Overall, I'm at -5.75% returns The defaults dragging it down. Three years ago when I started, I was going around preaching to my buddies about how P2P is going to be 'next big thing'. Boy did I mess up, haha.

Now tone change a bit. StashAway is going to be the next big thing!

It's Investing.com

i think this is a good idea!

but i have a question to add, maybe others can help answer.

if say i didn't want to create a new portfolio and instead change my 36% to 30%, would that be a smart move? means my portfolio would have to sell/buy funds to re-allocate into the new 30% portfolio. i'm just worried that i might incur transaction costs. i don't see it on the app (when a transaction to buy/sell ETF is made), but maybe it's built into the spread?

this reply reminds me a lot about the recent book i read, A Random Walk Down Wall Street.

the author said in our investment portfolio, try to find our balance between eating well vs sleeping well which i thought was quite clever. eat well means take more risk, sleep well means take less risk.

Same here! I park my funds in RHB Cash Management (in FSM) which gives similar returns. So unless, parking my funds in StashAway Simple means i can 'immediate' top up my regular StashAway funds from there, no point having 2 parking accounts.

but still, StashAway Simple is a good avenue if one is looking for something better than FD.

yea agreed. they could have just said that StashAway Simple rates (2.4%) are better than FD rates (1.8% - 2.0%) then leave it at that.

i have a feeling the article more targeted to those FD rate hunters where they transfer fresh funds from one bank to another with minimum lock-in periods (~ 1 year). The rates for those FD promos quite high ler, close to 3.0% wan. but the effort to constantly transfer funds and long lock-in period is a huge deal-breaker, for me at least.

the summary of the last few days:
- "omg, second wave virus" - sell EVERYTHING
- "ei, USA gomen will print money" - buy EVERYTHING

Invested since July 2019 in 36% highest risk portfolio:
TWR: 5.7%
MWR: 27.3%
ROI: 7.6%

The MWR quite inflated coz starting from Feb 2020, I decided to quit P2P Lending and gradually transfer all the repayments to StashAway. Ngam ngam market crashed. So you can say I 'accidentally' timed the market.

hey this is awesome!

did they send an email or notification of any sorts that they will soon 'force' you to revert to the new allocation?

P/S: look at the XLE (Energy) share, my goodness. deteriorated until left 0%. i'm guessing they never rebalanced coz there was no DCA into this portfolio?

This post has been edited by encikbuta: Jun 17 2020, 10:41 AM

i actually took the quiz a few months back and only scored 80%. i didn't read about the 90% min requirement so i just submitted my results to SA.

they replied that although i didn't fulfill the minimum 90% score, they are fine to just unlock the highest risk portfolio for me

hopefully they give u the same leeway as well, haha.

oh this is something new. i only started investing in July 2019 so no chance to receive tax refund.

i thought the dividend we receive alrdy deducted the mandatory 30% withholding tax. so we can actually get some of the portion back? very cool.

haha was about to say the same as well!

my holdings are almost full on equities as far as i can remember. no goodies for us

Thanks for sharing. One can only hope SA follows suit.

That, or Syfe sets up shop in Msia

This 'research' done in 2016 so may be a bit outdated ler. But it kinda challenged my thinking that most actively managed mutual funds under perform the market (index). I guess it's true for USA but things looks a bit different in Malaysia. Wish someone would renew this research for year 2020, haha.

Link: https://klse.i3investor.com/blogs/invest_ma..._Performing.jsp

36% portfolio gang, brace for impact tonight

China shares lead Asian retreat on Sino-U.S. tensions

looking at the snapshot, the 20% GLD weightage in our 36% portfolio managed to cushion the drop yesterday.

that said tho i am still a gold hater, haha! GLD is an awesome asset to hold now when the economy is so unsure of itself. but once this all blows over, GLD will just go back to being stagnant and other EQ will begin to rise at a higher rate.

however, maybe it makes sense for a dynamic model like STASHAWAY to hold GLD right now. later when the economy recovers, STASHAWAY would pandai pandai switch back to full EQ portfolio. so we're kinda depending on their system to time the market.


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oh i use investing.com but i quite extra la.

i religiously update the unit purchases on the app/website to properly mirror my actual portfolio. it can get quite tedious but i enjoy it coz get to see immediately how it does after i wake up.

haha.

religiously, i.e. have to check the transaction tab daily coz they might re-invest dividends or make minor purchases to rebalance portfolio.

the powah of market timing, haha! anyway, i didn't do it on purpose

ngam ngam i got fed up with P2P Lending and decided to gradually transfer all my repayments to StashAway, it was when the market was crashing (March 2020 onwards).

i've only stuck with a 36% portfolio and have been DCA-ing RM500 since July 2019. my TWR sits at 13.52%.


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man, i'm all about independently written articles but this one tastes a bit sour, haha.

question on this article: he said independent advisor like him can offer 0% sales charge but don't they (independent advisor) charge per annum management fee on our assets?