Welcome Guest ( Log In | Register )

1032 Pages « < 15 16 17 18 19 > » Bottom

Outline · [ Standard ] · Linear+

Investment StashAway Malaysia, Multi-Region ETF at your fingertips!

views
     
JungWoo
post Apr 1 2019, 11:37 PM

Regular
******
Senior Member
1,043 posts

Joined: Feb 2012


QUOTE(preducer @ Apr 1 2019, 11:28 PM)
Thanks
tadashi987
post Apr 2 2019, 08:45 AM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(roarus @ Apr 1 2019, 10:37 PM)
You might not incur extra fees, but one thing to consider - time drag:
Each deposit typically takes T+3 e.g. Sunday deposit, Monday acknowledge, Tue night conversion and buy (US market opens at 9:30pm), Wed late morning reflected (SA typically update the numbers in the app around 11am).

Given 52 weeks a year, your money is spending 3x52=156 days in transfer, conversion and buying queue limbo.

Compare this to quarterly investment 4*3=12 days. But with such long interval some people may get buyer's remorse when they're unfortunate to buy at peaks; missing purchases during price dips in between.

In summary:
Too short - time drag, too long - possible buyer's remorse. Dial up an interval you're comfortable with.
*
QUOTE(honsiong @ Apr 1 2019, 11:09 PM)
This is specific to StashAway Malaysia. For Singapore, bank will transfer at 8AM, by next morning the shares are purchased already.

StashAway team if you see this please expedite the whole process.
*
they sent an email for feedback and i did raise up this haha
roarus
post Apr 2 2019, 11:27 AM

Regular
******
Senior Member
1,042 posts

Joined: Jan 2003
QUOTE(tadashi987 @ Apr 2 2019, 08:45 AM)
they sent an email for feedback and i did raise up this haha
*
Oh yes I recall getting an email 2 days back as well, filled that up regarding drag time and asked for no gold risk option too
SUSDavid83
post Apr 3 2019, 08:54 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
How come suddenly so toned down?
TS[Ancient]-XinG-
post Apr 3 2019, 09:16 PM

20k VIP club
*******
Senior Member
5,750 posts

Joined: Jan 2012
QUOTE(David83 @ Apr 3 2019, 08:54 PM)
How come suddenly so toned down?
*
basically just let robo do all the thing and now most of the port should be rally. People happy I suppose.
coolguy99
post Apr 3 2019, 09:18 PM

Look at all my stars!!
*******
Senior Member
7,341 posts

Joined: Aug 2015



Between this and fundingsocieties, which is better?
SUSDavid83
post Apr 3 2019, 09:19 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(coolguy99 @ Apr 3 2019, 09:18 PM)
Between this and fundingsocieties, which is better?
*
Huge risk ratio gap between two.
pmaxv
post Apr 3 2019, 09:20 PM

Getting Started
**
Junior Member
146 posts

Joined: Jun 2006
---

This post has been edited by pmaxv: Dec 31 2019, 02:36 AM
TS[Ancient]-XinG-
post Apr 3 2019, 09:22 PM

20k VIP club
*******
Senior Member
5,750 posts

Joined: Jan 2012
QUOTE(coolguy99 @ Apr 3 2019, 09:18 PM)
Between this and fundingsocieties, which is better?
*
you need to understand what you invest.... no just see wow got new investment gear. Masuk only...

P2P and ETF are 2 totally different thing....

ETF is ETF... around stocks

P2P is lending money aka ah long. But this time around you become ah long instead but paper tiger ah long.

Risk - 2 also huge different
Return - 2 also huge different

But I tell you P2P risk is super high.
coolguy99
post Apr 3 2019, 09:36 PM

Look at all my stars!!
*******
Senior Member
7,341 posts

Joined: Aug 2015



QUOTE(Ancient-XinG- @ Apr 3 2019, 09:22 PM)
you need to understand what you invest.... no just see wow got new investment gear. Masuk only...

P2P and ETF are 2 totally different thing....

ETF is ETF... around stocks

P2P is lending money aka ah long. But this time around you become ah long instead but paper tiger ah long.

Risk - 2 also huge different
Return - 2 also huge different

But I tell you P2P risk is super high.
*
Cause there is a chance that the business defaults and you don't get your money back?
SwarmTroll
post Apr 3 2019, 09:49 PM

Regular
******
Senior Member
1,401 posts

Joined: Apr 2012
When selecting 'since inception', is it from the moment we started investing it or from year beginning or something else?
roarus
post Apr 3 2019, 09:59 PM

Regular
******
Senior Member
1,042 posts

Joined: Jan 2003
Attended the event today and spoke to Amanda (Head of Client Engagement) regarding the long time drag StashAway Malaysia is experiencing. She acknowledges they've been receiving feedbacks regarding this and said the delay came from Saxo. All SA could do is pester Saxo to process MYR convert and purchases quicker so far. No idea how long it'll take to push things faster.

