I've been staring at it for a few years too, still not convinced it isn't a massive ponzi scheme built on top of proper future looking technology. When the bubble burst and the tech matures into what it's suppose to be, I'll put my full weight behind it.

In the meantime, I just put 5-10% of my total port into it for suppressing my FOMO - if it goes beyond 15%, then I rebalance it into my core portfolio and secure my earnings

( I bought ETHX/BTCX via Toronto Stock Exchange, trade commission only around 0.1 USD per trade, if you don't own too much and is less strict about "not your wallet, not your coin" maybe can look into it. Maximum TER 1% for these two fund managed by CI Galaxy. Way cheaper than whatever exchange fee/gas fee you might pay. Only downside is if a massive crash happens outside trading hours, you will be a very sad man. I don't mind because I don't own much, and even if it does crash, chances are the DEX will be down from all the traffic and gas fee will skyrocket to a point you cant even cash out anyway - in that sense, a traditional brokerage will probably fare better, LOL!)

This is what my current allocation looks like after exiting Bursa, Stashaway, Wahed, MyTheo and LUNO.



This post has been edited by Hoshiyuu: Nov 9 2021, 01:14 PM

My networth is 🤏 so I really don't have much to lose. Your 0.2% might feed me for a year, but my 10% might be your afternoon tea ^^

Jokes aside, you probably do have a point. I'd rather not fill up the 10% of my port with fully crypto either - thing is, I adopt a 90:10 barbell style investment, and I recently dropped everything else that seems risky or funny in my portfolio, so I just let my crypto balloon bigger without depositing or withdrawing. If I do find something new that I want to try, I would probably cut BTC+ETH down to 5%.

On the bright side, BTC and ETH are probably the least likely to lose its full value overnight. BTC is speculative digital gold to me, but ETH I can see myself believing it without needing to wait 20 years. Here's to PoS.

Re: Greyscale - there's also https://evolveetfs.com/product/etc/$ETC, an ETF that hold BTC/ETH by market cap. Can't vouch for it but you might be interested.

This post has been edited by Hoshiyuu: Nov 9 2021, 01:35 PM

It's on the Toronto Stock Exchange, you might need to enable Canada trading permissions

Disclaimer: I don't hold or plan to buy ETC. I prefer holding ETHX/BTCX individually. Total possible fees are lower.



This post has been edited by Hoshiyuu: Nov 9 2021, 01:53 PM

Yeah its crazy... I can't fault people going crazy over it when I am personally is seeing a 70% (unrealized)profit over 3 months on ETH...

But you know, stay the course and all.

This post has been edited by Hoshiyuu: Nov 9 2021, 01:52 PM

Sorry, terribly slow week. No one even bother to come out complain about KWEB rollercoaster or cash out on thematic during the dip. Gotta keep that SA thread on frontpage somehow 🙈

My principle is no futures or derivatives. It must be physical(lol) asset held by a trust that can payout if the fund manager goes kaput

Hmm, a few things:

1. I don't want to stock pick.

2. I don't believe in dividend chasing (e.g. buying nothing but Maybank until the day I retire)

3. I don't want to trade in a market that is constantly and easily manipulated (IMO).

4. I don't want to trade in a market that has traded sideways for the past decade.

5. Bursa doesn't have the ETF I want to trade.

Couple in all that, on top of the fact that my trading cost somehow remains almost the same if not sometimes cheaper buying international stocks... I really don't see a reason to stay in Bursa at all. I consider touching Bursa my biggest stumble in my investing life so far.

I might be wrong, but I am happy to be corrected. I pretty much intended to exit Bursa the moment I felt confident in Stashaway even.

This post has been edited by Hoshiyuu: Nov 10 2021, 01:46 AM

Better don't get caught in the sunk cost...if you know it's a bad idea, do not wait until break even, just yank out and move on man. You already sitting on the idea a few months now...already paying opportunity cost... Unless you are really commited for the next 5 to 7 years and can stomach the up and downs or sideways... Chinese saying, short pain better than long pain...

This post has been edited by Hoshiyuu: Nov 10 2021, 04:26 PM

If I recall correctly, I believe SA had a 0.5% expense too after rebate, not sure SA Simple projected return has that factored in, it's less clear on SA materials.

I just don't like it for being how troublesome and slow to move in and out...

It's free on SA side, and they even offer to pass through the rebate they get from underlying fund to us, so the net expense is actually all underlying fund fees, they don't charge users anything.

And yeah, I have regularly criticized SA's lack of transparency and less than honest marketing. Their fees structure on core ports as well as SA simple net profit being two of the bigger ones. I do understand that is an angle to easily convince the general public though. The whole "It's simple if you let us handle everything and just believe" is their primary target audience anyway.

Nah, that user bumps the entire finance forum regularly. Sometime he's right, sometime he makes stuff up, win some lose some.

When my personal China overweight plunged by 35%, I didn't even bat an eye, so Stashaway losing ~8% at that point doesn't even register on my radar really. (Single port on SA, 36%)

The pain point was seeing them charge me full fees since my promo codes all ran out and the market only went down then sideways while my DIY portfolio make hand over fist at lower fees.

Winners rotate, and I thought of when Stashaway is winning again, I would be paying less fee for my DIY to trade sideways - so I fully exited Stashaway and do everything by myself.

I really hate the idea that no matter if I make or lose money, Stashaway already makes money from me regardless 🤣

This post has been edited by Hoshiyuu: Nov 18 2021, 11:26 AM

Yeah, that was my line of thought too. It didn't make sense to have a portfolio of portfolios, and their investing philosophy is quite different at actively investing VS stashing away mentality. (Funny enough, this is my most common criticism of most SA users - "actively investing" on SA, monitoring and timing it, and so on. I don't regret my time in SA, but I certainly don't need it now.

I'm still in and not realized my losses yet for China funds (it isn't much). Haven't need the money, but will likely sell the whole thing in a few months and roll it into my core portfolio with no more overweighting. Consider it a tuition fee to remind me not to gamble.

(imagine the X axis is in decades e.g. 2020, 2030, 2040, 2050, 2060...)

I'm gonna bring this picture back out again

This post has been edited by Hoshiyuu: Nov 23 2021, 09:15 PM

I think it was a hypothetical question using bond fund as example

But no need to be so aggressive la guys, chill... Everyone is new to the thread at some point. If don't even allow room for discussion or correcting unrealistic expectations, then we'll really just be a bunch of people that have a vested interest in SA circlejerking and bombing anyone who doesn't sing song and praise while looking at temporary losses...

This post has been edited by Hoshiyuu: Nov 24 2021, 02:00 PM

Great post, really brings some fresh insight for my portfolio consideration, thank you so much for the write up.

Many people are cashing out most of it before 55 for nonsense too 🙂

This post has been edited by Hoshiyuu: Nov 25 2021, 11:13 AM

Which portfolio?