What would you recommend if you could save RM3000 per month?

Woah damn, look at S&P500 index go!!

Link: Dow surges 900 points retakes 27,000 as May jobs report shows 'mind-blowing' 2.5 million increase in payrolls and unemployment falls

lol true. I have been DCA-ing a large amount every week. I am a little nervous about the way the market is going. In a sense, I have trained myself to think that when the market goes down its good, because I can buy stocks at a cheaper value. But now that the market is inflated, and detached from the real economy. I am thinking of cutting back the amount per DCA, but still continuing DCA.

What is everyone doing with Stashaway currently?

the concept for stashaway simple is different with the ordinary stashaway away right. Simple is more like FD, so want to ask, it is ok if I just dump one lum or do DCA better like the usual stashaway?

That's not DCA...

Means the money u redeem will convert back to Myr again? When u dca again, it will convert to Usd again? @_@""

erm for new user should i go for simple or the normal type?

For me market is not too high. Cuz some of the asset prices still not as high as pre covid levels. So I guess still can join, but the profit margin is less tho..unless it went into another orbital drop of course.

from that article....
"One retail investor said she made the most of Friday’s losses to load up on more shares.

“It’s still just the middle of the rally,” said 30-year-old Jess Huang, who works at a state-owned enterprise in Beijing."

"...........authorities appear keen to engineer a steady bull market rather than a repeat of the bubble that ended in a $5 trillion crash five years ago."....
engineer a steady bull market....thus got more to go after this pull back ??

It would be interesting to check when SA will finally decide to return to the previous iteration for 36% portfolio with heavy exposure to US.

anyone has started to use automated debit to stashaway now? After the crazy fiasco that happened a couple of months ago.

relax,

This is a long run. No, "Time the market" extremely useful if you think all you want to do is make 5, 10 or 20% and then cabut. But it is not repeatable. Even 1 year is too short, lah!
The advise is to invest more than 3 years. But, yeah it is ok to monitor regularly and make corrections. Heck, I check my stashaway every day once or twice. Not that it changes my strategy or anything. Its just so convenient.

My returns have also been eroded due to USD drop and minor corrections in the "Street". None of this changes anything, because :
1. Do you see a better thing out there?
2. Do I need to use the money?

So those 2 are my criterias for exiting.

would you recommend me me transfer all to 36%?

lol how come your line so smooth? How do you deposit? By weeks?

Daily RM 50     

So everyday you busy to do banking transaction ?

I found that more frequently do DCA, the gap between portfolio value & net deposit is bigger. The return is better if we do more frequently DCA ?

With the kind of daily deposit you have loss another at least 3 to 6% gain on FX conversion

Better off put in Simple and then when FX rate is favourable one shot dump in

Mine this week only when deposit on Monday exactly FX rate at RM4 to 1 and already MWR is 5% to date with another at least 8 good weeks will double money for this year

MWR the power of timing and exchange and we need more good weeks like this week and more to come soon for us