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

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GrumpyNooby
post Dec 13 2020, 09:00 PM

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QUOTE(bourse @ Dec 13 2020, 08:58 PM)
management fee waive 6 mths if using referral code.

finish 6 mths waive time, now have to pay
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For main portfolio right?
Not for Simple™?
GrumpyNooby
post Dec 15 2020, 06:50 AM

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QUOTE(Zenph @ Dec 15 2020, 12:26 AM)
Why stashaway USD and MYR is so different?

In USD terms I got 1225 USD in profit but in MYR terms I only got 3222 MYR. What’s wrong?
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Forex gain/loss which includes 0.1% conversion fee by Citibank and daily forex movement.
MYR is strong now.
GrumpyNooby
post Dec 15 2020, 09:26 AM

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QUOTE(WHITE APPLE @ Dec 15 2020, 09:24 AM)
First time deposit via jom pay. I just fill up the biller code and Ref-1 provided by SA and they are able to trace my deposit? So everyone will have different Ref-1 code?
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Yes, reference 1 should be unique.

This post has been edited by GrumpyNooby: Dec 15 2020, 09:26 AM
GrumpyNooby
post Dec 15 2020, 01:52 PM

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App update is available for Android.
GrumpyNooby
post Dec 16 2020, 12:33 PM

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SAMY doesn't allow/offer withdrawal to Simple™?
GrumpyNooby
post Dec 16 2020, 12:55 PM

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QUOTE(DragonReine @ Dec 16 2020, 12:53 PM)
can, but they'll covert to MYR first before withdrawal so the usual currency conversion loss applies laugh.gif
user posted image
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This is under Transfer menu not under Withdrawal menu. hmm.gif

When I did a full withdrawal request, it only allows to go the designated bank account.
GrumpyNooby
post Dec 16 2020, 01:04 PM

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QUOTE(DragonReine @ Dec 16 2020, 01:02 PM)
Ah yea, I asked before, they classify as transfer because it's "within" SA, so it's technically transfering between portfolios since Simple is another investment portfolio, just low risk. IDK if it's different for Singapore version, but Malaysia version is like this.

Withdraw then is direct to bank account le.
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Thanks for the clarification. thumbsup.gif
GrumpyNooby
post Dec 17 2020, 07:04 PM

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QUOTE(backspace66 @ Dec 17 2020, 07:02 PM)
Better check all the transaction in your portfolio especially the last few weeks, seems like some weird stuff is going on where they are selling the same ETF on one day only to buy it again the next day at HIGHER price.
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They sold my IJR and buy other ETFs.
Very likely because IJR has exceeded the targeted allocation.
GrumpyNooby
post Dec 18 2020, 04:13 PM

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Don't get confused between rebalance and reoptimize.
GrumpyNooby
post Dec 20 2020, 09:16 PM

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QUOTE(Vint @ Dec 20 2020, 09:11 PM)
anyone saw CF lieu's latest youtube video? any comment?
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What is bothering from the video if you're earning double digit return for the year?
Of course, you can squeeze for more return with DIY by opening an offshore trading account and buy prestigious ETFs at lower cost.

This post has been edited by GrumpyNooby: Dec 20 2020, 09:18 PM
GrumpyNooby
post Dec 21 2020, 07:39 PM

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The correction that we're waiting for is starting? hmm.gif

user posted image
GrumpyNooby
post Dec 26 2020, 12:37 PM

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QUOTE(Oklahoma @ Dec 26 2020, 12:35 PM)
Guys is Stashaway insured by PIDM? If not what happens if stashaway go bankrupt or run away with money? How to get money back?
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Which investment is insured by PIDM?
Only deposits and insurance are under the purview of PIDM.
GrumpyNooby
post Dec 26 2020, 12:40 PM

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QUOTE(Oklahoma @ Dec 26 2020, 12:39 PM)
Ok apologies. Anyhow how's your experience with stashaway? I put 36% risk, so far so good.
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Yes, it's so far so good.
GrumpyNooby
post Dec 28 2020, 12:36 PM

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Some shared earlier that if the sales order is executed by tonight, you'll see money in the bank account by 2 days later (late evening).
GrumpyNooby
post Jan 4 2021, 05:26 PM

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QUOTE(killdavid @ Jan 4 2021, 05:24 PM)
Can you buy into ARK ETF from SA ?
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I wanted to buy too.
How? Please teach ...
GrumpyNooby
post Jan 4 2021, 07:44 PM

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Emotional investing hurts your wealth

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GrumpyNooby
post Jan 5 2021, 08:46 AM

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QUOTE(JLJQ @ Jan 5 2021, 08:43 AM)
Which particular fund in FSM is this? I'm using eToro for ARK..
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Affin Hwang World Series – Global Disruptive Innovation Fund feeds into ARK Innovation Fund (ARKK)
GrumpyNooby
post Jan 5 2021, 08:57 AM

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QUOTE(Snoopie @ Jan 5 2021, 08:54 AM)
Have anyone of you tried to withdraw StashAway before? And the annual fees is only when deposit is more than RM50K, less no charges?
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Have anyone of you tried to withdraw StashAway before?
What you wanted to know specifically?

And the annual fees is only when deposit is more than RM50K, less no charges?
Management fee is always there.
It depends on the promo code used for the fee waiver.


This post has been edited by GrumpyNooby: Jan 5 2021, 08:57 AM
GrumpyNooby
post Jan 5 2021, 02:39 PM

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QUOTE(KenshinX @ Jan 5 2021, 02:33 PM)
Hi guys. How do you stop the recurring deposit? I have one monthly recurring deposit schedule set up previously and would like to cancel it but i cannot seems to find the option.

user posted image

Clicking the Schedule Recurring Deposit option just bring me to the page to set up a new one. I did a full withdrawal on 3rd Jan but on 4th the recurring deposit took place. I did check for recurring deposit after 3rd with intent to cancel it but i remember i dont see any so i thought full withdrawal must have also cancelled my recurring deposit automatically.

Support is asking me to check Jompay (which i dont have an account) and bank standing instruction (I dont even know how to use M2U to make standing instruction so i dont think its from M2U). Now i am so lost...
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Check under My Settings>Pay&Transfer in Maybank2U if there's any entry for Pacific Trustee Berhad.

Look under Linked Accounts/Transfer Future & Recurring/Standing Instructions

user posted image
GrumpyNooby
post Jan 5 2021, 02:54 PM

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Found this article at CNA SG

Commentary: Letting a robo-adviser decide how to invest your money is a double-edged sword

SINGAPORE: Many consumer-facing Financial Technology (FinTech) firms have emerged to help Singaporeans with their financial affairs, from digital payments to insurance to remittances. Among them are robo-adviser firms that assist with investing.

Popular ones include StashAway, Syfe and AutoWealth.

Robo-advisers rely on algorithms to customise asset portfolios according to the client’s tolerance for risk. Portfolio rebalancing is done automatically in response to changing market conditions.

All these automated features eliminate the need for active management by the investor. The low fees charged compared to human investment managers have further stimulated interest in robo-advisers, as seen from numerous articles and discussion threads on local financial forums like Seedly and MoneySmart.

https://www.channelnewsasia.com/news/commen...anning-13824986

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