The problem with a lot of investing advice blindly repeating the 60:40 advice is that it's based on data from WEIRD (Western educated, Industrialised, Rich, and Democratic) demographics of people, especially American demographics which are very skewed and not applicable to a lot of countries where there are built in economic safety nets from government and/or benefits like healthcare etc.

The fact of Malaysians is, generally speaking, we have pretty decent social security in the form of EPF/ASNB/SSPN with a somewhat underdeveloped economy that has room to grow, so if you are earning well enough to have the spare money to invest, you're already contributing regularly to EPF/ASNB/SSPN, and you're young + are aiming for growth rather than preservation + are willing to tolerate risk, then when it comes to self investing for retirement specifically, one should ideally aim for equities-heavy portfolio.

This post has been edited by DragonReine: Apr 30 2021, 09:06 PM

When did you invest? It's money market, dividends paid out on 6th, "returns" look lower because unit price reduced to pay dividends which you'll see in cash form.

Your unit count is the same but NAV lower, you check assets there should have dividends in the form of cash.

Where did you get the 0.0008 per unit from? MMF dividends fluctuate, don't base entirely on SA's projected rates. PRUISIN is going on a downward trend at least for next few months while OPR remains low, following information from Morningstar:

SA Simple is money market, you have to treat more like a fixed deposit with a bit extra liquidity, or a high yield savings account. At only around 2.x% per annum it's not that much better than FD.

Don't keep too much there, it's best for emergency fund storage or for short term cash you wish to park and eventually DCA into SA's regular portfolios.

🤔 not sure then, just checked my dividends, mine is actually a little higher than 0.0008 per unit lol

beats me 😅 tbh I'm already making full withdrawal because hit goal for short term LOL

Why would someone invest in SA for 6 months then lari lol, barely can see any gains 😅

The management fees are so low once you go more than 100k, the only way to get less is to DIY ETFs

honestly I don't care about fees as long as nett gains are higher than 5.5% pa

This post has been edited by DragonReine: May 7 2021, 12:00 PM

🤣🤣 I have higher yield DIY stonks portfolio, I treat SA more like a liquid EPF in my portfolio "forced" long term passive investment LOL, so anything higher than EPF is just cherry on top

This post has been edited by DragonReine: May 7 2021, 12:38 PM

So far better, but I'm a conservative investor and I only started a few years back mostly blue chip dividend stocks, and I lucked out on investing in a bit of glove stocks just when it was starting to rise, all in all only 7-8% pa on average right now. Whether this stays up is another problem I'll worry about 10 years later LOLOLOL

But back on topic, I don't think SA will outperform pure equities market because it's very heavily diversified and risk-managed, which is why I said my benchmark is around EPF level haha

This post has been edited by DragonReine: May 7 2021, 11:11 PM

Agreed. SA's strategy is for diversified asset classes and risk management, which lowers volatility at the cost of lower capital gains.

If people want rocket to moon, SA is not the platform for it, KWEB notwithstanding

Basically these two things put together is giving you an underperforming portfolio right now.

36%SRI invests heavily in KWEB which was overvalued and at ATH (all time high) during February at easily 80+ USD per unit. Subsequently it has dropped down to a more logical amount of 72-ish per unit. that 10 usd reduction will impact your portfolio seriously at least for short term

Gotta stick around for at least a year or two 😅😅 you entered at the wrong time really.

This post has been edited by DragonReine: May 8 2021, 12:20 PM

It would depend if the underlying ETFs would actually rocket up in the long term long enough to keep up with S&P500 🤣 I'm not an expect, so I might be wrong, but I suspect current performance has a lot to do with the management at SA picking very good ETFs that in combination have balanced out each other so that overall performance is still good even with volatility (see: recently KWEB dropping but US still steadily equities going up). Freddy already said they're going to reoptimize eventually, so we'll see how it goes. I guess they're holding to current portfolio and haven't yet invested in ESG yet because of how ESG isn't really properly enforced and implemented yet and the current tendency to underperform.

Yeah 🤣 this is why DCA strategy helps for volatile markets like equities and riskier stuff.

Well technically speaking I actually have a "set" goal which is fixed (stored in Simple), and then I have a "bonus" goal which is extra money that I can use for unnecessary wants (stored in low risk SRI since last year), any number in between is what I meant by short term goal hehe

since I needed the money in the next two weeks I decided to lock in my current earnings and withdraw before volatility tanks my portfolio unexpectedly haha

KWEB looks to be about stable now, at least for the moment, who knows what might happen in the future.

That said, MYR is moderately strong and USD is a bit weak, so now's a good time as any if judge based on forex 🤣

SA's ETFs are traded in USD, so SA needs to convert your deposits into USD before they can buy units. Conversely, when you "withdraw", they sell off units and convert the USD earned into MYR before deposit into your savings account.

So if MYR strong during buy time, can convert to more USD, if weak then less USD.

Then if MYR get stronger during withdraw, your gains/losses might not be as high as when MYR is weak during withdrawal.

Consider the following:

1) Are you comfortable with risk? SA's investing by nature there's ups and downs, some days you'll see your portfolio record as losing money unlike EPF where it's "guaranteed" and there will be no recorded losses. If turbulence and seeing -ve returns makes you panic/can't sleep at night then don't invest in SA.

2) Are you confident that SA's returns over the years will beat EPF dividend rates and you're able to stay invested for at least medium to long term (minimum 5 years)? If you're withdrawing because you're due to retire, don't put in SA (no time for equities market compounding growth to work + low risk portfolios don't beat EPF's dividends rate so far). If you're withdrawing because i-Sinar and/or you already exceed 1million, then maybe can consider, ask yourself Question #1 again.

Xander is a VA strategy investor not a DCA one

The thing with equities is that how and when it goes up and down is half guesswork, half luck.

Recent example for example, no one could have predicted that pandemic happen worldwide and cause market to crash, and similarly no one could have predicted that so fast after the pandemic there was a big bull run in market especially in Chinese tech stocks. Similarly no one expected China to suddenly so swiftly clamp down on market enough to push those same stocks down.

What IS constant is that in the very long run, things eventually go up. At least for the past few decades la So key is to stay invested and don't put all your eggs in one basket, haha

So far nothing indicates that the ETFs in SAMY are going to fail badly la, if that's the assurance you need.

This post has been edited by DragonReine: May 13 2021, 09:14 PM

- deleted, duplicate post -

This post has been edited by DragonReine: May 13 2021, 09:12 PM