you do not need in the short term.

IMO, or at least from what I can understand, long term investing stems on this "constant", that we have confidence that the market will always goes up.
Why the market will always goes up? Because inflation will always be there and it will go up due to the increasing population, as long as the population is on the rise, more people will consume the products the companies make, and the companies will have to keep up with the inflation to remain profitable. If the company cannot keep up, they simple die and go away, new companies with greater innovation will be born and replace the old.

The purpose of investing really, isn't so much about getting rich, but more of a method to make sure the wealth that you have will always beat the inflation. That is why they say, just buy an ETF like S&P 500 and Dow Jones Index and close your eyes and see your wealth grow in one or two decades.

If you hand pick individual stock, make sure you know what companies you are buying into, if their fundamental deteriorates, get out. ETF on the other hand, will always be safe in the long term because they pick the top performing companies to represents the index. If you want to get rich, learn how to pick individual stock, if you want to play it safe and just safe guard your wealth against inflation, buy ETF, reinvest the dividends/interests back to it consistently.

Just my 2cents!

It's the same as General investing, the risk is capped at 22% by default.
The different is it will gives you an idea of how much you need to invest on a monthly basis depending on the time frame and your goal amount.

While bond is a very very low risk investment, that does not means it's impossible to lose money buying bonds. Bonds issuer can go south and default on their payments too lol, however low risk it is but it definitely is there.

Same goes to your Fixed Deposit. If the bank goes under, however unlikely it may be, but the risk is definitely there, even if its 0.01%.

This post has been edited by awyongcarl: May 13 2020, 12:56 PM

I think the whole "China vs the world" thing is greatly exaggerated and is mostly false. It's what the mainstream media wants you to think, cause on the news that certainly makes a more interesting headline.

Hmm interesting, SA is only selling roughly about half of the value of stocks I'm currently holding.

I don't think StashAway has a tier system lol

LOL forgot about that haahahah

Exactly ahahaha I think sometimes people have the wrong idea or mentality when they approach or invest with a Robo-advisor.
Cause every single time the robo did some changes and they "micro-monitoring" (they can't micro-manage it anyway), that kinda implies that they are better than the robo-advisor, in which case they really should just DIY and invest themselves.

I myself do both. I don't think I am better than the robo-advisor, so I invest with StashAway because I like them as a whole, but at the same time I allocate a small amount of saving that I have into the market myself too. Anyone that think they can do better should do both and see if they can outperform StashAway in the same period of time!

I have no issue and in fact quite happy with SA's reoptimization. My portfolios are still going up and looking good.

Personal bias but IMO, China is the future. So I'm quite comfortable holding some investment with the China.

I don't really follow the world news or politics much to comment but I think China is definitely a force to be reckoned with, so I have absolutely no intention to go against the China, I don't necessarily support China but I'm not blind or ignorance either to think China's presence is nonsensical.

On the other hand, US will probably do alright.

In the same day for me, morning did the test, submit the cert through whatsapp, then in the late noon the risk limit has already been lifted.