Transfering is not possible between 2 different robo advisor companies as they're under different management, with different fees and different portfolios.

Not really useful for observing long term effects, this kind of news maybe cause some reactionary volatility (key word: maybe) but not a big impact. Unless there's news of trade sanctions, political instability or regulatory changes, investors are hardly going to actually move based on sporting events 😅

This post has been edited by DragonReine: Feb 18 2022, 05:25 PM

The issue with ESG as of now is that regulations and requirements are flimsy AF, so it's hard to say if they're truly "green and sustainable" in the long run. ESG as a concept also tends to run counter to the concept of "max profits min cost" and focus more on ethics, which reduces the profit margin compared to less-savory business practice

Coupled that with the hype buzz about ESG right now, and you're at risk of buying high, if talking about current economic conditions.

Main consideration for ESG investing:
1) Your personal ethics vs your profit goals, whether you'd want to put money in somewhere that you believe is important to boost "fair" environment/social/governing policies even if it's not as profitable
2) If you believe, as some do, that the regulations and costs of financing non-ESG businesses will increase and cause difficulties in profit (banks gradually increase the requirements and risk profile of financing non-ESG ventures, as well as authorities putting pressure on approving such businessses)

for those curious:

3rd Monday of every February is President's Day.

Likely not just StashAway will be affected, since big events, when they happen, will affect global economy much like how global lockdown caused market dip.

SA's "good point" is that because it's diversified across multiple region, any big crash in a single region will be cushioned by the other regions.

case in point, the dreaded/hated KWEB that dropped more than half from ATH, didn't push any portfolios down more than 20%, even in the highest allocation portfolio of 36% SRI that invested during the ATH (which if you remember, SRI = the portfolio has a 1% chance of any given year to record loss of below the % of the SRI).


This post has been edited by DragonReine: Feb 24 2022, 04:28 PM

Complicated history, not something easily summarised in a forum post.

IMO from an outsider's (not Ukrainian/Russian) standpoint and from investment/personal finance management standpoint, best as of now is to wait for dust to settle. The misinformation is rife especially on social media, and it is wayyyyyyy too early to guess how this will affect global markets.

If a war that drags multiple nations to the point of a "world war" in does happen we'd have much bigger problems than how investments will perform. Survive first, thrive later.

Because simple returns like which you proposed does not actually measure YOUR investment performance based on your investment pattern (the time + amount you deposit, over a period of time)

While simple returns is easy to track unit prices in a complete vacuum (like they use in displaying an ETF/stocks' performance), when it comes to individual portfolio with it's better to actually look at Time Weighted Return AND Money Weighed Return in tandem, as looking at both tells you if your investment performance and whether any of your prior investing movements (withdrawals and deposits) affected your performance, like if you'd been consistently buying high, selling low etc.

A visual and simple text explanation of how both work can be seen here: https://www.ipcdigital.ca/advisor/understan...ent-performance

This post has been edited by DragonReine: Feb 25 2022, 11:01 AM

The only "AI managed" licensed roboadvisor on Malaysian market is Kenaga's digital investment roboadvisor, supposedly (they claim to change portfolio according to appetite and market conditions, it's been reported that everyone who invest gets a slightly different portfolio, not a fixed target weight like in SA)

This post has been edited by DragonReine: Mar 11 2022, 02:50 PM

(insert shrug emoji) I feel like it's a bit hop-on-bandwagon kind of venture to compete in the roboadvisor market 😂 The whole thing from my personal observation (I am a user) feels a bit half-baked and I personally dislike the lack of transparency, will have to see how they're going to promote growth and performance in future marketing.

(1), but SA is not my only investment, so I'm not particularly fazed by the ups and downs, got other investments that are doing well

I see a lot worse in some of my stocks and mutual funds basket 😂😂😂

my 36% SRI is only hovering at -5%, compared to more than -10% elsewhere LOL

This post has been edited by DragonReine: Mar 14 2022, 12:08 PM

KEKW always hindsight eh?

when gold price tanked "SA should reduce gold"
when KWEB moon "why not enough KWEB"
when KWEB tanked "why keep KWEB"

IMO, SA if anything is proving that their version of diversification is in fact doing decent enough to weather the back-to-back storms in stock markets for the past 3 years without significant drops in value, as they claimed in their product marketing. Which is good enough for some but for others who have different expectations is not enough. And that's fair, some people would rather pursue other avenues for investment profit.

My only unker two sen to others reading is that you should be careful that you're not constantly hopping from investment to investment because you're always feeling "not good enough", it's a mental trap that can lead to buying things at hype price if you don't read and understand the market fundementals of where you're putting your money into.

This is considered 'good' in long term actively investing terms.

There's a reason why many savvy investors say that anything above 5-6% annualised gain is considered extremely good, and 10%+ annualised is suspect 😂

(it's also why some people also advise that, if you're are Malaysian and investing solely for comfortable-not-too-luxury retirement, and you never want to touch that money until then, stick to EPF)

This post has been edited by DragonReine: Mar 14 2022, 04:44 PM

Quote the country manager, they cannot justify the risk of holding KWEB due to the war and sanctions even if KWEB fly back up 😂

from a corporate perspective as asset manager to minimise risk and maximise profits, makes sense

although from an individual perspective as customer, it's not great

No AI in current robo scene is "smart" to that extent 😂 in the end any basket of ETFs/UTs that a robo chooses is still fed by the human fund managers behind the scenes. All robo does is reduce fees and costs (like sales charges/commission charge/switching charge etc.) when rebalancing/reopt/switching, so for small fish investor and in long run there's lesser fees compared to typical investment through agent.

In the end everything is reliant on fund manager(s) strategy, so you have to decide if you wanna place faith in that. Only way to avoid other people's decision is to DIY.

As lee82gx above said, it's a lot easier to invest via IBKR or other brokers nowadays, but that said SA's main advantage is easy to invest (only one level KYC compared to needing to get foreign account for IBKR, less headache about how to understand things like withholdinh taxes and domicile etc.) and can go as low as RM10 deposit LOL

Not saying SA or DIY is necessarily always better la, even if you have large capital, ultimately depends on your investing preference and willingness to put in effort 😂 both sides got pros and cons

Timing is spectacularly bad 😂 won't be surprised to see investors exit in droves

Crypto is functionally gambling at this point 😅 those who bet without brain will lose so much, while those who do can win big but must be fast and still maintain risk

🙋 this is what I use it for, although I invest in 16% n 36% SRI instead. Most of my portfolio is conservative and dividends based so being a bit risky on SAMY is a mild gamble I'm okay to take.

Feature not out yet for some Android XD

Nothing wrong to use StashAway as a low initial cost, low effort way to test your risk appetite IMO 😂 especially as a complete newbie to investing, you can easily feel within the 6 months no-fees referral discount whether you're suited to particular risk appetites