You should come swing by our LYN's Bogleheads thread Bogleheads Local Chapter [Malaysia Edisi], feel like you'd belong there

Me myself are pretty happy with owning 30-40% international, non-US stocks, so my portfolio is VWRA (all world large-mid caps by market weight) + a little filtered small cap via AVUV/AVDV.

I pinged you not in the context of Stashaway, but in context of DIY - because both VT and SCHD generates quite a bit of dividend,
I think I've done the math before, DCA into VT vs VWRA for 7 years, VWRA will outperform VT by about 0.5% annualized return from dividend alone, whether that is large or small is up to you.
But SCHD's dividend heavy-ness will hurt your returns quite badly with the 30% withholding tax, are you sure you don't want to look for Irish-domiciled equivalent?

Have you got your IBKR account approved yet?

Let's not derail the thread too too much if you are looking forward to a discussion though, why not drop a reply on that thread and talk about what you are looking for?

I'm always a strong promoter of VWRA and chill, sleep well with average returns. - and if that ETF drops to 0, the world has bigger problem to worry about

Davidtcf always have a list of decent Irish domiciled ETF list with him too:

This post has been edited by Hoshiyuu: Mar 15 2022, 02:08 PM

Thanks to many effort from the DIY S&P500 thread initiative from Alexkos , a long standing guide by polarzbearz of Ringgitfreedom, and recent rise to fame and mainstream success + promotion by Ziet Inv, and many contributors on the IBKR thread such as Ramjade, most of the quirks of investing via IBKR has been worked out, and most of the regular user of this platform including me has streamlined the process down to a tick. (It takes me about 5minute to finish my monthly deposit, and 5 more minute to finish buying.) Of course, having IBKR account set to margin helps a lot to smooth out the post-deposit bump.

So if you ever want to give IBKR another try, swing by Boglehead/IBKR thread, or use these funding resources:
https://ringgitfreedom.com/investing/beginn...-from-malaysia/
https://www.instagram.com/p/CL27ThUniqD/

https://www.youtube.com/watch?v=_4KJY8MVC5g

This post has been edited by Hoshiyuu: Mar 15 2022, 02:23 PM

RIP, Maybank SG really dragging it out when even IBKR has approved you without depositing. Should have went with CIMB

Big fan of BRK.B, my portfolio has 0.62926% of BRK.B

(in case this got wooshed, I am making a owning BRK.B by market weight joke )

-deleted-

This post has been edited by Hoshiyuu: Mar 17 2022, 01:17 AM

Personally I exited November 2021 (started March 2021) after I learned more about DIY and decided I never ever want to worry "if I bought the wrong thing" ever again;

Then KWEB rolled around, at that point I still advocated that winners rotate, there isn't anything fundamentally wrong with having KWEB in the portfolio ( most 36% port was -10% reported at this point)

But then they started pushing Thematics and FoTM sector ETF that is well known for taking on uncompensated risk, and I urged all my friends and family to leave because Stashaway has revealed to be nothing but another mediocre fund chasing AUM, with the only good side being good UX and low fee compared to UTs.

About 2 months before this I finally convinced my dad to leave Stashaway too, so he too only left with an about 8% loss. And luckily I asked him to do so early, because of all the things I expected out of Stashaway, I didn't expect them to cut KWEB citing largely bullshit concern at current valuation, AFTER holding it through hell and beyond peppered by public opinion for ~1 year. (And the fact that they had good relationship enough with Kraneshare to put out a KWEB PR video irked me the wrong way)

IMO whether it rise afterward right after Stashaway cut KWEB off is largely an irrelevant concern if anyone is thinking if they should stay or leave - the market is largely unpredictable, TA/FA is horoscope for individual investing - Stashaway just happen to lose one more coin toss on exit timing.

Whether someone decide to stay or leave Stashaway now should entirely based on how Stashaway pick their ETFs, how have they managed it, and whether its justifiable, and if the fee is still worth it, I think.

Is it just a really bad time because between COVID, China crackdown, and Ukraine-Russian war causing economic regime to shift rapidly warranting ERAA's action every other quarter?

Or Freddy and his team are a lot less risk adverse than they thought, sold out their customer for some kickback from Kraneshares, partnered with them to make smokescreen videos, and are just churning through customers for that sweet sweet 0.8% management fee?

That'll be up to individual customer to decide... opinions welcomed.

But I do expect SGH to start asking me if those with small capital (e.g. $100) can buy in ETF or not again every time I bring DIY up. Which is odd to me because back when I started my DIY, I was barely commiting RM200 a month to it... Just need to be careful with the flow, deposit intervals, portfolio choice and it'd still easily cost less than Stashaway's 0.8%.

(e.g. free US trades and buying only VT/VXUS until portfolio size grows to a point where LSE transaction fee exceeds losses in withholding tax difference)

Of course, there's always a choice for those that prefer simplicity. But I am not sure if I ever want to be at the mercy of a Robo/some fund manager ever again.

This post has been edited by Hoshiyuu: Mar 17 2022, 01:17 AM

I am surprised by the sudden rally, wondering what happened too. It's pretty nice to wake up to seeing my paper losses is only -2.2% now on DIY.

This thread is easily the most entertaining thread of the entire finance section of the forum, when I see the thread suddenly got 20+ new replies I know what my next tea break reading material is 👌

Strong advocate for single ticker portfolio here, VWRA and chill ✌️
SPY is too US heavy to buy heavily in, winners rotate and SPY and US in general has been winning too hard for too long.

Warren Buffett says to never bet against the USA, I say why take the bet at all for extra uncompensated risk. Buy the world by market weight, you are never only on the bad side of the coin toss.

Translation for Freddy: Kraneshares' kickback are no longer worth the AUM bleedout that is on a different ball game now.

Just making a light joke instead of being contrarian here, but Lyn has listed Malaysia as one of the country of having unusually low PE ratio, and yet I wouldn't put a single cent in Malaysia markets 😆

Got a link? Doesn't seem to be on Youtube and I don't wanna go through eventbrite registration just to see this, hahaha

Wow, you call that indirect? Hahaha, half the article is lasered on Stashaway!

Or... you know, don't time the market.

Crazy, I know.

This post has been edited by Hoshiyuu: Mar 26 2022, 11:31 AM

Just projected returns, but your math checks out if that is the case.

Can safely ignore, one of the worst MMF offerings on the market at the moment.

He's calculating the internal ER, not the management fee for standard Stashaway portfolio.

Assuming no rebate = 0.5% internal expense ratio.

I got confused earlier by the wording - basically, 2.4% is the projected returns after deducting the 0.5% underlying expense ratio. Whether Stashaway consider 2.4% projected returns includes the 0.3% potential rebate I'm not sure, but I don't believe any SA Simple user has ever seen 2.4% return since inception.... so, take it how you will.

The fact that deposit and withdraw takes 3+ days alone is enough to avoid it, on top of meh returns.

Stashaway's marketing material is generally quite deceptive - whatever you see written on their site, think of the worst possible interpretation of it, and you'd probably be right.

This post has been edited by Hoshiyuu: Mar 26 2022, 06:46 PM

Have you decided a risk appetite yet? That is entirely up to you and you'll have to decide for yourself.

Pretty much, yes. 22% is a very good balance and generally have good risk:reward ratio.

I would personally avoid ESG myself and would recommend other to do so - it's just higher risk for little increase in compensation. Its just a flavor/theme bias that I don't like.

This post has been edited by Hoshiyuu: Apr 7 2022, 10:42 PM