Thats pretty fast for first deposit, I assume Jompay/InterGIRO? Direct debit took quite a few day on first time transfer for me.

Oh first direct debit is normal, can wait a few more days and it should be invested, no worries. It'll be fast after that.

I've had experience that deposit via Jompay at 10am, accepted for processing by 5:30pm... not even direct debit after verified can reach that speed. (my fastest direct debit is deposit 3th, processing 4th)

By the way, anyone mind sharing their withdrawal/exit strategy when its come to a point you are switching from growth to capital preservation?

e.g. lets say someone has hit their investment goal of 1 million, and don't want to worry about volatility anymore, just find a good day and lumpsum convert the entire portfolio to a low risk (8%?) or SA Simple?

Or even exiting is done DCA style, setting up a monthly withdrawal of certain amount of certain % monthly, etc etc?

Just curious, even if its way, way too early to be thinking about this.

If there is any official Stashaway article on this that I may have missed, I'd appreciate a link too. Slowly going through their academy hahaha

Ah, I see. Because I'd imagine if I was in my 60s I'd like to not worry about losing value because I am withdrawing for spending during bad times or just... have to hold back on withdrawal because it's down 50% for the next 4 years LOL

On the other hand switching the entire portfolio down to lower risk also feel not worth it....

Interested to know more perspective!

Hahaha, for me, I try to keep it simple... a single portfolio at 36%.
IMO, even at 36% risk, its already far and beyond safe compared to me going to bursa and pick stocks. No reason to be too safe during growth. If you have a 8% and 16%, you are going to bite your lips when your 36% is on a massive bull and be tempted to fiddle with your portfolios.
Plus, at 36%, there is more chance for big discount topups excitements on top of regular fixed interval deposit. (i am not gonna used that cursed, perverted term in this thread )

( Well, technically, I do have another 36% portfolio. It's a RM500 one time deposit portfolio, never going to add any more to it, using it for benchmark/tracking purpose )

This post has been edited by Hoshiyuu: Mar 6 2021, 08:34 PM

You've got it

As for "buying the dip" - it just mean that when the market is down, or when USD is weak against MYR, you are getting more underlying ETF shares per MYR you put in = more gains when the market rises again.

As for "why are you trying to time the market when you are already on a platform whose driving principle is set fixed deposit interval, don't look at it for the next 30 years, never time the market" - for me personally, I already have a fixed (daily ) deposit interval, but I also have some cash on hand that I don't mind putting extra into when SA's is having a sale (the money would have went to some useless garbage I saw on shopee because it had free shipping anyway). I don't need to buy at the lowest of lows to get some additional value, and mentally it makes seeing a sea of red a pleasant evening, instead of driving me to panic selling.

And for long time investment, IMO, anything that can convince myself to not sell/tinker with is probably a good thing.

This post has been edited by Hoshiyuu: Mar 7 2021, 02:33 AM

Just to clarify, daily deposit is a meme and there is seriously 0 good reason to do it LOL
I was just being a monkey because I wanted to tap things.

With how buy orders are executed and how ETF tend not to gain/lose a big chunk of their value within days, its very likely that you won't get any benefit of going more granular than making a deposit every Monday.

And yeah, late monkey on weekend

This post has been edited by Hoshiyuu: Mar 7 2021, 03:45 AM

Here's Stashaway's official statement regarding this:
https://www.stashaway.my/faq/360009856254-w...s-my-money-kept

Basically, Money held by Pacific Trustees, Stocks held by Saxo, all SA have is a book record.

Speaking from 100% assumption, take it with a massive grain of salt. I'd assume for regulated ones, unless they wanted to get sued up their ass, likely they won't poof overnight. There would be soft indicators like stopped receiving deposits etc then official notice and wind down period as they notify regulators and users, then sell off the assets held in custodian accounts and refund to your bank etc.
Very hard for them to songlap your investment without the world knowing, since the money not held under their name...

I think can refer to how Smartly handled it, the most recent big profile roboadvisor shutdown?


This post has been edited by Hoshiyuu: Mar 8 2021, 12:41 PM

Their AUM growth is quite good... I believe in them, if they get listed I'd buy them, for starters.
If anything... based on my personal anecdotes on other Malaysia alternatives, MyTheo, Wahed, Akru, SA was the only one that convinced me to put in more than RM500. One of those robo couldn't even get my account activated to receive my Rm500 until today.

As for risk wise, I trust Stashaway enough to put money into it, but I don't trust them enough to put 100% of my invesment into them. Stashaway is just my vehicle to get started, as the number grow, I'd likely to partial withdraw early and invest in other places. maybe 40% Robo 40% DIY ETFs 10% KLSE stock picking memes 10% cryptocurrencies?

I think diversifying platform is quite important too when there are so many brokers and robos nowadays.

This post has been edited by Hoshiyuu: Mar 8 2021, 12:44 PM

Interesting phenomenon on daily direct debit... 7th March, 9th March labelled processing but 8th March deposit received and invested

FYI don't do this its a waste of time, I am just a memer

Fellas, need 2 sens on using Stashaway for short term (about 1-2 year) goals that can afford to wait up to a few months if the market are really bad?

Thinking of having an extra low risk profile to park boring things like new PC/car maintainence and insurance budget hahaha, gain more than MMF at least

This post has been edited by Hoshiyuu: Mar 10 2021, 08:06 AM

Thanks, I went back and did some calculation on risk-to-reward ratio across profile and settled on best bang for my back @ 10%.
Gonna try it out for a year and see how it works out using SA low risk profile as non critical cash management 🤣

22% is probably the best choice if you are worried about 36. My main profile will always be 36 to maximize growth and get access to sales

This 10% is just a tiny tiny sub 2k portfolio I am trying out as cash management haha

-7%, quite happy with it so far.

Haha, if you want a number that is more convincing to look at, have to ask other veterans, my profile less than a month old.

This post has been edited by Hoshiyuu: Mar 10 2021, 11:38 AM

I'm using. 50% versa 50% simple

If you go by the proper long term investment philosophy, anytime is a good time if you can consistently do it today onwards.

-deleted, not relevant-

This post has been edited by Hoshiyuu: Mar 10 2021, 07:32 PM

Stashaway's doing great from a pure popularity standpoint I guess? Malaysian are a massive, massive sucker for UT though.

I've still got 500 in both Wahed and myTheo, but mostly because I am just interested to benchmark all 3 of them (incl. Stashaway) for a full year.

But as I use Stashaway more and more I really don't see a reason to be on other platform, and I certainly don't see Malaysian Banks offering anything that would come close to it.

Not to mention I already have an exit strategy in mind for Stashaway once I have a bigger capital...

This post has been edited by Hoshiyuu: Mar 16 2021, 12:17 PM