All of SAMY's current portfolios have 19-20% commodities/gold etf weightage regardless of SRI

Raya Holidays, nothing being processed in the meantime 🤣

Simple withdrawal is 3 to 5 business days, dependant on the processing time of Eastspring Investments and StashAway both, and then after that GIRO processing time. With weekends and public holidays it can take a calendar week or longer, if you/Eastspring/StashAway transact after cutoff time(s) for respective services.

Future users should be aware of the withdrawal time for Simple before deciding whether Simple is appropriate for their needs and goals.

Regular is longer, takes 4 to 5 business days 🤣 it takes time to sell securities, convert funds, then wire funds to you



This post has been edited by DragonReine: May 18 2021, 09:30 AM

IMO, not really, because SA investments into ETFs which themselves are a basket of diversified stock picks.

To some this might seem like SA put too much into US-based equities, but if you look at the underlying ETFs' portfolios it's actually pretty balanced, at least in terms of sectors (small vs large cap, type of industry etc.).

Following is SA's description of the US Equities ETFs in SRI 26%, you can go look those up on other sites for more in depth reviews of their portfolio.

Won't ever happen like that on SA hahaha, SA's ERAA won't allow them to over-allocate like that because it's incredibly risky (link is SASG but SAMY uses exact same method): https://www.stashaway.sg/r/stashaways-asset...ation-framework

Scroll down to Pillar I: Economic Regimes Determine Asset Allocation and onwards for specific scenarios on why you'll never get 100% DJI and/or S&P 500 with SA's approach to risk management. They went into specifics about why they added non-US economies into their recent reoptimization here: https://www.stashaway.my/r/portfolio-reopti...-global-economy

If your goal is 100% in those markets you'll have to DIY, cheaper to DIY anyways but initial entry cost GG la, check here: https://forum.lowyat.net/topic/4744515

This post has been edited by DragonReine: May 20 2021, 10:35 PM

Have to track the underlying ETFs on other sites. SA will show "planned dividend" in assets when they're in the process of receiving dividends but if you want to get actual declared rate have to follow the individual ETFs elsewhere like MarketChameleon

For 36 SRI most of the ETFs pay on incidental/annual basis, since they're equities heavy fund which don't give steady monthly dividends like bonds.

Actually SA ETF withdrawal time is 4 to 5 business days. Sell order 1-2 business days, convert to MYR currency around 1 biz day, then transfer to your bank account around another business day.

As for whether want to park emergency funds there, I won't recommend it as emergency funds should stay constant. "Growth" should be the least of your priorities for choosing a place to park emergency funds.

Even 6% SRI have a chance to dip into negative if market turns bad, and when economy bad is when you're most likely to need emergency funds in case you get fired or lose source of income.

If you really want "growth" the safest and easiest way to grow emergency funds would be high yield savings accounts, or some hybrid FD+SA products like Frank by OCBC which can give you around FD rates of interest, with the advantage of instant withdrawal time.

This post has been edited by DragonReine: May 23 2021, 08:28 PM

You cannot use S&P 500 for benchmark

1) SRI 36 actually has only 39% in "US Equities" made of several ETFs which themselves are a basket of multiple stocks, many of which do NOT follow S&P500 pattern

2) A significant chunk is also in "International Equities" ETFs which do not follow S&P500 pattern

better for you to actually study the underlying ETFs of each asset instead of blindly assuming that "US Equities" means S&P500 performance.

No. There's no "gifting" or transfer to 3rd party option because it breaks KYC and anti-fraud/anti-bribery/anti-corruption measures. StashAway is investment account, not a digital asset/e-wallet, so transferring investments that way will cause a lot of issues related to market volatility.

This post has been edited by DragonReine: May 26 2021, 06:05 PM

in theory, pooling together can help push y'alls fees to a higher tier which in theory is lesser fees.

However bear in mind the two following very significant problems:
1) There are no joint accounts in SA, so a "shared" account will only be in your sole name or in your wife's sole name. This may potentially cause problems in the event of an emergency (sudden death or total disability where the account owner loses the capability to make decisions) or a separation, the one whose name isn't linked to that account will not be able to assess their money without the help of a lawyer and a will/nupital agreement.
2) The two of you might have different risk tolerance and might have disagreements on how to manage the investment.

