Still DCA-ing but will stop in a coupls of months and HODL in SAMY until reached my profit goal

reached a stage where my capital is high enough that it's easier to DIY with ETFs, Boglehead style.

I mean for ikan bilis with small capital and I did mention 6 months free fees referral 😅 can always take from places like iMoney or gurus promoting investments

obviously relative to DIY and if you have thousands it's not cheap at all, but I'm not talking about few hundred thousands, but beginners who just start and barely can contribute 2 to 3 digits worth per month

more importantly the nature of SAMY makes people more likely to build DCA/savings habit which is a mindset that's more important to learn when investing, and whether can stomach risk

But as with training wheels on a bike, eventually you have to decide whether still want "easy but pay more in long run" or "save in long run but more effort"

This post has been edited by DragonReine: Apr 7 2022, 02:50 PM

GO+ bonus 3.0% p.a. until 30 April with a minimum daily balance of RM200, only applicable to the first RM3000 daily balance

3 dollars shy of the all time low @ 21.18 in mid-March 2022, since inception of the fund 🤣

This post has been edited by DragonReine: May 10 2022, 04:01 PM

Less of following trend, more forced by current economic environment and pressure from their investors to continue to profit. SA is not the first tech startup to do this and won't be the last.

Roboadvisor is an increasingly competitive landscape and if they don't maintain enough AUM to collect fees, it's inevitable they'd be forced to cut costs. On top of that as certain automation for tasks gets more common, it's cheaper to cut human resources when automation is more reliable and accurate.

This post has been edited by DragonReine: Jun 14 2022, 11:53 AM

Only real advantage right now is that it's free from management fees until 31 July 2023.

"Better" no comment, that's subjective, whether gains/losses are better/worse than SA general portfolios is not set in stone. Like any investment, past performance ≠ future performance.

Do your due diligence on the portfolios and assets of both sides, and you have to decide for yourself which is more likely to fit your investment goals.

This post has been edited by DragonReine: Sep 19 2022, 04:09 PM

1) SA doesn't touch crypto at all

2) SA is just functionally a broker that helps you invest in regular non-crypto ETFs when you have low capital.

The nonsense happening with FTX is not going to hugely affect the wider stock+bonds market and that by extension means the ETFs that SA buys are unlikely to be affected by much.