So for the foreseeable future, if you have access to Singapore bank account and would like morning transfer and overnight purchase - go with StashAway Singapore. There's no way to transfer your holdings from a Malaysian account to a Singapore account too, so you need to open up a StashAway Singapore account, withdraw from SA MY and deposit into SA SG.

This post has been edited by roarus: Apr 3 2019, 10:00 PM
coolguy99
post Apr 3 2019, 10:05 PM

Look at all my stars!!
*******
Senior Member
7,341 posts

Joined: Aug 2015



QUOTE(roarus @ Apr 3 2019, 09:59 PM)
Attended the event today and spoke to Amanda (Head of Client Engagement) regarding the long time drag StashAway Malaysia is experiencing. She acknowledges they've been receiving feedbacks regarding this and said the delay came from Saxo. All SA could do is pester Saxo to process MYR convert and purchases quicker so far. No idea how long it'll take to push things faster.

So for the foreseeable future, if you have access to Singapore bank account and would like morning transfer and overnight purchase - go with StashAway Singapore. There's no way to transfer your holdings from a Malaysian account to a Singapore account too, so you need to open up a StashAway Singapore account, withdraw from SA MY and deposit into SA SG.
*
Can Malaysians open a StashAway SG account?
preducer
post Apr 3 2019, 10:06 PM

5555
*******
Senior Member
2,839 posts

Joined: Jan 2003
From: KL
QUOTE(roarus @ Apr 3 2019, 09:59 PM)
Attended the event today and spoke to Amanda (Head of Client Engagement) regarding the long time drag StashAway Malaysia is experiencing. She acknowledges they've been receiving feedbacks regarding this and said the delay came from Saxo. All SA could do is pester Saxo to process MYR convert and purchases quicker so far. No idea how long it'll take to push things faster.

So for the foreseeable future, if you have access to Singapore bank account and would like morning transfer and overnight purchase - go with StashAway Singapore. There's no way to transfer your holdings from a Malaysian account to a Singapore account too, so you need to open up a StashAway Singapore account, withdraw from SA MY and deposit into SA SG.
*
If Saxo is the culprit then who SA SG is using as their broker? Not Saxo?
tadashi987
post Apr 3 2019, 10:06 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(roarus @ Apr 3 2019, 09:59 PM)
Attended the event today and spoke to Amanda (Head of Client Engagement) regarding the long time drag StashAway Malaysia is experiencing. She acknowledges they've been receiving feedbacks regarding this and said the delay came from Saxo. All SA could do is pester Saxo to process MYR convert and purchases quicker so far. No idea how long it'll take to push things faster.

So for the foreseeable future, if you have access to Singapore bank account and would like morning transfer and overnight purchase - go with StashAway Singapore. There's no way to transfer your holdings from a Malaysian account to a Singapore account too, so you need to open up a StashAway Singapore account, withdraw from SA MY and deposit into SA SG.
*
SG can get the speed of morning withdraw, overnight sell? unsure.gif
preducer
post Apr 3 2019, 10:19 PM

5555
*******
Senior Member
2,839 posts

Joined: Jan 2003
From: KL
QUOTE(coolguy99 @ Apr 3 2019, 10:05 PM)
Can Malaysians open a StashAway SG account?
*
https://www.stashaway.sg/faq/115000365693-getting-started
SUSDavid83
post Apr 3 2019, 10:21 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(preducer @ Apr 3 2019, 10:19 PM)
What is the link for SA MY FAQ?
preducer
post Apr 3 2019, 10:29 PM

5555
*******
Senior Member
2,839 posts

Joined: Jan 2003
From: KL
QUOTE(David83 @ Apr 3 2019, 10:21 PM)
What is the link for SA MY FAQ?
*
https://www.stashaway.my/help-center
thesnake
post Apr 3 2019, 10:40 PM

On my way
****
Junior Member
613 posts

Joined: Jun 2011



How long does it take for withdrawals? Has anyone try to withdraw from SA?
SUSDavid83
post Apr 3 2019, 10:41 PM

20k VIP Club
*********
All Stars
52,874 posts

Joined: Jan 2003
QUOTE(thesnake @ Apr 3 2019, 10:40 PM)
How long does it take for withdrawals? Has anyone try to withdraw from SA?
*
https://www.stashaway.my/faq/360009270394-w...my-bank-account

When will my withdrawn funds from StashAway appear in my bank account?
You can expect the withdrawal process to take approximately 5-7 business days. First, we will sell the securities on your behalf, and then exchange the USD to your respective denomination. Then, we will wire the money from our trust account to your bank account

1032 Pages « < 15 16 17 18 19 > » Top
 

Change to:
| Lo-Fi Version
0.0192sec    0.50    6 queries    GZIP Disabled
Time is now: 26th November 2025 - 09:14 PM