Trustee with ID verification should be in 3 days max so all in all a week your account to be set up
Not yet now only it is only called preview sale 
Nah all shielded from from Tesla

If you invested in Wahed you gonna cry now at least 10% in the red

Anytime is a good time to invest only thing you need to look at the money term horizon and your risk appetite to determine what kind of investor you’re

There’s is no right or wrong only strategy that your thinking at which determine what kind investment you’re suitable at

Try baby step before going to major leagues
In fact it is falling to pre Xmas levels when the market was heating up

KWEB been heating up too much already showing 3 cycles of growth which I know a lot are even nervous buying options of KWEB hitting 115 by April which thankfully i didn’t buy in because of the technicals

If your money are still profitable in others why bother about KWEB because there is always room for you to make money anytime in any markets

1st time takes at least a week

After that will be smoother it will take 3 day so to reflect in your portfolio

The flow of transaction of buy is as follows

Deposit to Citibank under Pacific Trustee will take a day together with FX conversion
Once that’s is verified robo will calculate buy order and send the instructions the broker used to execute the buy order in Saxo which takes another or 2 depending on the market
Day 3  or 4 your portfolio will be shown together with the underlying assets and allocation

Unless you want fast go ahead open IBKR or TSG account used that to trade then

Those are DIY brokerage accounts to trade US stocks and etfs.

Can also consider Tiger Brokers.

Maybe? Just check the commissions and charges first.

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.

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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.

Why not 7 figures because 0.2% management fee a year?

You don’t forget 0.2% is nothing when you investing 7 figures and it’s cheP by comparison because any rise in 1% will offset the cost yearly

Which is why you should be at 30% more diversified rather concentrated 36% if you are worried about the crash but with your amount highly unlikely to be severed because you got to remember GLD is hedging for KWEB at the same percentage in 36% hence GLD temporary low because the attention to bitcoin to SLV which won’t be long the money is coming back to GLD

Prorated as in if I have 1,000,001, only the RM1 will be 0.2%? :confused:

No, there's another rule which is to monitor your holdings. Not blindly dump money in and hope for the best.

Remember that things change, economy and politics change, greats can fall and new ones rise in its wake. Back then people advocate for buying oil, tobacco companies for "long term". Now such companies are seen as lesser growth, although for the moment still stable, and now people will focus on technology and AI and ESG.

Being a smart investor/fund manager means yes, to an extent you must keep an eye on what's happening with your investments and why. Even for this case as consumers of SAMY, you should monitor the direction of SA and their approach to choosing ETFs, as well as their strength as a company in terms of longevity.

What do you mean keep buy and sell? They reoptimised like once maybe twice in a year. Is that too much for you?

Long term investment also needs periodic review to see if any adjustments are necessary.

Think it was mentioned before also, if someone is strongly opinionated in their investment strategies, then stashaway is not for them since it cant be manually controlled apart from the risk %.

That said tho, pretty interested to know why they chose australia for the reoptimisation.

then i would suggest you to ignore everything and just look at the MWR   no need bother about reoptimisation as long as you  profit

then switch over to Wahed. they never change their funds for years

The last update lasted 14 months.

The alternative is open a brokerage account and go full on boglehead: buy VWRA and hold. That's as passive as investment can get.

They are actually very smart about taking profit from US equities from their ATH. According to every cycle analysis US been in a inflational growth and very overvalue. I agree with their decision on US reits, emerging market and China equities.  I am comfortable with managed portfolio tat make rebalance based on changes in macroeconomy instead of sticking to one etf then i might as well dca myself. 
Perhaps you are the one who need to read more on the news, CPI, debts ratio, M3, 10 years treasury bond yields.

You made up the AI part, Stashaway doesn't use AI.

They literally wrote a blog post and sent an email explaining why the switch, and you are here commenting as if they are making the move without explaining.