In practice and for practicality sake, just maintain separate accounts. functionally it makes no difference in terms of overall profits to pool together since SA invests in the exact same basket of ETFs, maybe small changes and differences between the two of you due to risk and account settings, but most likely negligible.

This post has been edited by DragonReine: May 27 2021, 01:05 AM

The 6 months free will take effect, it's literally described like this in the page for Refer A Friend code:



Basically, you both get RM30k in investment portfolios managed for free for 6 months regardless whether your referral deposit in Simple or regular portfolio, but if deposit in Simple only then the 6 months is "wasted" because there's no fees, they won't "carry forward" the 6 months when a few months after referral code is activated you and/or friend finally decide to open regular investment portfolio.

This post has been edited by DragonReine: May 28 2021, 01:25 PM

If you want to calculate dividends that much might as well throw money shares in MAYBANK, TENAGA, PBBANK, NESTLE etc. Or better yet, put money in EPF/SSPN/ASB.

Especially if you're investing in higher risk portfolio with low allocation of bonds, why should it matter how much dividends you get? The point of equities is capital gains, not dividends.

What to be so calculative of fractional shares and dividend payouts for what use? If you spend so much time calculating down to 8 decimal points of a % then you're better off DIY-ing since SA isn't really designed for those who are calculative of risk or have the large investing capital to care about fractional shares.

Most of SA's ETFs are only a few dozen cents per unit, and given the high price of units it's not worth caring unless you're investing in the hundreds of thousands.

This post has been edited by DragonReine: May 29 2021, 12:43 PM

Simple to Portfolio is around like this

T+3 to convert from Simple MMF units to cash
T+1 to convert to USD
T+1 to execute buy order and reflect that in account

Total is as CS mentioned around 5 to 6 business days.

Jompay and direct debit usually after trustee account and direct debit mandate set up, is 2-3 business days only.

If your goal is to DCA from Simple you must accept that timing the market is completely out of the question, the "delay" is the cost of convenience (no need another app to park money in MMF.

Although if you're using SA you shouldn't be timing the.market to begin with lol because of the days long processing time.

Sounded like lee82gx got a flexi loan which has a linked current account, so what they can do is put cash in that current account to reduce interest, then withdraw money from that account if needed.

It's actually a good option for emergency caah parking too

Very tiny movement (forex changes) + Monday is non-business day in US, so no changes in USD value. Will only expect numbers to move again around tomorrow noon.

Ref-1 is fixed. It's basically your identifying number in SAMY to know that the amount received is intended for you. No matter if you make new portfolio, delete portfolio etc, your Ref-1 will remain fixed.

I've never had to change Ref-1 since I first made account, just saved in favorites in my banking account for Jompay.

What you need to instruct in SAMY is how much money you're planning to deposit, and if multiple portfolio how much from that deposit amount you want to allocate to each portfolio.

This post has been edited by DragonReine: Jun 4 2021, 02:39 PM

Last 3 months uptrend? You've been DCA-ing on a downtrend actually, KWEB fell from ATH in March down to its current price point.

DCA strategy, any time is good time. Key point is that you hold for long term.

However note that for StashAway because of their diversified strategy, you cannot target ETFs in specific region as much as you'd want, even the highest allocation for US region which is 30% SRI for USD-based portfolios is only a little over half of the whole portfolio's weightage.



And of that, it's a mix of bonds and equities, so if you want full equities it's not going to happen in SA.

You can just make an account without deposting anything yet and then check out the specific ETFs for each SRI, and do your due diligence on the ETFs of each portfolio

This post has been edited by DragonReine: Jun 6 2021, 06:27 PM

The "automated" part is when you choose goals and they "advise" you which risk index is best based on your goals and financial profile, this is how robo advisors like SA, Wahed etc. generally work (unlike agent/human financial who give their advise based on their own experience, or DIY which is based on your own experience).

However the composition of ETFs within portfolios themselves is managed by human.